Amidst the pandemic and the era of uncertainties, the most fluctuated leg of the Indian economy has been the Real Estate. It has seen the ups and down yet has survived the blows of the market. Real estate is one of the most booming sectors of the Indian economy and has contributed to the nation’s GDP for a very long time. Despite seeing the dormant stages amidst the pandemic, it has escalated and has seen the signs of quick recovery. This is one of the reasons why real estate is considered the safest investment option.
In fact, the real estate sector remained strong despite the stock markets crashing low during the pandemic. Moreover, the pandemic has made many people realize the importance of owning property and that real estate is the best and the safest option for investing.
Despite being the oldest investment option, it is the best investment for life. You may invest in an apartment, a fully-furnished home, or a plot, and the property will always appreciate and offer high ROI.
Let’s talk about why investment in Real Estate is the best option in 2022.
Reasons Why Real Estate is the Best Investment Option
1. The Best way to save for Future
With real estate investment, your money is in the house. Even after retirement, if you think of leasing out property for rent, you will still have a decent income. Moreover, the gains from the property will always be your profit.
It gives you the earnings you can have by doing a side business or maybe more. That means you can invest 10% of the asset’s value and own it simultaneously. Over the years, the rate of return will increase, plus you will have a stable income in any situation.
2. Force Application
Unlike stocks and bonds, you will never have to work on or force the real estate to appreciate. On average, real estate will always appreciate 3-5% a year without any forced application.
However, maintenance is the key. If you keep a check on your property and try to renovate it, the property rates can increase significantly.
3. Tax Benefits
The tax benefits of real estate investment are excellent. You will always be under a safe umbrella if you own a property. Investing in real estate can deduct several expenses associated with owning the property, taxes, interest, maintenance, property insurance and repairs.
Also, if you sell your property for more than what you paid, the gain you attain will not be taxed as income. Instead, it will be taxed as Capital Gains. All this will help increase the profit without bringing you under the tax slabs.
4. Long-term security:
By adding real estate to your investment plan, you will have a long-term benefit in terms of cash flow. Moreover, if you rent out your real estate or property, you may easily earn a decent monthly income while you wait for your property rates to rise.
5. Protection from inflation
Real estate property protects from inflation because no matter what, real estate can be your passive income in any situation. Also, if the goods and services are rising, the real estate’s value increases.
6. Control over property:
When owning your property makes you your boss, which is like living many investors’ goals worldwide. You can make a difference in your community by giving real estate for renters or bringing business to commercial properties that will provide services that intend to help the community.
For instance, if you buy a property in Jaipur, you may easily rent it out as an office space.
7. Chance to build up Capital:
One of the most significant advantages of investing in real estate is to improve your cash flow and build capital. For instance, if you sell your property more than its original value, you will boost your capital instantly. The only key is investing in the right real estate that will rise in value.
You may invest in an apartment project like Shubhashish Geeta, which is coming up at an excellent location and has amazing facilities. The 2,3 and 4 BHK apartment is located at the Medical Hub, Mansarovar and is expected to have excellent ROI and will appreciate over time.
Ready to invest in Real Estate?
Now that you know about the reasons to invest in Real Estate, we are sure you are already considering Real Estate investment. Weighing all these reasons, we can surely say that there is no better investment than real estate in terms of long-run investment.
So, what are you waiting for? Invest in Real estate right away.