The COVID-19 pandemic is sweeping the globe and many of you are wondering whether real estate is the right investment right now. In fact, while most sectors, including the real estate industry in India, are going through a recession period, there has never been a better time to invest in the Indian property market. Here’s why!
The global recession saw prices go down by X%, only to go up by XX% later. The Indian economic slowdown in 2013 & 2016 (demonetization) also witnessed similar trends.
Since developers have cut rates by an average of XXX PSF or X%, the recovery phase will see prices rise up substantially.
Real estate has always been considered a stable sector to invest in. (Stat about real estate being one of the most stable assets)
With the Dollar value at an all-time high compared to the INR (Rs. XX), it is the best time for NRIs looking to invest in the Indian property market.
The security of your own home is vital, especially in these tough times. Leverage the current low-interest rates (slashed by XX %) at this time to secure your future.