It is the right time to fulfill the dream of owning your own home.
COVID 19 has a positive impact on house cap rates in India, being 7-9%. Banks and the other financial institutions have reasonably lowered their rates To invest in completed projects with trusted developers is the best bet right now. Property acquisition for investment purposes like renting has an advantage since rental incomes are locked at 2.5%. Considering a home purchased at ROI 6.75% the let out will be 4.25%.
Aim to invest in the location where the industry will resume like IT sector post-COVID 19, this will certainly build an asset and generate cash flow through rentals. To assess the loss in share market and mutual funds real estate is the ideal solution.