With low rates and easy tech, this is the time to invest in realty

BENGALURU: You work hard for your money, but does your money work hard for you? When you put money into an investment, your money goes to work for you. Plain and simple: Investing is how you become wealthy. But what is the best “job” for your Rupee? How can your money earn the most and offer the least risk? One investment stands head and shoulders above the rest: Real Estate. 

CREA (I), Confederation of Real Estate Associates (India), the highly-reputed association of Real Estate Advisors and Marketing associates believes that right now might be the greatest time to buy real estate that we’ll see for another decade or longer. Here are some reasons why.

Rates will fall

Low interest rates lead to low monthly payments, which is great for real estate investors looking to maximize their profits. Investing in a property now with a flexible interest rate to avail the benefits of further fall in interest rates, especially with the multi schemes from developers and banks that offer great subvention schemes are a fabulous option for the Investor and Home Buyer to gain a 10-20% price benefit over a 10-year loan tenure. Several years from now, many Buyers and Investors will look back and say, “Remember back in 2017 when you could get a mortgage below the 7 percent? Those were the days!”

Banks have funds

Post demonetisation, banks are loaded with funds and banks have begun opening their vaults and relaxing their standards. No, this doesn’t mean you’ll be able to obtain a 125 percent loan-to-value mortgage with no money down based only on “your signature,” but if you have a job or a business and decent credit, obtaining a loan is easy now and the CREA (I) certified Real Estate Advisor also connects you with the best loan options specialists for a door step services. 

Prices reasonable 

Yes, real estate prices are extremely reasonable. An astute Investor knows that the Developers and Builders have gone through an adjustment era for over a year now and the market is picking pace especially in Bangalore.

However, for those willing to hustle to find great deals, great deals can be found. This is especially true for investors who buy foreclosures and have an eye for the great deals that a CREA (I) can bring to the table in partnership with a Developer and a Bank for properties ranging from `20 lacs to `5 crores. 

Tech makes it  easier

In the “olden days,” investing in real estate took a significant amount of driving around, talking to people, waiting, looking at hundreds of pages of documents and other difficult, time-
consuming tasks. Today, technology has made investing in real estate significantly easier. Today, a real estate investor barely needs to leave the comfort of home to manage a portfolio of properties. 

Source - The New Indian Express