Real estate has the potential to give very high returns in the long run. It can provide a steady cash flow and avail several tax benefits. Therefore, if you want to grow your wealth, you too should consider a real estate investment in India. Here are some advantages real estate offers over other investment classes.
7 Reasons Why You Should Invest in Real Estate
1. Tax Benefits:
If you buy a second home and take a bank loan for it, you get some tax rebate which ultimately helps you save money, and saving money also leads to wealth accumulation.
2. An asset for you and your future generation:
As the holiday end and life start going back to routine, it’s time to start preparing for the future of the new generations at home. Creating a savings plan for the future of your children or grandchildren through traditional financial products is almost impossible these days as they offer low yields. But with Houser’s you will get the right solution to create a savings plan and a better future for the new generations. According to Louis J Glickman who was a New-York based Real Estate Investor and Philanthropist -” The Best Investment on “Earth” is Earth”.
3. Cash flow:
Real estate, especially in urban areas, is bound to increase due to the scarcity of land. It is said that the longer you stay invested in real estate, the more money you make. The value of a good real estate investment grows over time. Rents also typically increase every year, ensuring higher cash flows.
4. Real Estate Yields Fabulous return in the long term:
Real estate is one of the largest employers in India after agriculture. It is also a globally recognized sector that has been witnessing high growth in recent times owing to the increasing demands for offices and residential spaces. One of my Relatives has shared his own experience with real estate, let me share it with you.
“The current market value of my flat in Mumbai is around 1 crore, I bought it in the year 2000 for 28 lakhs. The returns have been 72 lakhs in 9 years, which means around Rs 8 lakhs annually. more than my present salary and now I am planning to invest more in real estate instead of equity, what do you think?“
5. Protection from Inflation
As the world recovers from the impact of COVID-19, the global economy has experienced a strong comeback. This has been accompanied by sharp increases in prices and wages, leading to fears that we are entering an uncertain period characterized by higher inflation and interest rates. This has brought real estate into the limelight as it is often argued that “property is a good hedge against inflation”. But does it always happen? In this piece, we summarize the findings of our latest Insight report, which examines the economic outlook and assesses ‘Dose Real Estate’ truly has inflation-hedging properties.
6. Rental Properties provide passive income:
Passive income is the money you earn regularly without the investment of time daily. Creating a passive income stream from rental income already involves work but allows you to reap financial rewards for years to come. A common passive income stream is real estate investing and rental management. But is owning a rental property right for you? Being a landlord is a lot of work, especially in the early stages. And all this is while you are selecting your properties, doing necessary renovations, and learning the ropes.
7. Wide variety of investment options:
Palm Village Murbad Housing Properties
