Saturday, February 24th, 2024

When is the best time to buy a home-shop, is it the festive season or any other period? know

Photo:FILE real estate investment

real estate Attracts everyone. The reason for this is that investment in property is always risk-free and gives excellent returns. This is the reason why with the changing times the importance of home and shop has increased further. The youth are taking maximum advantage of this. Young people are buying houses and shops at an early age. Property has also made investors rich. In such a situation, the question arises that when is the best time to buy a house or shop? We answered this important question Rakesh Yadav, CMD of Antriksh India and veteran real estate expert. Wanted to know from. He answered every question every property investor should know. Come, let us know when it is most profitable to invest in property.

Is a good understanding of the real estate market necessary?

Rakesh Yadav explains that before investing in real estate, it is important to know that it is a long-term investment. India’s good government policies, rapid urbanization, increasing income and dreams of the common man have given real estate an opportunity to expand rapidly. Due to this, the real estate market has expanded rapidly. However, the best time to invest in real estate depends on many different factors. Therefore, before investing, it is important for investors to have a good understanding of the real estate market. Residential, commercial and industrial real estate markets in India are quite different. These three markets are completely different. Therefore, before investing any investor should check in which segment he is going to invest. How much knowledge and understanding does he have in it? Only correct information helps in getting excellent returns.

Know the market cycle and economic conditions

The economic conditions of a country have a major impact on real estate markets. Generally, high GDP growth, abundant job opportunities, strong consumer confidence and good government policies drive the real estate market. This creates a boom in real estate and increases property prices. Then investors get bumper returns. In recent years, India has seen several policy initiatives aimed at promoting the sector, such as the Real Estate (Regulation and Development) Act, 2016 (RERA), the Goods and Services Tax (GST), and the Prime Minister’s Housing Scheme (PMAY). Investors should keep a close eye on these policy changes as they can have a significant impact on market sentiment and investment opportunities.

Widespread impact of interest rates, inflation

Interest rates and inflation are important factors when determining the best time to invest in real estate. When interest decreases, demand for property increases. At the same time, due to inflation the demand becomes sluggish. Apart from this, supply and demand have a big impact in the real estate market. Therefore, before investing, investors should assess the supply-demand balance in that particular market. Demand for real estate is more likely to be high in areas where there is rapid urbanization. Urbanization leads to development of infra. New job opportunities are created. Due to this the demand for property increases.

It is necessary to analyze the location

Location plays a significant role in determining the potential returns on real estate investment. While selecting the location, aspects like proximity to essential services, distance to rail stations, bus stations and airports, proximity to educational institutions and hospital facilities should be kept in mind. Along with this, it should be kept in mind that real estate investment is a long term investment. There may be fluctuations in the short term.

Now the question is when is the best time to invest?

I believe the best time to invest in real estate is now. This is because when you go to buy a property, it seems expensive. However, when purchased, it appears cheap. By seeming, I mean that it becomes cheaper. Property prices do not go down in any developing area. That means, if you have selected the right location and good property then it will definitely give you better returns. If you wait for good times then the property will become expensive. Therefore, one should not wait for the festive season or any good time. If you have money, you should invest it in the right property as per your budget.

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