9 Reasons You Should Invest In Real Estate!
9 Reasons You Should Invest In Real Estate!
Among various options to invest your hard earned money, real estate is one of the most lucrative and sensible modes of investment. Let’s look at the following reasons for the same:
- Stable Investment: There is less market fluctuation in real estate sector and you can use the property to live in or sell off anytime for financial needs.
- Higher returns: Real estate appreciates in value over a period of tie and this can offer you healthy returns compared to other means of investments.
- Inheritance: This can be the best gift to pass on to your future generations giving them safety and security long with great financial stability.
- Total Control: Investing in shares/equity would mean you don’t control them completely and others would decide their value and market position. But real estate is absolutely under control and you can decide what to do with it, sell it, rent it, renovate it or just leave it the way it is.
- Income: Giving out property on rent can ensure consistent income throughout your life.
- Leverage: Use real estate to take loans against it and financial institutions will happily give you as much as 95% of the property’s value as loan.
- Wealth Creation: Real estate’s value goes double or sometimes even triple in a span of 2-3 decades and this means you become richer by just buying the right property.
- Tax Benefits: There are multiple tax benefits offered to home buyers by the government that ultimately help in increasing your income.
- Easier to Buy: With low-interest rates and a simple process to buy a property, making real estate investment is extremely easy, even if one’s not an expert
In the current economic and market circumstances, this is the best time to invest in the real estate sector to maximise your benefits!