“When one door closes, buy another one and open it yourself.” Leaving aside the fact that real estate was rated the best long-term investment, well ahead of gold, stocks, mutual funds, savings accounts and bonds and of course the emotion in Indians to call a place as their own is unparalleled. Imagine living in an elite home, not only with all kinds of essentials and amenities at your door step but also utilities such as a retail hub, Sports and Fitness Activities, and a location overlooking a green land as a cherry on the top.
A real estate investment comes with enormous advantages including safety of your capital and the dividends in the shape of a roof above your head not to mention the satisfaction calling a place as your own and what not to say about commercial real estate, it’s a gold mine waiting to be discovered. Real estate sector in India is expected to reach a market size of US$ 1 trillion by 2030 from US$ 120 billion in 2017 and contribute 13% to the country’s GDP by 2025. India, a rapid developing country, a large population means a large demand and that means a quicker and more reliable, and Indian production line. India needs quality infrastructure and real estate is a fundamental part of a growing economy.
According to the data released by Department for Promotion of Industry and Internal Trade Policy (DPIIT), construction is the third-largest sector in terms of FDI inflow. Indian real estate developers have shifted gears and accepted fresh challenges. The most marked change has been the shift from family owned businesses to that of professionally managed ones. Top builders in Noida such as Ace group have been investing in centralized processes to source material and organize manpower and hiring qualified professionals in areas like project management, architecture and engineering. In Ace’s case one example is the reputed and Padma Bhushan awardee Indian Architect Hafeez Contractor, who designed AceParkways’ elevations followed by Sanju Bose, renowned landscape designer who outlined and detailed the landscape of Parkway – a residential project in sector 150 Noida.
Bank FD rates are less than inflation rates, gold is volatile like fuel, the stock market is unpredictable be it mutual funds, index or individual companies it’s too much risk for an Indian pocket and on the other side the potential for appreciation, the safety, the low risk with high returns make the real estate market an intelligent investment, with all the cards in favor it’s time you pull your money out from your 5% returns savings bank to commercial and residential real estate projects. As it is said don’t wait to buy real estate, buy real estate and wait.