Real
estate has long been regarded as one of the most popular industries, with a
track record of providing promising long-term returns.
According
to recent JLL India data, housing sales have increased by 124 percent or more
year on year in the top seven Indian property markets, with 5.85 million square
feet of net office absorption, while office leasing is up 48 percent
sequentially and 8 percent year on year.
This
blog is for a newbie who wants to maximize his returns while making his
first Real Estate Investment; here are a few
tips to help him get better returns.
Best
Ways to Benefit from Real Estate Investment
1.
Seal the deal with branded developers
Branded developers not only have a vision for their project, but they also have a high level of dependability due to their extensive track record.
When
considering a property transaction for investment purposes, it is always
preferable to go with a well-known developer.
2.
Check on the possibilities for employment
As
infrastructure expands, so do employment opportunities.
The nature of the urban metro crowd is to flock to areas with a wide range and
diversity of job opportunities; this movement also tends to dictate the
establishment of other service sectors.
Investing in commercial units near an industrial hub is thus the best option.
3. In construction vs. delivered
When one invests one's hard-earned savings in
an under-construction property, the price points are much lower than in a
completed project, but the scope of price appreciation is much greater as the
project nears completion.
The RERA has specific guidelines for timely delivery, so the investment made is
worthwhile, and much higher benefits can be obtained once the project is ready
to move.
With an under-construction property, there is
also more flexibility in making payments.
4. Look for nearby
infrastructure development
In
today's Delhi NCR market, the Delhi Mumbai Industrial Corridor, Yamuna
Expressway, Jewar Airport, and Dwarka Expressway are some of the prominent
infrastructure developments that have the potential to provide investors with a
new growth horizon.
In the next ten years, as these infrastructure marvels are completed and fully
operational, a 100 percent appreciation is expected.
The residential/commercial pockets near these establishments tend to become the
highest rental income-generating hotspots, and if one wishes to sell them, the
returns are massive in comparison to their initial investment.
5. The underappreciated element of the
preferred location unit
A
person must pay an additional charge known as PLC (preferential location
charges) when booking a park/pool/road-facing unit. These fees pay off when
renting or selling the property because they have a slightly higher
appreciation than the rest of the units.
The value of PLC-demanding units tends to rise over time because they have a
layout advantage over other units in the project.
Here is FREE Advice from Investment Experts!
If
you have decided that real estate investment is the best
option for you, taking guidance from a Real Estate
consultant can be a great way to figure out the best strategy for
achieving your investment goals.
Contact BRICKSNWALL - the best Real Estate Consultants, to help you explore your home financing options and find the best investment opportunities.
