Reasons why lockdown is an appropriate time to invest in real estate
Every crisis is an opportunity to think out of the box. With the recent ‘unlock’ in the country, there are a lot of industries that are resuming with minimum work force and maximum efficiency. Real estate is one of them too. Hence, it can prove to be the best time to invest in real estate.
There are top real estate companies in Kolkata that offer affordable homes along with supreme amenities. Moreover, with the situation at hand, they surely will have offers and other linencies to make your home-buying experience a seamless one. Real estate is considered as a blessing in the world of investment because of its strong asset value.
Hence, here are the reasons why you should invest in it especially in these times:
Offers Alert:
Realtors have come up with exciting offers and schemes that provide you easy payment options in these tough times so that you can achieve your dream without worrying about the situations outside. This could be an opportunity to invest in a residential property in Kolkata as you seldom receive such a blend of exciting offers and low rates here.
Humble Home Loan Rates:
The prices of residential properties in Kolkata had been nearing its peak in the recent years. However, this pandemic has added a pause button to it. There also have been a lot of relaxations that have been provided by the government in terms of loans. There has been a reduction in the REPO Rate, announced by the RBI which co-existingly reduces home loan rate and makes you a step closer to buying a home.
High Performance Rate:
We live in a time of endless uncertainties. However, an investment in real estate can serve to be the safest option for you as well as your family. There are some real estate companies in Kolkata like Signum Group that will provide you a high performance rate and an edge towards high investment returns too. After the stock market crash, people are now looking for a safer investment option and hence, real estate investment is the answer for you.
Growth in the coming years:
There is a sense of authority when we hear about ‘home-ownership’. Therefore, it is gaining a lot of popularity among millennials. A study reveals that 75% of the millennials are sure to buy a home in the next three years. This is also common for young couples. They believe it to be a source of security and stability in the years to come. This lockdown can be beneficial for them to buy a flat in Kolkata as it would be a good first investment.
Adapting to the new normal, the country is all set to face the situation while keeping up with the fast pace of life. Through the years, the residential property rates were reaching new heights. However, in these times with this situation right alongside us, the prices of flats in Kolkata are reaching its shore and this could be beneficial for you as a buyer.