Real estate has historically been acknowledged as a potentially lucrative investment asset class, which is why it continues to draw attention all across the globe. In India, the real estate sector is also the second largest employer and is estimated to grow by 30% in volume and scope over the coming decade. Forbes has pegged the growth of the Indian real estate industry at 7% in 2017, and the housing sector alone has been contributing between five percent and six percent and of the nation’s GDP over the past couple of years. All of this sounds good if you are a real estate investor or planning to become a part of the industry. But making money out of real estate can still be tricky territory. It is worth investing your time into understanding the market and the factors that can help make residential property investment profitable for you.
The most common and popular source of residential real estate investment profit in India comes from appreciation. To put it simply, appreciation is an increase in the value of residential property you own. Residential property for investment appreciates according to its location. In India, cities like Mumbai, Pune and Bangalore have been garnering the most satisfactory returns on residential investment. This has time and again been confirmed by various leading real estate research firms as well as experienced real estate investors.
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