When buying a home, the homebuyer should be able to pay at least 20 per cent of the property value as the down payment. Thus, making saving for the down payment a goal-based, long-term project.
The year 2022 has been a positive year as the sector posted a strong recovery across segments – housing, office leasing, and retail. Given the confidence built in 2022, one can expect an uptick in sales in the coming year and the growth of luxury homes will be positive in terms of quantity and quality.
Real estate investing is a common feature of the Indian economy. Indians typically purchase property with the intent of investing or renting it out. Initially, developers and brokers believed that this trend was solely due to working from home (WFH), but it is still a force to be reckoned with.
A report by real estate firm Anarock found that 71 per cent of NRIs consider investment in the Indian housing market as the best bet, markedly higher than 55 per cent in a pre-Covid edition of the survey.
There are plenty of reasons why a home insurance policy is an indispensable addition to one’s financial portfolio. The most significant reason is that it acts as armour to protect your home against potential risks and damage caused by unfortunate events.
A good investment has the potential to transform our lives by providing us with sufficient funds to pursue our dreams. A guide to what you need to understand if you are planning to invest in Real Estate.
In India, investing in real estate has historically been seen to have various advantages. And for good reasons. It is feasible to leverage real estate and create wealth via the use of well-chosen assets that provide consistent cash flow, high yields, tax benefits, and diversity of portfolio.
Historically, airports have been catalysts of real estate activities. Airports are large-scale logistic projects that can seamlessly connect a region with the rest of India and the world, thereby bringing the spotlight on the region.
Starting small with your first house can be a great beginning in homeownership as it is a reliable form of security when the chips are down.
Opting for a joint home loan can give you additional benefits. Let’s further explore the advantages and pitfalls of applying for a joint home loan.