Real estate and Gold have always been two all-time great investments which we all love to invest in for great returns. In this current market, there are few things that appreciate in value over time and one of them is Real Estate. In the past twenty years or so, the real estate market in India has soared at unbelievable rates. This led to a saturation in the market for a few years, where the property prices took a dip and returns went low.
However, now with the introduction of RERA Act & GST, the market is more stable and safe than ever. The prices of these flats are in a way at an all-time low, while the returns over the coming years are huge.
Read on to know more about all the reasons why buying luxury flats is a great idea now more than ever.
The properties are available at more affordable rates, today
Today the market has better places to offer at lesser prices than ever before. The real estate industry has not yet spiked the rates in developing areas like Noida Expressway yet. This is high time to make the right investment in the right area. Which is why premier properties like Gulshan Botnia are available at great, economical prices today. Moreover, if you buy luxury flats today, the returns on them are going to be manifold tomorrow, which makes the invest an absolute must.
The real estate market is more stable today with better returns
Due to several initiatives taken by the Government, the real estate industry throughout the country is becoming more stable. Yes, the returns are not as humongous as they were some five years back but they are definitely more stable now than before. For example, the prices of your premier property bought today will exponentially increase over the next 5-7 years if you invest wisely in an upcoming metropolitan. Think of your luxury flat as a long time investment and the right time to make it is now.
Property investments are safer now due to RERA
After the passing of RERA Act in 2016, different state governments have set up their regulatory authorities which make sure the system remains standardized and transparent throughout the country. Apart from other things, it also makes builders more liable for their projects, thus making the market safer and secure for potential buyers. Now, you do not have to worry as much about scams and can leave behind any apprehensions before investing in real estate.
Infrastructure development in the country will lead to great returns
The Indian economy is going through a stable growth phase right now. Infrastructure is being developed everywhere, new industries are being set up and business centers are being expanded. A case in example is Noida. The airport proposed in the city is going to put it on the world map as an economic center. That along with the increased connectivity to Delhi through the extension of Metro Lines is sure to spike the rates of property in Noida, which means investment in that area is going to yield great results.
Today, luxury flats or mid-priced properties in new localities are becoming great investment spots, which is why you should definitely put your money where its worth is and consider buying luxury flats NOW.