The year 2017 should be for residential real estate investment as the Government is ensuring low interest rates and a slew of incentives via schemes such as the Prime Minister’s Awas Yojana. So, interest in and appetite for real estate investment is back in force – but where should one invest? After all, successful real estate investment is proverbially driven by “location, location, location”.
When you are trying to identify the right location to invest in, you are obviously ready to put up a lot of saved or leveraged capital. This is no time to rely on sponsored advice and blanket generalizations. What must come into play here is some basic knowledge of what makes the real estate market tick, and more specifically what drives demand in any location. The viability of a location is what will result in the hoped-for returns on investment.
So, how does real estate location viability actually work?
From a residential property investment perspective, every city - especially if it is a tier-1 city - has its hot investment corridors, and other micro-markets which are simply not working currently. Some of the important real estate drivers to look for are employment generation, infrastructure creation and historic price growth.
Bu hikaye Bureaucracy Today dergisinin February 01 2017 sayısından alınmıştır.
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Bu hikaye Bureaucracy Today dergisinin February 01 2017 sayısından alınmıştır.
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