Build Multi-Generational Wealth With Real Estate Investment

Housing has always been a big requirement for human beings. The importance of owning an abode has numerous advantages to the buyers or a real estate investor. In India buying a residential property is not only an economical but also a deep emotive & sentimental investment. In simple terms, real estate investment is a wealth-producing asset eternally to be valued by generations.

The consequence of buying residential property has generally two objectives i.e. use it as end-users or enjoy fixed rental income monthly and earn excellent capital appreciation in the end. These days good opportunities for real estate investment only lie in the real estate developments from reputed real estate developers with a proven track record, only here you will get excellent ROI in comparison to other volatile asset classes.

These days every investment advisor, advised you to park your extra income in home buying to rent it out for excellent income yields. To encourage this, the Model Tenancy Act was presented by the Indian Government that will further validate and strengthen rental housing in India.  India’s growth story reads very bullishly, magnetizing investors' movement internationally. Now, in favorable market conditions, it is the perfect opportunity to invest in residential property, a segment fixed to grow at 10% CAGR (Compound Annual Growth Rate).

The Covid-19 pandemic has also brought in a new genre of home buyers i.e., the next-gen millennials to the front. At the same time, the residential segment experienced an instant rise in modern & well-informed homebuyers, who are looking for spacious & luxurious residential apartments in the new normal. The twisted interest towards well-planned townships, equipped with the best social stuff inclusive of the best education, medical facilities, retail, and leisure amenities, presents walk to work benefit with commercial development in proximity have garnered traction to elevate mental and physical wellness quotient. Now, a balanced lifestyle, best safety & security features, hygiene, and social distancing are the new concern of home buyers that are only available in an all-inclusive development in residential locations.

Investment in residential property has caught on to a great extent, be it future planning or retirement planning. The big advantages like value appreciation, good rental income, and tax advantages on Home Loan EMIs - make this the best investment decision. This allows the investors to address certainty of future income, future job prospects, future responsibilities, economic relocation and so many. The feature of wealth creation meets by pay-out (EMIs) being adjusted against fixed rental income.

Now many Millennials are considering real estate investment, it is the possibility of job stability and growth curve that drives the decision. Real estate investment is one of the safest assets and the best way to deal with price rises, which makes it a value-add element of an investment portfolio. Real estate investment has proved to be advantageous, be it millennials, experienced, homebuyers, or investors. For a long time, investment in real estate has been considered to be the largest asset class in the world, which makes sure high returns over time. As an asset, the property holds a high utility value for the percipient.

Investment in residential properties has countless options for investors to choose from like residential plots, independent floors, or high-rise apartments across geographies. The developing infrastructure of NCR and Pune will write the success story in the future, making it the best time to invest now in festive tailwinds. A wide range of festive bonanza complemented with low home loan interest, options in inventory, innovative Flexi payment schemes, deal sweeteners by the real estate builders make it a perfect time.

Conclusion

Real estate is the safest & traditional investment in India. It presents excellent returns in comparison to any other mode of investment. It is more money-making than parking funds in a bank or gold. Buying a residential property is a sustainable form of investment for your retirement, and also multi-generational wealth for future generations.