We found 0 results.
View results
The Coronavirus pandemic has changed the real estate landscape significantly over the last few months with every stream of business caught in its crosshairs. Real estate, too, seems to have undergone a shift with new trends emerging in its wake.
Here are the best bets you can keep in mind when investing in real estate in 2020:
- Get Cut-price deals on property
Real estate prices are likely to fall by 20% or more dues to weakened demand created from job losses and salary cuts made during the pandemic. This is, thus, the best time to invest in property when the prices are at all-time low.
- Property in peripheral areas to boom in near future
As the city continues to expand, infrastructure continues to reach areas that were previously unheard of. In order to reap in the benefit in the long term, it’s always beneficial to buy real estate in regions just outside the metropolitan region where the city could expand to years into the future.
- Bank on residential establishments for better returns in mid to long term
Real estate has always been a great avenue to generate good returns. For the risk averse people who wouldn’t want to step into the world of stocks, real estate investment is still a lucrative and safe option to make money in the long run.
- Take advantage of low interest rates
Home loan interest rates are at a significant low with some of the nationalized banks offering loans as low as 7% p.a. to boost investor sentiment and to help the sluggish real estate sector. This combined with the falling real estate prices could help prospective homebuyers to sit up and take notice in case a good offer comes along.
- Invest in holistic living spaces
The pandemic has pushed people to rethink their lifestyles with more and more people now more interested in living a comfortable and serene life as opposed to living out in crammed up micro flats in the middle of the city. Investing in such places can bring good returns in terms of rental or tourist income once the dust settles.
At HM Constructions, we offer a 10-month EMI holiday facility once you make an initial investment of Rs.10,000. Also, you could save up to Rs. 8 to 10 lakhs when you buy a HM home. To know more about the deal, get in touch with us to talk to a property counselor or for a model home visit on 8880225555!