Articles
Is Investing In Real Estate At A Young Age A Good Decision?
Is Investing In Real Estate At A Young Age A Good Decision? |
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Real estate is often described as one of the safest investment options. Read on to find out if it is ideal for youngsters to invest in real estate |
The generation before millennials invested in real estate, not only for the returns that the asset generated, but also for safety and security reasons. Besides, it was one of the few bankable options available. However, despite several investment avenues that are available today, several youngsters aspire to buy property at a young age.
Even using the simple economic rule of demand and supply tells us how precious land is. The finite land resource will only get dearer as the population increases. Real estate is considered one of the safest and low-risk investments. Even if the prices dip a bit due to global factors, like recession or pandemic, the prices will surely bounce back in the long run. Unlike gold, equity, or other instruments, real estate is an asset, which you can use or rent out, and still generate long-term profits.
Additionally, real estate also helps you diversify and balance your investment portfolio.
Talking about finances, most opt for a home loan to buy a home. With age on their side, a young gun has the option of longer tenure with lower EMI, thus reducing their financial burden. As one grows old and climbs up the corporate ladder, the income also increases, thereby allowing them to make pre-payments or increase their EMI amount and manage their loan better.
Articles
Why Buyers Invest In Gurgaon?
Gurgaon, the land of Guru Dronacharya of Indian Epic Mahabharta, is these days the sixth-largest city in Haryana. it’s become an important industrial and financial center of Haryana.
it’s one among Delhi’s four major satellite cities and is an element of the National Capital Region of India.
Over the past 10 years city has undergone fast development and construction. A wave of multinational corporations selected to find their decision centers in Gurgaon. The city which has acquired the name of ‘Millennium City’ over the years can even be known as the decision center capital of the world.
Real Estate, automobile, retail, and banking area unit are alternative major industries. Gurgaon additionally contains a major producing trade. Car manufacturing facilities embody India’s largest passenger car company, Maruti Suzuki. Hero Honda, the motorcycle company relies on Gurgaon. Retail is another massive trade in Gurgaon, wherever there area unit 43 malls, as well as the largest Mall of India, giving Gurgaon the 3rd highest number of malls in AN Indian city. It contributes over 50% of Haryana’s income tax revenues along with Faridabad. Today, Gurgaon is regarded as the best city in India to work in and the best city in India to live in.
Favorable tax policy by the Haryana government, the construction of buildings by private companies, improvement in the city’s infrastructure by Haryana Urban Development Authority, and its proximity to Indira Gandhi International Airport saw the emergence of Gurgaon as one of the most prominent outsourcing and offshoring hubs in the world.