Many of us have this single question in mind – Whether to invest in real estate or not?
Read on this article which will give you a little clarity and hopefully clear your clouds of doubt.
On one hand, the pandemic has dealt a blow to the economies worldwide, but on the opposite hand, it’s opened new opportunities for creating a promising investment. And buying property is one among them!
In the aftermath of the Covid-19 crisis, people have begun to understand the importance of getting a true estate investment in their portfolio, due to the guaranteed returns and low risks it offers. While many would think that investing in property now’s a risk, only wise investors know that now’s the simplest time to shop for a property/ buy a home.
The Federal Reserve Bank of India (RBI) recently reduced the repo rates by 0.75 basis points. As a virtue of this steep cut, interest rates on home equity credits by public and personal banks are at their lowest in two decades! If you apply for a home loan now, you’d be ready to avail of an rate of interest between just 7.20% and 8.05%. This decision by the RBI has presented investors with a chance that shouldn’t be missed. It makes for a wise decision to take a position less now and reap a better ROI later.
However, the advantages of low-interest rates aren’t restricted to investors only. Even homebuyers can make the foremost of it. Homebuyers can utilize the savings resulting from reduced EMIs for furnishing their new home better than before. Or, they will also consider applying for a better loan amount and upgrading to a much bigger home with better amenities or
home at a major locality!
The opportunity is true here knocking on your door, making it easier for you to urge keys to your new home. And like opportunities, it won’t be here for long. So, get right down to planning your finances, finalizing a property, and booking your new home, as soon as possible.
And if buying a home in Udaipur is what you are planning on, do visit Archi’s Galaxy. It’s a residential project under mukhyamantri jan awas yojana in udaipur that gives 2 BHK flats in just Rs. 15.91 Lakhs with a lot of loan benefits and government subsidies making it a perfect
investment for your new home.
To know more about the flats or visit the sample flat, you can call us on: 89551 48546 ; 86195
98730 Site Address: NH 76, Opposite Debari Power House, Debari, Udaipur