In these unprecedented times of the coronavirus pandemic, as the nation has been shut down since the start of this financial year, the stock markets have been extremely volatile.
A majority of the people have not only lost their jobs but have also incurred huge losses due to market crash and are now looking for safe alternatives to invest their hard-earned money.
Due to these tough times, people have now started to understand the value of owning a home as that acts as a safe shelter for rainy days. Needless to say, even in this crucial time of a pandemic, investing in real estate remains to be one of the safest investment options.
There are exclusive residential plots for sale in Kurnool, Kadapa, Ballari, Nandyal, and other parts of Bangalore. Multiple new projects for 2 & 3 BHK flats in Kurnool and premium gated community flats in Kurnool have been announced to meet the ever-growing housing needs of the local population. These residential layouts in Kurnool are great for investment purposes as well.
Although a few of you may disagree by saying that real estate in India does not offer good returns but it is definitely the most stable investment option when compared to the extremely volatile stock market and market-driven mutual funds’ investments.
Today, people are looking for residential homes more than ever before. As a large part of the Indian population is youth, they are not only eager to upgrade their lifestyle and move to a better accommodation but are also looking to invest in residential projects so as to be able to earn rental income that will make up for an additional source of earning in the near future.
If you are keen on investing in real estate, you can either invest in open plots in Kurnool or purchase ready to move in independent villas in Kurnool. There are numerous properties for sale in Kurnool, based on your preferences and budget, you can choose from 2 and 3 BHK flats in Kurnool, duplex houses in Kurnool, or even premium luxury gated community flats in Kurnool.
If you are still are not sure about putting your hard-earned money into real estate, stay with us till the end of this blog. We will discuss a few more reasons that are likely to cause a boom in the real estate industry :
- Technological Benefits – Owing to humongous advancements in technology, more and more people are now shifting to online real estate portals for the added ease and convenience of having virtual tours of the shortlisted properties.
The tech-savvy youngsters are keen on browsing the property listings from the comfort of their homes. They are easily able to show images, videos, and map location to friends and family for a second opinion before making a final decision about their dream home.
- Government Policies – Another major reason for a sudden increase in the number of people willing to invest in real estate is the decrease in home loan rates by the Central Bank.
There has also been a revision in the repo rate that has been decreased from 4% to 375%. This in turn helps improve liquidity parked with the banks. This is an encouraging sign and a major boon for the real estate industry.
- NRI Investments – In the mid-segment housing category, the size of NRI investments is huge. Owing to the falling rate of the Indian Rupee, an increasing number of NRIs have developed a greater interest in investing in the Indian real estate market.
- Residential over Commercial – In the pre-coronavirus era, there was an exponential increase in the number of people that were investing in commercial real estate properties such as office complexes and co-working spaces.
In the current scenario, there is a huge shift in the mindset as well as consumer behaviour or those willing to invest in real estate. Today, a majority of the millennials are eager to invest in mid and affordable residential real estate projects.
With the backing of Central Government Schemes such as the Pradhan Mantri Awas Yojana (PMAY), the affordable housing segment is now witnessing a never-before growth.
- Extension of Credit Linked Subsidy Scheme (CLSS) – The GOI has another good news for the middle-income group. It has extended the CLSS till March 2021 and has thus reinforced the affordable residential segment.
In addition to this, GOI has announced a new investment class for the migrant workers and urban poor. It is in the form of an affordable rental accommodation scheme that is helping to increase the demand for affordable housing solutions through reverse migration.
In the post-pandemic world, this is undoubtedly the best time to invest in real estate and get the best value for your hard-earned money in the long run. If you are looking to invest in residential real estate projects and are looking for the most trusted developers of South India, look nowhere else and invest now with SKANDHANSHI.
We have been helping people to fulfil their dream of owning their own homes and investing in real estate for the best returns since 2008. In over 12 years of our service, we have completed 75+ projects and served more than 50,000 clients who are immensely happy and satisfied with services.
We have new real estate projects coming up in Kadapa, Kurnool, Nandyal, Ballari, and Bangalore. Whether you are looking to buy residential plots in Kurnool, gated apartments in Kurnool, or are looking for land for sale in Kurnool, SKANDHANSHI is here to help you get the best properties at the most affordable prices.
Feel free to reach out to us with your questions and we will be more than happy to address them to your satisfaction. Browse all details of upcoming projects here : https://skandhanshi.com/properties/