The Daily Vanguard

Property- A Worthy Short Term and Long Term Investment Decision

World’s economic conditions are getting tougher day by day. Even those who are earning handsome must face financial issues at many times. Only those who save part of their income besides controlling extravagance can maintain their lifestyle in an efficient way. Needless to mention, savings need to be invested righteously for good returns as well as for ensuring security of invested amount. Unless this is done, savings may not prove fruitful. With so many investment options like property, mutual funds, PPF Accounts, Savings Accounts, Insurance Policies etc., one might be confused where to invest? The confusion is well justified but it can be subsided with proper assessment of amount to be invested, duration of investment, expected returns and other similar factors.

If you are looking forward to invest your money, preferably for a little longer duration, without expectation of instant liquidity of asset, one most popular and safe type of investment would be property. This investment gives good and sometimes astonishing returns with respect to investment. You only need to be patient in holding your property till maturity of right time. While investing in property major factor of consideration could be where to buy property and when to buy it? This would need little research besides checking availability of your resources.

First, you must find out the place wherever you want to invest. Usually people prefer to buy a property for investment at an approachable location so that they can regularly monitor it for maintenance and safety. The location of your investment is also affected by your reselling preferences. If you want to keep your money invested for a longer duration, then you opt to invest in remote and semi-developed location with good prospects. You need to be pro-active enough for such property investment. However, if you want to resell it only sometime after your investment, then a prominent location is preferred so that the asset can be sold quickly and at good price. For example, investment in Delhi would be a very worthy option as the property is quite mobile here. You can easy buy a house for sale in Delhi and sell it whenever you want. Same is the case with commercial spaces in Delhi. If Delhi is not approachable to you, undoubtedly, you can find many paying locations all over India.

In every case considering market conditions cannot be ignored in any way. For the property search you will also need assistance of expert executives of property. The masters of the field can astutely guide you towards a sound investment. For this, it is essential to hire services of an experienced property broker. The right broker for you is one who wisely maps property with your requirements and then shows you only selected options. This will rule out all chances of losing your time and hope. The job of the broker does not end here. He goes hand in hand till your deal is finalised and you are through with all the documentation. Property registration assistance can also be sought with established property professionals. Thus, choosing a real estate agency is equally important as selecting the property for investment.