Investment in Real Estate: Financial Security During Unpredictable Times

During unpredictable and turbulent times, home is the one place that extends support and safety. With job losses in huge numbers and economic turmoil, paying home rents suddenly becomes a financial burden for tenants. However, home loan borrowers have a choice to take advantage of the EMI moratorium, making it beneficial over rental payouts every month. Not only during difficult times but real estate is considered as a stable asset class and a preferred investment option especially in a volatile market scenario. Therefore, there is a sudden rise in demand for plots in Ujjain and across cities in India. 

Residential plots in Ujjain

Like other investment options, what drive real growth is a strong fundamental, and real estate is no different. Niti Aayog's report says that there is a shortage of nearly 25 million houses, which shows the vast underlying demand in the real estate sector. Further, growing urbanization, rising incomes, and large middle-class households – all contribute significantly to drive demand in the sector.

Niti Aayog prognosticates the Indian real estate sector will reach $650 billion by 2040 from the current levels of $120 billion. Being a long-term investment option, any cyclical downturn does not impact the investment compared to other investments.

Reduced Property Prices: A Golden Opportunity

The one investment philosophy every advisor swears to buy is “buy low, sell high”. With realty prices falling, real estate today offers a smart investment option. Being a buyer’s market, not only are the prices low but there are enormous discounts on offer as builders look to sell unsold inventory.

Due Care Should Be Taken

Just like every investment asset class, real estate has its pros and cons. The biggest factor in real estate investments is the need for proper due diligence, as not all properties in all locations may offer similar returns.

plots for sale in Ujjain

Apart from location and the city, opting for ready-to-move-in properties is by and large a safer bet than under-construction properties or land acquisition. Price drops have made Plots for sale in Ujjain more affordable. Also, do not let the discount be the sole criteria-reputation and track record of builders should remain one of the fundamental criteria when investing in real estate.

Real estate can be a great tangible investment option, especially in the long term. The current price dip, low interest rates, and stamp duty cut all make it a viable option albeit with some strong fundamental research required before purchasing. Now is the right time to make the right move and buy residential plots in Ujjain.