Not just in India but all across the world, investment in real estate is rated one of the safest investments. The second-largest employer in India, the real estate industry is slated to grow at 30% in the years to come. There were some setbacks due to the worldwide pandemic and following lockdowns, but the sector is steadily on an upswing.
Real estate investment does not require skills, and with a little attention to detail, even a novice can do this. This industry is stable and does not fluctuate based on the markets as compared to other traditional investments like stocks. Trading in stocks is a specialized field, requiring high levels of skill, and is risky compared to investment in property.
Investing in property gives you a tangible investment that is assured of an appreciation in value and return on investment. In addition to investing, you also now have a place to call home and a stable roof over your head. The demand for housing solutions is increasing progressively, and as a result, the industry is yielding good returns for investors.
Investing in real estate and renting out your property is also a steady source of passive income that will increase. The rental income that can be derived from property is one of the greatest advantages of investing in real estate. There is no risk of losing money on investments in this sector as the industry is not subject to markets.
Foreign investments in real estate in India are on the rise, and investment in the industry is assured of profits. The country is tipped to be the third largest economy by 2030, and the real estate market will experience expansion. There is always increasing demand for real estate, and property always appreciates rapidly, making real estate investment safe and profitable.
Prestige Group launch a new apartment is Prestige Meridian Park.