All over the world inflation is ruling high. The common doubt that is on everyone’s minds is whether the time is ripe to make investments in real estate under these conditions. Under the prevailing inflationary situation, when a person has to fixed income investing in real estate is not that easy.
According to Anarock property consultants, the total sale of units across seven major cities during the current fiscal predicted to be 3.6 lakh. So far, maximum sale of 3.43 lakh was achieved in 2014. In 2019, the maximum sale was limited to only 2.73 lakh units. By September this year, sale of units has crossed this figure. Moreover, the number of new launches so far has been put at 2.65 lakh. This corresponds to growth in demand for housing units.
Experts say that real estate sector is one of the safest bets for making investments. They vote for buying properties under the inflationary tendencies as the increased rents will save the investors from the burden of EMIs to a major extent. If a person is eligible to get bank loan, the person should take chance to invest in buying the first or second house or can invest in commercial property. They say that the real estate sector has good track record in providing stable income. The domestic real estate sector is not affected by the inflation, they say adding that the realty sector is a safe bet for making investments as the government is initiating series of measures to develop infrastructure. Compared to any other assets, the income generated from land would be more, they say endorsing the decision to make investments in realty sector during inflation.
