Is it good to invest in real estate now in India?

Even after some brief setbacks, it remains the best investment opportunity – and will continue to expand over time. Due to a massive economic boom, the average income in the majority of Indian cities has risen, providing us with an incentive to prepare for the future, making real estate the perfect investment option.

What is the right age to buy a house?

The median age for first-time homebuyers in 2017 was 32, according to the National Association of Realtors. The best age to buy is when you can comfortably afford the payments, tackle any unexpected repairs, and live in the home long enough to cover the costs of buying and selling a home.

Will real estate make you rich?

When you invest in real estate, you could achieve a million-dollar or greater net worth simply because the properties you own and manage have gone up in value over the years. Few of us have the cash on hand to buy the property outright. This is why many put a down payment down on a property before repairing it.

Why invest in India’s real estate sector?

India being a growing and young population, demand for property keeps rising. This dual effect (of assured rent and value growth) makes the real estate sector generate unparalleled returns, unlike any other asset. Property investment is one of the best inflation hedge.

Is real estate investing a good idea?

In the opinion of experts, the real estate investment in the present time needs a different strategic approach than purchasing a property for personal use. When you choose real estate as an investment strategy, you purchase property to make profit out of it. In most cases, the investor rents out the property or resells it at a higher cost.

Why is the Indian real estate market not reviving?

In last few years, Indian real estate market has faced major hurdles. Though RERA is now in place, but this sector is not reviving. Incomplete projects, finished inventory, lack of demand etc has contributed to the lacklustre performance of this sector. But still in major cities in India, prices of decent real estate properties are not declining.

What is the future of real estate in India in 2020?

Also, in 2020, the Indian real estate system will exhibit more financial discipline, accountability, and transparency due to the structural economic policy reforms introduced last year. In my opinion, if you are planning to add real estate in your investment portfolio, this is the right time to start visualizing and plan it for a better future.