Investing in real estate has always been a popular choice for the rich and famous, who want a place to live and establish a base for business abroad. However, recent events have affected the trend of Indian real estate. In a report by CII-Anarock, the country’s real estate industry is suffering from pandemic and lockdown. Amidst these factors, investors are not getting enough information to make a sound investment decision.
Real estate investment has many benefits, one of which is a substantial tax saving. If you are an NRI or OCI, you can take advantage of tax rebates and deductions under Section 80C and EE. Furthermore, you can earn a decent income through rent generation. Ultimately, you can earn a good return on investment by investing in real estate in India. It is also a safe bet for investors who want to invest in a stable sector and can reap financial rewards for many years.
Apart from tax exemptions, real estate can provide a steady source of rental income for you. You can also enjoy the benefits of real estate investments when it comes to retirement. You can sell the property for good returns or stay in it for life after retirement. However, you must keep in mind that real estate investment can be very complicated and risky. For beginners, it may be best to consult a real estate investment guide before investing in real estate.
As with any other investment, buying real estate in India is not a bad idea. Purchasing a two-bedroom flat is the best option if you can afford it. You can either rent it out or sell it for a profit. Either way, owning a property is a smart move in today’s world. Listed below are some of the key reasons why investing in real estate in India is a wise choice.
NRI investments in real estate in India is an attractive avenue for foreign investors, since the Indian economy has an impressive $2 trillion economy and is backed by a strong banking sector. The Indian Stock Exchange is the largest in the world and offers efficient and low-cost investing, as well as higher returns. The country has the right environment for investing in real estate and has a history of successful returns. But if you are looking for an easy way to invest your money, an NRI investment in Indian real estate could be the best option for you.
Real estate investment trusts offer investors low price points, so they are a great way to invest in real estate. But, be careful – investing in real estate requires a significant amount of money. The initial capital for investing in a real estate investment trust is typically between Rs. 10 lakh and Rs. 5 billion. However, the initial capital will depend on local factors. Nevertheless, you should have a minimum of Rs. 10 lakhs in your bank account to ensure a good start.