Why You Should Invest In Real Estate First?
The advocates of the other asset class may not be in agreement with this statement, but it's true. The world is limited in the land it has to offer consumers and investors alike, entrepreneurs lots of opportunities in real estate because it's low risk low volatility, an extremely secure and long-term investment, which is more than other investments.
In our nation of INDIA the home is a bond to
emotions, security and memories and family because we consider our homes as
reflections of our own.
Every other asset has benefits and disadvantages, like bullion, which is a valuable commodity that can be stolen. stocks market, shares could be a source of wealth or destitution therefore high volatility. If you decide to invest in fixed deposit of a bank, it may yield a low amount of returns. However, if you make investments in the real estate market,, it's always going to provide you with a huge returns. Even when the market conditions aren't in the right direction and a the recession is in full swing, but it still gives you profits which means that you're losing money but your profits, not in the primary amount. If you study the history of civilization real estate and land investment in any category, such as commercial, residential Properties in ahmedabad, plot space, 3& 4bhk flats in Ahmedabad, etc. has shown an increasing trends in all of them.
You can save a lot of tax
One of the main benefits of investing in real estate is that you can save a
significant amount of tax. In accordance with Income Tax Act 24 you can
avail deductions or benefits of up to 2 lakhs on the interest paid on a
self-occupied residence each year for the end of your loan for your home.
Image:- Ready to move in Flats in Ahmedabad - Sheetal Infra |
Your Home Earns money while
you're asleep- - APPRECIATION
The steady rental income and saving money on taxes is great but it is not the
only reason to consider investing in real estate. The main reason investors
invest is the long-term appreciation the value of your property will increase
throughout the time. If you placed your home on rent, it will take care of
your EMI. If you decide to sell it after a the period of say, 5 to 7
years, you will get a substantial appreciation.
It's Negotiable- AFFORDABILITY
If you purchase stocks, shares you purchase at the market price If you purchase
GOLD, you purchase it at the market price. It is not possible to negotiate
the price of your investment, but investing on real estate totally
different. There is a possibility to and should be a need to discuss
pricing that allows buyers to enjoy the benefits of price within their
budget. As a regular investor
or buyer, you have the ability to use your network, skills and market knowledge
to get the best prices.
You are the -BOSS
You are in control and working what you want to do when it comes to real
estate. You don't rely on someone else to direct you, and you don't give
control to anyone as there is no need to hand control to another. When it
comes to real estate investment, the outcome in your investments is dependent
on you.
Comments
Post a Comment