Invest in the Right Residential Property

A perfect home is one’s dream come true. With the ever-increasing property prices in India, investing in real estate to many is much like investing in gold – you can hardly ever go wrong with it. However, there are a few key factors that you should consider when planning to invest in real estate:

aa)      Location is one of the key determining factors of whether a particular property is a good investment. Always try to invest in property which is an upcoming location, because when acquiring the property you will not only get it at cheaper rates than in developed areas but it is also very likely that in a few years time, the property will be worth twice its present value.

bb)    Floor Location has a great impact on property prices. Flats on the ground floor sell for a much higher value than those on the floors above. This is simply because the availability and the accessibility of amenities are much easier from the ground floor, which in turns creates a higher demand.

cc)      Family Considerations: When investing in property, always think long term. If you already have a family or are planning one, consider if the locality, society, facilities provided by the complex would be in tandem with the needs of your future family.