From Bricks to Bullion: Real Estate Emerges as Top Pick!
A recent survey has found that real estate is the most preferred investment choice among Indians, with gold being the least favoured. The survey, conducted by Anarock, found that over 60% of respondents preferred to invest in real estate, while only 5% preferred gold.
The survey also found that there has been a significant shift in investment preferences in recent years. In 2022, real estate was the most preferred investment choice for 55% of respondents, while gold was the most preferred choice for 13% of respondents.
The shift in investment preferences can be attributed to a number of factors, including:
- The strong performance of the real estate market in recent years.
- The perceived safety and security of real estate investments.
- The attractive rental yields on real estate.
- The declining popularity of gold as an investment asset.
The survey also found that there is a strong preference for mid-range and premium homes among Indian homebuyers. Over 59% of respondents said that they prefer to buy mid-range or premium homes, while only 41% said that they prefer to buy affordable homes.
The survey findings suggest that the Indian real estate market is likely to remain strong in the coming years. Real estate is a preferred investment choice for Indians due to its strong performance, perceived safety and security, and attractive rental yields. The strong preference for mid-range and premium homes among Indian homebuyers is also a positive sign for the real estate market.
Here are some of the benefits of investing in real estate:
- Potential for capital appreciation: Real estate prices have generally appreciated over time, making it a good investment for long-term capital gains.
- Rental income: Real estate can also generate rental income, which can provide a steady stream of cash flow.
- Hedging against inflation: Real estate can be a good hedge against inflation, as property prices tend to rise with the general price level.
- Tangible asset: Real estate is a tangible asset, which means that it can be seen and touched. This can make it more attractive to investors than other types of assets, such as stocks and bonds.
However, there are also some risks associated with investing in real estate:
- Illiquidity: Real estate is an illiquid asset, which means that it can be difficult to sell quickly.
- Volatility: Real estate prices can be volatile, and there is always the risk of a market downturn.
- High upfront costs: There are a number of upfront costs associated with buying real estate, such as the down payment, closing costs, and moving expenses.
- Ongoing maintenance: Real estate requires ongoing maintenance and repairs, which can be costly.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.