Home loans are available at perhaps the lowest interest rate in decades, giving you significant leverage.
The Indian real estate industry has witnessed a growing interest of foreign developers from Dubai, Japan and Australia - an indication of global confidence in the industry, making it one of the best investment options for you.
The recently introduced Real Estate Investment Trust is trading at a 35% premium to the issue price and is estimated that INR 25 billion worth of REIT issues are to hit the market in the next 3 years.
The government is providing answers for a post-Covid world by quantitative easing and financial reforms to kick-start the economy.
Stable prices means home affordability has improved across all segments.
The importance of having your own home has become even more apparent during this pandemic. And with the prices remaining by and large stable over the past 4 years, the demand for residences has a lot of room for growth.
Thanks to a robust demand, a wider range of opportunities, government policies and an increase in investments, this is perhaps the best time to invest in the Indian real estate sector.
Implementation of the Real Estate Regulatory Authority ensures convenience and transparency, making the entire process easier for the homebuyer.
Real estate has always been a long term and stable investment, but more so now due to the largely stable prices, low inflation and interest rates.
Why invest in Mumbai?
The Centre has invested INR 75,000 crores for massive infrastructure development in Mumbai so far.
The Navi Mumbai International Airport is the second international airport being built at Ulwe Kopar-Panvel for the Mumbai Metropolitan Region.
Connecting Sewri in Mumbai to Nhava Sheva in Navi Mumbai, the Mumbai Trans Harbour Link is sure to cut travel time.
The Coastal Road from Kandivali in Western Mumbai to Nariman Point in South Mumbai will be instrumental in decongesting traffic.