“Buy land. They're
not making it anymore.” - Mark Twain
While it is largely true that real estate is a high yielding
investment, in order to maximize returns, you need to know how to invest in property. Returns are largely volatile in the
short term and one needs to make astute decisions to make the most of them.
While current housing prices in India are in a slump due to higher supply, most
property markets are expected to see turnaround and start pricing in a volume
recovery in second half of 2016, said the Bank of America Merrill Lynch report.
This is according to the article published in Economic Times on October 9,
2015. This good news for those who are
looking to invest in property in the near future, as long as they adhere to
some basic property
investment tips.
property investment |
Essential Property
Investment Tips
Upcoming Area: Real Estate is a high yielding, low
risk investment, if you know how to invest in property. The best thing to do is
to invest in an area that is growing instead of an already established area.
The chances of value of properties in such areas appreciating are higher, as
most popular areas reach a price plateau after a few years.
Value-Adding Amenities: If the property has
recreational amenities nearby, its value is bound to increase. For instance, if
it overlooks a park, or if it has a mall or marketplace nearby, it is a good
investment to make. It is also a smart idea to go in for a property that is at
its nascent stages of development with concrete plans of such amenities in the
near future, as the chances of making a larger profit on it is higher.
Easy Access: One of the factors that push the price
of real estate is its accessibility and proximity to public transport. If there
is a metro station at walking distance, you can be sure it will be selling at a
prime rate. If you invest in a property that is on the future route of the
metro line, its value will increment considerably.
Schools and Hospitals: This is an essential factor
that effects the marketability of your property. Most people who are looking to
invest in real estate are those who are looking to settle down. Having
hospitals and schools at close proximity to their home will on top priority. If
your investment offers these facilities it will definitely not lack prospective
buyers.
Business and Job Opportunities: Long commutes have
become the norm in metropolitan cities. Therefore, properties that are closer
to business hubs and corporate companies are sure to be in high demand. This is
one of the most useful property
investment tips to be kept in mind, as it has maximum bearing on value
appreciation.
Nice valuable information... For property investment, you need to spend a lot of money so that you need to think more before you invest your money. If you have a financial advisor or planner, they will guide you and help you to take the right decision on your investment plan.
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