The Indian real estate market has seen an amazing turn of events, thanks to the new government in center and its visionary policies. The fact that this government has brought an ordinance on land acquisition act, eased foreign direct investment norms and has allocated 76,000 crore rupees for infrastructure development in this budget speaks volumes about its intention to revive the realty growth. Having said this, it has never been a case wherein the property market has not given positive returns on investments, however, in the last few years the stagnant economy had reduced the volume of transactions and there had been a liquidity crunch.
Thanks to the rise of online real estate portals like Housing.com, the liquidity factor has now been addressed. This is because this site has provided a platform that enables all its users – common man, builders, large developers, property agents, nonresident Indians, institutional investors, etc. to buy, sell and rent all kinds of realty assets at one place, with complete ease and convenience. They can do so from the comforts of their home or on the move through its “Lookup App”. In addition to this, it also provides hosts of other services that include dedicated web portals for new projects, home loans, serviced apartments and rental agreement in Bangalore. This is not all; to ensure that all users of Housing.com have excellent search experience its team of data scientists constantly roils out numbers and algorithms to bring out the new tech tools and features. With more than 4 lakh 38 thousand verified listings on its site, there is no dearth of options with them and one can get plenty of options on flats for sale in Thane and other prominent cities including the studio apartments, villas, independent homes, penthouses, 1 BHK, 2 BHK in Thane and other apartment options across 100s of towns in India. Owing to all of these unique benefits, this site today has more than 6 lakh 30 thousand happy home seekers. Let’s now have a look at some of the reasons as to why is it a must to invest in real estate –
Offers high capital appreciation in medium to long term
Historically, realty investments in India have provided an average return of more than 10 percent across the geographies. Today the scenario is no different. The property transactions that were done in few lakh rupees 7 to 8 years ago, have now multiplied several times to a few crores. It’s not long when these transactions will be valued at multiple crores due to the all-round infrastructural development that the country is witnessing currently. It is therefore advisable to book your dream home now before it is too late!
Provides sustained rental income
Property investment unlike other assets also provides sustained rental incomes that can very well serve as the second source of income for a middle class family. It is true that the economy is growing and there are thousands of jobs being created, but it must also be noted that there are thousands of people who are constantly losing jobs for one reason or the other. This is the harsh reality of private jobs. Therefore, to guard against any such unforeseen circumstances, it is best to have one or more property investments that can be of help in need. Other than this, buying a home guards against inflation and is also a good retirement option.