Planning to buy a house soon? Here are smart tips to maximize benefits
After a hibernation that lasted nearly five years, home buyers are once again preparing to go shopping. More than 60% of the respondents to an online survey say they were probable to buy property in the next 12 months. The survey was conducted a couple of days back after the RBI cut rates and got 1,181 respondents. Further more than 16% of them say they plan to “definitely buy” real estate in the next one year. “A lot of fence-sitters have realized that it makes sense to buy a home at this point in time when prices have not grown too much,” says Anuj Puri.
The returns from real estate also tend to be rough. There would be no big appreciation for years and then abruptly prices may shoot up if some infrastructure project is declared. Therefore, investors should not go for the property if their investment horizon is for less than five years. Our survey shows that more than half (53%) of the respondents will buy belongings only for own use, and only 19% will buy as an investment. Of course, there is an additional 18% who will buy for own use as well as for investment.
With the price being low in the real estate sector one can invest on the newly launched Prestige Elysian project as it will be a very good opportunity. As you never know when the prices can rise up and become difficult to buy later.
For more details about the project Pricing and Details visit : http://www.prestigeelysian.indiahomes.estate/ or call +91 8553159202
For refer blog link: Bangalore Property Updates