The Outspread of the lethal Coronavirus has affected the economy adversely. The entire nation has gone through a roller coaster ride due to the COVID-19 crisis. In between the entire chaos, one sector that has witnessed positive impact is No one else but real estate.
Amid COVID situations, there are considerable factors of the Real Estate Industry that makes it an ideal choice for Investment. Investment is a decision that must be taken with precision so here we are drafting points that can help you understand why Real Estate Investment during COVID Times is the Perfect Choice for You.
A Stable Investment Option
Investment is a vital choice that helps you coin up the big returns from hard-earned money you invests. There are a few considerable Investment options such as Stock Market, FD, Gold but Real Estate turns out to be the finest among all of them. Due to the ongoing COVID Situations, every other investment has become highly volatile but real estate is the Only One to be safer one. Not everyone in the business is a risk taker so the stability of asset turns out to be prime benefit assuredly.
Affordable Option
Residential Property Investment is ideal thanks to the Lower Interest Rate on Home Loans. Observing the Surveys taken by Industry Experts and Realtors it can be concluded that 50% of COVID 19 Investors in the Metropolitan Cities are keen to bounce back in the industry in the upcoming 3 to 6 months. Ready to Move Property options are being offered to the Buyers adding to their convenience with Higher Bank Loan availability.
Additionally, the Reserve Bank of India (RBI) has done Rate Reduction on the Repo Rate with a reduction of 7% levels assisting Home Buyers. Budding Home Buyers should not let go off this Lucrative Offer on Asset Possession. A Lower Interest Rate means Lower Rate of EMIs and Higher Savings adding to Safety of Future.
Consistent Government Support
In the contrast to the previous Real Estate scenarios, Government is being generous by presenting active Fiscal Support. Demand for the Residential Properties is witnessed to be higher especially among the Local. In contrast to 2008 when Interest Rate was on peak, today’s Rate Regime is Lower making Real Estate Investment a Stronger Choice. The Positive Impact of the Current Scenario is majorly evident among Realtors based in Metropolitan Cities where even midst COVID-19 Pandemic Recovery Rate is Higher.
Lucrative Deals
Downfall in all sectors is a sad reality and the forthcoming of Uncertain Times may defer demand for middle class but easy payment plans things are expected to be balanced. Types of Deals Realtors are provided with nowadays is unlikely to be given without any festive occasions. High Prestige Developers may not present direct Lower Rate on Property Possession but complementary deals like off on car parking or waiver of charges is expected to be offered. The present interest rate is undoubtedly taking Real Estate northwards as a whole sector.
Multiple Investment Options
Real estate provides Investors the benefit of choosing Investment option as per their convenience. With a wide variety of Real Estate Property options, Investors are Free to Invest and access the world of benefits. From buying Residential Properties to Investment in Hotels, Retail Malls, Offices, Warehouses, & Leveraged Assets are great options to go along with.
Drop of Interest Rate is the best deal for Real Estate Investors amid such trying times. As mentioned earlier realtors can get possession of properties at lucrative deals & complimentary offers on Both Residential & Commercial Properties. Equity Appreciation on Residential Property & Rental Income & Investment Returns on Commercial Investment is a true reward for the Investors.
Buyers’ Market
Looking back at Previous Times of Real Estate where the Global Economy went under unfavorable situations such as the Oil Crisis, Dotcom Crash or Global Financial Crisis in 2008, the current scenario of Real Estate in Pandemic is far better. Nowadays, Financial Institutions are in a better position and offering Lower Interest Rates to grant loans which is favorable to the Buyers.
Developers have managed to outspread themselves across multiple sectors such as vacation Homes, Senior Residences, etc followed by Multiple Relevant Projects. When we take a look at such an outspread industry, the Real estate market is extremely favorable towards Property Buyers.
In conclusion, we can say that Real Estate is certainly the best decision to choose amid the COVID-19 Pandemic as an Investment Option. Reviewing the wide variety of options to Invest, Lucrative Deals, Lower Rates offered by Financial Investors, all add to the supremacy of the Real Estate Industry. Nevertheless, some may not find Real estate convenient due to Lower Capital Appreciation during trying times. It is important to understand Rental Income has not always turned out to be a steady Option for Investment. Henceforth, Investment Options must be thought over and should be done with precision on the finest location with Industry Experts.
