#realestateagentinthane propertyconsultantinthane houseseekers home

[houseseekers]

Tricks & Techniques: It is Necessary to Buy Your Residential Property Now

Tricks & Techniques: It is Necessary to Buy Your Residential Property Now

Now a day’s though investment in residential real estate is not in large numbers but upcoming future looks promising. The housing sector expected real estate vertical will move forward between mid 2022 to 2025-26. It is always assume that to buy your residential property from well known real estate agent or developer and in the current situation considering all ups and down one should have to search for the best property option to protect their investment.

Here are main facts that why it is necessary to invest in residential real estate during the new normal phase.

Priority on Security:

Though there are uncertainties all around, buyers now thinking a sense of security. Many people were investing as investment point of view in such properties which considered best investment in current scenario.  People are also giving priorities for work from home concept which gaining more response and Individual safety.

 Asset Performance:  

In these critical times when situations are unpredictable, Investments in residential real estate is considering all time favorite and safest investments which not only give stability but appreciation in long run. People are not taking the risk while investing money in volatile investment options.

 Availability of Attractive Offers:

By offering exciting payment schemes and flexible payment options to make home buyers to invest in their dream homes comfortable and hassle free. A combo pack of exciting offers with lower interest rates would make investment in residential real estate beneficial & profitable.

Low Home Loan Rates: 

Most of the properties prices have remains stagnant in last 7-8 years pan India. Making affordable to reach home buyers. As current market conditions are boosting home buyers to invest in residential properties due to low interest rate which comes at all time low as compare to before. A decrease in home loan interest rates ranging from 7.5% to 8.5% post COVID is also favorable move towards end-users to buy their dream home. Moreover, Reserve Bank of India also comes up with reduction in REPO rate which makes home loans less expensive.

 Growth in Value: 

It is well known fact that investment in residential real estate always gives good returns as opposite of the invested amount. There are such other cases where hardly home buyers get loss on investment. People are also attracted towards affordable home segments concept introduced by builders and developers.

 Enforcement of RERA Act:

After enforcement of Real Estate Regulatory Authority act many developers and builders closing their project on time and delivering to end user on time. Such type of acts now helpful to end user when they are investing their hard earn saving into residential properties.

Conclusion:

Now governments are playing important role, both Central and State government are working hand-in-hand together to give relaxation where they are providing concessions to home buyers under the policy of “Housing For All” such as PMAY Subsidy. State government has reduced Stamp duty from 6% to 3% during Pandemic. So before real estate sector cross the line on higher side it’s advisable to invest with some down payment for owning your all time dream home and enjoys the benefits.