Is it wise to invest in Property following the upcoming Indian real estate trends of 2019 & 2020?
Real estate
investment is purchasing a property with the intention of earning income
through rental income or resale, rather than as a primary residence. It is the purchase
of a future income stream from property and can offer several advantages over
other types of investments, including potentially higher returns, stability,
inflation hedging, and diversification. Property Real estate investors
typically purchase homes to rent out to tenants, apartment buildings, and
commercial buildings. Here are some of the key aspects that need to be considered
while you invest in real estate market in 2019 and 2020.
Compared
to other investments like bank deposits, gold, and so on, real estate investment
offers greater growth. There is always a remarkable demand for real estate in
India. As per the researchers this sector aims to reach a figure of $180
billion by the year 2020. Even though the real estate sector is likely to have
a rough year, new trends are expected to emerge in the coming years. In the last couple of
years, affordable accommodation is the only segment where
transactions seem to be happening. The trend is expected to be maintained in
2019 and 2020 as well. The heartening aspect is that both residential and
commercial real estate are gaining importance today and we are able to see an
uptick in affordable housing sector—both from supply and demand side—which
leads us to believe that it would be a key driver for the residential sector in
coming times," said by the real estate consultant Shishir Baijal, chairman
and managing director, Knight Frank India.
In the approaching year, there will be a huge scope to invest
in real estate. The Government has facilitated the growth of the real
estate sector by introducing massive changes in the taxation and regulatory
aspects of real estate. The setting up of the RERA is one step took towards
streamlining real estate business and ensuring that the buyers get full value
for the money they are spending in acquiring a home. The RERA norms might be
stringent but it has ensured lot of transparency to deal in real estate. It
also made sure that credible developers alone will be able to survive in this
industry. “Affordable Housing” has been given the much needed emphasis by the
government and government incentives to
both developers and homebuyers are pushing supply as well as demand within the
segment.
With the introduction of various reforms, there was also a
major change in the concept of building by adding new innovations and pro professional
builders providing homebuyers theme based projects like – comfort homes, senior
homes, kid-centric homes, and more. Additionally, the new builders have
incorporated technology and other amenities like smart lighting, 24 x 7 CCTV
surveillance, power back-up, clubhouses, swimming pools, outdoor parks, and
several other amenities to enhance the value proposition of their offerings.
In a nutshell investing in real estate in Delhi NCR is the
perfect instrument for securing your future today. There is a tremendous demand
for leasing out these apartments on rent. It is a perfect way to recover your
investment and watch the value of the asset appreciate in the future. Investing
in top-notch projects like the Ashiana housing projects presents a win-win
situation for all.
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