By Runwal Group Posted On Jun 29, 2021
Category Residential properties
As the country tries to recover from the serious losses faced due to the pandemic, many urban Indians are now looking for ways to build a stable financial portfolio. The most preferred way of doing this is to opt for a real estate investment. Approximately 35% of the total Indian investors are now looking for the perfect real estate options to invest in and secure their future. The real estate market in India is expected to witness growth from Rs. 12,000 crore (US$ 1.72 billion) in 2019 to Rs. 65,000 crore (US$ 9.30 billion). Experts suggest that apart from gold or silver, real estate is now a secure investment and yields better returns in the future whatsoever.
Real estate investment in India is not only about buying a plot of land but also looking at various profitable factors for the investor. Here are a few reasons why real estate continues to be the most popular investment in India:
Unlike any other assets, the risk associated with a real estate investment is relatively minimal. If you plan to sell your property after a few years, the appreciation of the property will guarantee that you incur good, if not excellent, profits given another pandemic or financial turbulence. Whereas, as regards other assets, prices may hit rock bottom and incur heavy losses.
With the uncertainty of the economy, many urban Indians are now looking for ways to generate passive income. Indian property investors can thus benefit from rents or other incentives. Instead of keeping the property vacant, one can lease it to families, students, or even companies and generate a monthly fixed income.
Various schemes for financial assistance and a low-interest rate on loans are among the primary reasons real estate investment is growing nowadays. Especially for affordable housing and women investors, deduction in registration or stamp duty and lower bank interest rates attract more real estate purchases.
Compared to other investments such as fixed deposits, gold, and silver, real estate demand will never cease. If you opt for the right property, such as the 3.5 BHK flats for sale in Kanjurmarg East Mumbai, then you can enjoy buyers or tenants for your property in the later years. Real estate demand will only grow in the future, and if you consider yourself an intelligent investor, then real estate is the right pick for you.
If you are planning for a secure investment, then the above-mentioned points justify why real estate is the safest way to make your future financially stable. However, ensure to invest in quality real estate projects. One such project is Mumbai’s Runwal Bliss. Developed by Runwal Group, it is only 3 kms away from Powai. It is well-connected to Mumbai’s prime locations and the international airport via the Santacruz-Chembur Link Road (SCLR), SEEPZ, BKC via the proposed Mumbai Metro Lines the Western Suburbs via the Jogeshwari-Vikhroli Link Road (JVLR). Apartments that echo nothing but excellence with stellar amenities such as huge gardens, a play area, a library, and a clubhouse, Runwal Bliss assures that you can get the highest returns on your investment. To know more, enquire now.