Low risk with high returns is what every investor is looking for when making an investment. Real estate is one of the most stable investment options available today as it meets both of these criteria. Here are five factors why real estate is the best investment option today:
Assured appreciation – Compared to gold, which is the traditional mode of investment, real estate does not require payment of its full value. And unlike stocks and equity, to invest in the real estate market does not require any particular skills, just the ability to study the different projects and builders. If you opt for a property in an upcoming location and from a builder you can trust, you are assured of appreciation on the value of your property as time passes.
Tax savings – The government has several options for the real estate investor to save money through tax deductions. There are also special benefits for first-time owners of property below Rs. 40 lakhs. There is no maximum limit for claiming deductions home loans on property that is rented out.
Development of infrastructure – India is developing rapidly and infrastructure is being developed at a rapid pace, which is a having a positive effect on real estate with rapid appreciation in value.
Government initiatives – A number of policy changes and reforms announced by the government have been inducing more and more people to invest in real estate. The introduction of RERA brought about transparency to the industry. There are also several subsidies that have been announced for first-time owners of residential properties.
Affordable housing – The emphasis across the country today is on affordable housing solutions to suit every individual and there are residential projects being developed that suit every budget. This is bringing the dream of owning a property into fruition for many individuals.
Prestige Meridian Park new launch apartment at Sarjapur Road, East Bangalore.
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