Owning the home of your dreams is always regarded as high prestige in Indian society. Investing in property is one of the prevalent choices that Indians have been making for a long time considering the potential perks of it.
However, to curb the effect of coronavirus government has decided to put on multiple limitations and lockdown is a major one among all others. Property Investors are left in the lurch regarding the investment-making decision in real estate due to the lockdown. It is essential to understand this lockdown has brought out an excellent opportunity for buyers for housing during such time.
Reasons to Invest in Real Estate in Lockdown
Real estate investment is undoubtedly a righteous choice to move into your own Property & invest safely. Enlisting here key reasons to make you understand the supremacy of Real Estate Investment during this lockdown.
1- Attractive Price
The foremost reason to invest in real estate is lucrative discounts and profitable payment plans that lure home buyers to invest-in. Prestigious developers are offering additional advantages like free parking space to capture the interest of Homebuyers.
In addition, tailored payment plans act as the cherry on top for such home-buying deals. Apart from festive times, such interesting benefits aren’t enjoyed however surely attractive prices and deals are a win-win situation for home hunters to opt for this lockdown.
2- Passive Income
The restricted movement due to complete or partial lockdown has made it difficult for people to make their earnings. Investing in Real Estate can generate a stable passive income for homeowners from the rent collection.
Not only passive income but some people rely on rental income majorly as an active income source as well. In such trying times, investing in real estate might look like a difficult practice to preach but rental income is a good sign to continue with deal.
Owning your home is still a dream for many and a major part of the country is renting the property so it can be your time to make some additional profit on home investment.
Henceforth, investing during the lockdown in real estate can fill your pocket with extra funds and assist you to enjoy a profitable deal certainly.
3- Reduced Home Loan Rates
The Reserve Bank of India decided to lower the repo rate to 7% which is by far the lowest as compared to previous years. Following the drop in repo rate, numerous financial home lenders have also dropped the rate for home loans.
Indeed, it is a great opportunity for home hunters to buy the property and make bigger savings on their asset investment.
Nevertheless, banks are willing to disburse higher funds for borrowing as they have a lower risk to bear due to relaxation by RBI.
Cheaper home loans are becoming added benefits for the homeowners making home-buying decisions appealing. Now you can borrow at the cost you find convenient so why delay the deal.
4- Seize the Opportunity
Last but not least, it is right to invest now as you can seize the opportunity in time to earn-out the highest ROI on investment. As anticipated by the Experts, future price appreciation makes the current time ideal to invest in real estate as it will generate higher ROI.
If you are anticipating to buy a house but wants to wait for longer, then you might miss the jackpot of good returns, lowers borrowing prices, and more options to explore. Consider to explore the premium options of property with SBP projects and book your home now.
Thus, these are some of the prime advantages that highlight why investing in real estate can turn out to be profitable especially during lockdown.
How to Invest?
Investing is a great choice to go along with but investing in the right location into the right property is vital. Not everyone is aware of the property loopholes and you might fall for it too, so what to do?
Choose for the reputed real estate agents who can help you to have a profitable deal. Real Estate Developers SBP Group is a well-renowned name in the real estate sector that has managed to provide key to dream homes of customers in thousands and you can be one of them. You can explore different options in your range at the best locations with added benefits with SBP projects certainly.
In the end, we can conclude to the aspect investing in real estate is the foremost method to safeguard your money in this lockdown. SBP Group can assist you to invest in your dream home at a prime location within your range, for relishing happy returns.
If you want to explore different options, you can visit our website www.sbpgroup.in or get in touch with our agents to sort the ideal home deal for you in this lockdown. Stay Safe, Home Safe!