Investment is powerful a wise investment may alter your life. It has the power to alter not just your life but also the lives of your children. There are majorly 5 benefits of investing in real estate in India.
The days of relying on traditional savings and a single source of income to achieve financial independence are long gone. But a wrong investment may very well take all your savings away.
You may invest in good commercial spaces or premium luxury apartments. There are so many benefits of investing in Real Estate in India. This blog contains six major benefits of real estate investment:
Asset Value Appreciation
There is a limited amount of land. This is the reason why real estate value appreciates over time. Land is even more scarce in urban areas so the value of land appreciates more there. There is more control of risk in real estate investments unlike investing in the stock market.
Considering investing in properties in highly profitable areas like flats in Bangalore or villas in Mumbai. The value in these areas will appreciate more.
Regular Income via Rent
You may create a steady stream of cash flow by making real estate investments. A reliable passive income stream comes with monthly rental revenue.
The investor receives excellent financial security from it. Rent revenue from your properties might make sure that your retirement years are stress-free if you are preparing to retire.
Generally, commercial spaces have more rental yield than residential spaces. But premium residential spaces still earn more rent.
You can consider investing in luxury apartments in Bangalore. TRU Dwellings is one of the best companies in Bangalore to build spacious luxury apartments.
High Return on Investments
You already understand the concept of value appreciation. This means that the resale value of those properties will be higher, especially in urban areas.
One of the best aspects of real estate investment is that the profit margin or return percentage is higher than the inflation rate.
RERA is the institution that keeps all the real estate procedures in India in check. They make sure that no unethical deal or malpractice happens.
You should go for RERA-approved real estate. TRU Dwellings has constructed the best flats in Bangalore that are RERA-approved.
Read more about- Which are the best ready-to-move-in projects in Bangalore?
Tax Saving
This is one of the best benefits. You can reduce your tax liability when you invest in real estate. You can save up to INR 1.5 lakh on the principal amount of a house loan under section 80C. Similarly to this, section 24 allows you to reduce the amount of interest up to 2 lakhs.
This will lower your taxable income while also making real estate investing cheaper. There are good tax-saving incentives in cities in Bangalore, Mumbai, and Delhi. You can find great apartments in Bangalore by TRU Dwellings.
Click here to read more about how to Invest in Real- estate
Lower Risk
Compared to other investment options, real estate has lower risk. Over the past few decades, the real estate market has consistently increased.
Sales have grown because of the Real Estate Regulatory Authority’s (RERA) establishment. It has decreased home loan interest rates and decreased stamp duty in some states.
But you must invest in a ready home if you want to avoid further risk. TRU Dwellings has constructed its new project TRU Windchimes. It provides apartments in Bangalore at a premium location and luxurious amenities.
CONCLUSION
This blog told you about the 5 benefits of investing in real estate in India. In the end, it all depends on how much research you have done before doing any investment. Make sure that the property that you buy is well-checked, ethical, and transparent. TRU Dwellings is one of the few companies that fulfill those criteria. Try to invest in more luxury apartments in cities like Bangalore.