logo
logo
Sign in

Investment in Real Estate: Financial Security During Unpredictable Times

avatar
Parsvnath-Developers
Investment in Real Estate: Financial Security During Unpredictable Times

With job losses in huge numbers and economic turmoil, paying home rents suddenly becomes a financial burden for tenants. However, home loan borrowers have a choice to take advantage of the EMI moratorium, making it beneficial over rental payouts every month. Not only during difficult times but real estate is considered as a stable asset class and a preferred investment option especially in a volatile market scenario. Therefore, there is a sudden rise in demand for plots in Ujjain and across cities in India.
Niti Aayog's report says that there is a shortage of nearly 25 million houses, which shows the vast underlying demand in the real estate sector. Further, growing urbanization, rising incomes, and large middle-class households – all contribute significantly to drive demand in the sector.
Niti Aayog prognosticates the Indian real estate sector will reach $650 billion by 2040 from the current levels of $120 billion. Being a long-term investment option, any cyclical downturn does not impact the investment compared to other investments.
Apart from location and the city, opting for ready-to-move-in properties is by and large a safer bet than under-construction properties or land acquisition. Price drops have made Plots for sale in Ujjain more affordable. Also, do not let the discount be the sole criteria-reputation and track record of builders should remain one of the fundamental criteria when investing in real estate.
Real estate can be a great tangible investment option, especially in the long term. The current price dip, low interest rates, and stamp duty cut all make it a viable option albeit with some strong fundamental research required before purchasing. Now is the right time to make the right move and buy residential plots in Ujjain.

collect
0
avatar
Parsvnath-Developers
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more