Wednesday, 16 March 2016

Real Estate: the smart way to invest


While we have stocks, shares, mutual funds and lot more options to invest, why would you consider investing in the property or real estate market to be the smart way?
On the off chance when you skim through the history, you will see that numerous elite families have made-up fortunes through extensive investments in property and real estate market. Area is a restricted asset, and the demand for it will always keep increasing with the growing population. Studies show that the the average of total assets of property-investors/ owners is extensively more than the average of assets of people living in leased property.
One of the biggest feature that helps property-owner is that each home loan installment goes towards building value to the equity rather than living in a leased home where each rental installment just goes into the owner’s pocket. After numerous years of making home loan installments, you will turn being the owner of the house. Whereas while paying of the rent despite, you don’t possess even one square feet of the property and need to empty the premises when the lease terminates or when your landlord asks. Hence the simple advise for you is to think that why would you spend a critical lump of your salary on helping another person pay off his home loan when the same can be utilized to pay off your home loan and have your own equity build up?
Yet another advantage comes here, the more value you construct the more the value of your average assets increase. An extraordinary advantage of ownership is that of property appreciation. The cherry on the cake is ever increasing inflation that for property increases double the rate. So, while you own the house you are spared from the rent prices shooting up also the value of your property goes up.
Smart property buyers/ investors choose to pick premium houses and apartments built by the reliable and reputed builders or real estate agents.
So if you are planning your purchase, western suburbs make a good option to invest in the property as there are several development projects going on with reputed builder such as, Tripolis by Ekta Tripolis in Goregaon, Aroham by Kanakia in Borivali as well as Orina nad Paramount by Rutomjee in Bandra.

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