What you should know before parking your funds in real estate!

Of all the asset classes, real estate will continue topping the chart as a preferred investment not just nationally but globally. In times of pandemic and such uncertain times, investors chose to invest larger part of their financials to safe and long term investment source. Real estate investment suits the above more so when the investors consider various factors to invest wisely as per the following:

Choosing from various investment avenues:

In the current scenario, the options for investment are many ranging from residential, commercial, financial instruments, physical assets, and more. Selecting the right investment that suit one's criteria depending on it’s purpose, investment returns, ticket size and location is the key to starting off. Commercial assets will get moving faster once the vaccination drive goes high because there is a requirement of more space between workstations in office set up apart from cross city talent hiring strategy. Co-working facilities demand is also considered with freelancers willing to have their office space to offer services in a professional manner. Investment in commercial sector in the past has been preferred most times owing to HNI’s financial flow. This depends on their preference also being financial instruments like REITS, AIFS, debentures of exclusive developments. The vertical of residential properties is easy to pick from the range as there is a perfect match for every buyer as an end user or for investment purposes. It becomes easier to put on lease and also exit if needed from this investment with substantial return.

Selecting the location wisely before investing:

Choosing the locality is necessary depending on the purpose of the investment and its nature. Location largely depends on two aspects; one being futuristic returns and later being connectivity with school, hospital, office and neighbourhood aspect of it. In real estate, the three most important aspects of any good property resale are location, location and location. Appreciation is largely dependent on this factor. Do take assistance of a professional to understand the geographical component specially if you are investing into land.

Evaluating the integral aspects:

Whether it is residential or commercial demand, post pandemic spaciousness has become the most essential factor. Over and above space, developers are focusing on beautiful architecture, quality-finishing and best amenities to provide further more value to their end-users in the residential segment. Open space for outdoor activities, work from home space designed inside the homes and amenities for the residential segment has been of utmost importance. With the increase in affluent population, ultra-luxurious living with international standards has scaled up the demand in residential sector.

Honest and transparent dealing:

Whether it is a primary market sale or secondary market/resale; we highly encourage our readers to ensure to meet the other concerned party/developer as well along with the professional consultant who has been assisting you all the way to narrow done on your criteria. Ensure your deal is done fairly with right payment plans and not based on any overlooked margins. Take help of professional agencies so that you have a back to fall back upon. Check who can get you through the best deal till the end part of it because match making is not the only step of a successful transaction. Getting the clients the best location and price is in the agent’s role and ensure fairness in pricing stays on the top of your mind.

Time factor in investments due to pandemic:

Real estate investment has been a stable and safe asset class, which we have witnessed with two major unprecedented pandemic waves. Soon after each wave, investors started shaking up their real estate portfolio and parked funds majorly in better living, weekend homes, plotting schemes and preleased commercials. However, real estate is relatively less liquid in comparison with fixed deposits and other such asset class. In case of liquidating, the sale of the property may take time as there are many dependent factors. It is essential to factor pandemics into your long term planning. However, with the right real estate professional’s guidance and sufficient time on hand, we can find buyers to sell at the desired and apt market price.

Since the start of pandemic, with new trends, requirements and changing lifestyle, the real estate buying trend is expected to continue for foreseeable future. If real estate investment is carefully and wisely done with the help of a professional agency, thoughtful planning and fair dealing in pricing and payment terms, your real estate portfolio will stand a rock solid foundation.