With the real
estate market showing steady growth across Indian cities, the property sector
has noticed several first time investors particularly in the residential
market. If you are an investor and looking for net worth of the property then
you have to follow certain factors. Here are few things to remember before
looking into a project.
Owning a house close to Infrastructure Growth:
The most attractive area for investment seems to be the destination near to the construction of mono rail network, metro train network or upcoming SEZ corridor. But it comes with certain risk that is, chances for planned routes to get cancelled. In case, if your property is needed for development, the governments will take-over the asset and gives small sum of money as compensation. But investing in the property after plan gets approved and the construction work gets started is considered as a better option. Another notable thing is buying an asset after the completion of these projects is not an ideal opinion as the price may hit higher. So own a property once the project gets approved in order to fetch good returns by running out of risk. Investing in the property closer to infrastructural development is a more practical option so waiting is essential for long term to fetch better value returns.
Investing in outskirts:
Currently, south city has developed strongly so many investors have started looking for properties in northern region since the cost of assets are cheaper. When asked, the experts too agree with it and say northern regions are now the focus area of the future.Recently, the central government has announced several industrial hubs in this place but it takes few years for these projects to come into effect. Investors have to remember this point and wait for a decade, Investing in properties in the outskirts is not just a long term plan but also a future plan. It is because the outskirts may develop greatly like the city in terms of residential and commercial development. A reliable builder who considers all these features and chooses the location accordingly is the best one as per the experts.
Investing inareas where IT development is good:
The hope of growth for the investors who own an asset in IT core area is good because of the establishment of IT/ITes companies. High rental returns compared to other areas is also assured here. A complete new approach is needed when people invest in newly developed or partially established location. Whenever more job opportunities are offered, rental rates also increase and more and more demand for rental homes also exist. When decided to buy a property, one have to balance everything including the closeness of the access roads, amenities offered in the project, social infrastructure developments, good rental value and lots more. If these things are balanced out properly then capital appreciation will also be good.
Owning a house close to Infrastructure Growth:
The most attractive area for investment seems to be the destination near to the construction of mono rail network, metro train network or upcoming SEZ corridor. But it comes with certain risk that is, chances for planned routes to get cancelled. In case, if your property is needed for development, the governments will take-over the asset and gives small sum of money as compensation. But investing in the property after plan gets approved and the construction work gets started is considered as a better option. Another notable thing is buying an asset after the completion of these projects is not an ideal opinion as the price may hit higher. So own a property once the project gets approved in order to fetch good returns by running out of risk. Investing in the property closer to infrastructural development is a more practical option so waiting is essential for long term to fetch better value returns.
Investing in outskirts:
Currently, south city has developed strongly so many investors have started looking for properties in northern region since the cost of assets are cheaper. When asked, the experts too agree with it and say northern regions are now the focus area of the future.Recently, the central government has announced several industrial hubs in this place but it takes few years for these projects to come into effect. Investors have to remember this point and wait for a decade, Investing in properties in the outskirts is not just a long term plan but also a future plan. It is because the outskirts may develop greatly like the city in terms of residential and commercial development. A reliable builder who considers all these features and chooses the location accordingly is the best one as per the experts.
Investing inareas where IT development is good:
The hope of growth for the investors who own an asset in IT core area is good because of the establishment of IT/ITes companies. High rental returns compared to other areas is also assured here. A complete new approach is needed when people invest in newly developed or partially established location. Whenever more job opportunities are offered, rental rates also increase and more and more demand for rental homes also exist. When decided to buy a property, one have to balance everything including the closeness of the access roads, amenities offered in the project, social infrastructure developments, good rental value and lots more. If these things are balanced out properly then capital appreciation will also be good.
