Real estate investment tips: Understanding how time and location affect growth!
Now is the perfect time to get in on the action when it comes to investing in real estate in India. Colliers Advisory Services has come up with a great analysis of the top investment corridors in the country, and it’s saying that India is a great place to invest in real estate. It’s all thanks to the combination of housing affordability, savings from the pandemic, good health and wellness, and good investment policies. Plus, the real estate sector is growing and infrastructure investments are picking up.
Investors are drawn to land for a bunch of reasons, like the potential to build wealth and diversify their investments. They might just stay on the land for a while, build a house to rent, have a place to stay, and make some money from it. Infrastructure improvements will also help the real estate market in big cities. Even though infrastructure and public facilities can help the city grow and have a bad effect on the real estate market, the real estate industry as a whole is still dependent on a lot of different factors. Infrastructure projects create the right conditions for real estate investment and development.
Maharashtra is India’s financial, economic, and industrial hub. It’s also a commercial hub, with a thriving media and entertainment industry. Mumbai is a real estate hotspot, with prices high, not enough land available, and a growing population. Some of the best places to invest in Mumbai are Vashi Virar and Neral Matheran, which offer big land parcels, good infrastructure, and good developers. Plus, you can get a great rental yield on vacation houses with an average of 15%, and you can expect to get 5X the return on land in the next decade.
Investors are flocking to the tourist and industrial hub of Gujarat, which includes areas like Sanand nal Sarovar, ECR, Medchal, Hyderabad, New Town, and Rajarhat. These areas are becoming destination investments, with an average rental return of 2.5-4.0% and a price increase of 6-8% each year. Land availability is high, tourism is growing, and infrastructure is being built. In a few areas, the land investment market is still in its early stages, but the areas closest to tourist places and big cities have seen a lot of growth due to the pandemic and the rise in real estate investments. So, it’s no surprise that second homes or weekend homes are expected to grow exponentially in India.
If you’re looking for an investment, you’ll want to look for places with better infrastructure, affordable prices, higher rental income, potential for capital gains, tourist attractions, and being close to the city center. These factors have made Indian tourist spots more attractive to investors, and with the rise of remote work and flexible hours, it’s no surprise that these areas are attractive for real estate investors looking for higher returns. But before you invest in any area, it’s important to do your research and think carefully about the risks and rewards.
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.
