The world over, real estate is currently one of the safest investments that an individual can make in their lifetime. This industry is the second largest employer in India and is tipped to grow at 30% over the coming years. The sector did see some setbacks, especially due to the COVID pandemic, but is now showings signs of an upswing.
When compared to other traditional investment options such as stocks, investment in real estate is stable and does not fluctuate. Stock trading is a risky game and is a specialized field that requires a high level of skill and understanding. Investing in residential real estate, however, does not require any particular skill and is something even a novice can do.
Real estate always appreciates in value, and this tangible asset is a definite assurance of a good return on investment. You are assured of a roof over your head and a place that you and your family can call home. As the demand for housing is rising steadily, the industry is continuing to yield great returns for investors in property.
This investment can also be a great source of appreciating passive income if you put your property up for rent. Rental income is one of the advantages of real estate and will assure you of income for years to come. The industry is also not subject to the volatility of the market, and there is no risk of losing money.
With foreign investments in real estate on the rise, investment in this sector in India is assured of good returns. India is slated to become the world’s third largest economy by 2030, and the real estate market will grow substantially. Land is always in demand and appreciating rapidly, and an investment in real estate will fetch the buyer handsome returns.
Godrej Properties new launch apartment is Godrej Splendour.