A smart investment can be life changing. It has the potential not just to change your life , but even the lives of your offspring. Today, People invest different sectors like Stocks, Mutual Funds, Gold and many more. But Real estate investment plays a major role in Investment sector in India.
So that that the demand of real estate is always on the higher side specially in India. As we know, buying a new home is always a dream of every Indian. And after buying a dream home it gives you a emotional satisfaction.
As we know there are so many benefits of investing in real we will discuss some of them below
Benefits of Investing In Real Estate
- Appreciation of Value:-
Real estate investment in developing or developed area gives you more and more appreciation of your money invested. There is a quote related to it that the longer you stay invested in real estate, the more money you make.
If you buy a property today, your coming generation can also use it years later, so it will be the generational wealth. And if you sale that property after some years you will get appreciation in the value I.e. the price for which you buy that property.
- Rental Income :-
By investing in real estate, you can generate a consistent cash flow by renting out your property. Monthly rent is good income source, financial security and return on investment.
Rent is a good source of income for investors and even for retired people. On the other hand property cost is also getting appreciation. So investing in real estate and renting out is also a good source of regular income.
- Safe and Secure Investment Option:-
As we compare real estate investment with other types of investment like share market it is one of the most safest option of investment. Share market and some other investment options are depend on different market condition which can cause loss. But on the other side real estate is growing day by day from last few decades.
There is very high fluctuation in rate of shares and its frequently changing on the other hand prices of real estate is steady and have less fluctuation. So the real estate investment is know as on of the safest and secured investment option.
- Tax Benefits :-
When you invest in real estate, you can also save your taxes. As per different section by government law if you are having home loan you will save in income tax .
As you take home loan you can save up to 1.5 L on the principal amount of loan.so you can make investing in real estate more affordable and also reduce a significant amount of taxable income.
Things to consider while investing in Real Estate
- Know the purpose of your investment
- Check the location of estate where you are investing
- Check the property pages that is documentation
- Thoroughly research about the property
- Valuation of property
- Your budget and cost of property
- Check RERA for registration of the project
As we read all the advantages or benefits of investing in real estate and the things to consider before investing in real estate we come to know that investing in real estate can be the best decision of you life. There are advantages and disadvantages of each investment option but you study properly before your every investment, there are less chance of loss.
Moreover, Investing in real estate is an investment that empowers you to lead a luxurious life, secure your future by giving rental income and at the end real estate will remain the same for your next generations .