Investing in residential real estate is turning out to be the safest bet for investors in these uncertain times. The multiple waves of the pandemic forced the investors to invest larger portions of their portfolios in safe and relatively non-volatile investment options and residential real estate alone ticks all the boxes, this season.
"The significance of owning a home has manifold advantages to the owner or an investor," says Dr. Niranjan Hiranandani, National Vice Chairman – and CMD, Hiranandani Communities. "Buying a home is not just a reflection of an economic but also a huge emotional and sentimental investment. It is a wealth-generating asset in perpetuity to be cherished by generations," he added.
Well-planned self-sustained township developments like Hiranandani Parks, Oragadam and Hiranandani Fortune City, Panvel have seen a considerable spike in demand from homebuyers. Designed to meet all the needs of the residents like world-class education, round-the-clock medical facilities, retail, and recreational amenities, and walk-to-work advantage, our township offers the best environment to uplift the mental and physical wellness quotient of the residents.
Here are a few reasons why investing in Hiranandani Communities properties is a safe bet
Financial security: Owning a home is by far one of the most important financial investments one can make. Apart from the financial security, it gives the investor a sense of physical security as well. "Real estate in Chennai and Real estate in Panvel is an asset which helps create hereditary wealth. For the smart investor, this should be the right choice," feels Dr. Niranjan Hiranandani.
Multiple benefits: "Possessing a home has a dual objective - right to use or invest with stable rental income and capital appreciation in the long run," says Dr. Niranjan Hiranandani. Being a landlord and renting out the property offers steady cash flows even in uncertain times. In fact, renting out a home at Hiranandani Parks, Chennai, gets an assured rental income in Chennai of Rs. 35000 per month* for 30 months*. Similarly, we also get an assured rental income in Panvel of Rs. 50000 per month* for 12 months* at Hiranandani Fortune City, Panvel.
Safe investment option: The current volatility of the equity market, mutual funds, and the receding rate of interest of the saving tools, has made home one of the better feasible investment options, particularly in the present scenario. A recent all-India study found that property is the most preferred investment option in India. With 35% of respondents preferring to invest in property, followed by gold at 28%, 22% in fixed deposits, and 16% in stocks.*
Dr. Niranjan Hiranandani feels that age is no longer a barrier to home investment, it is the scope of job stability and growth curve that drives the decision. "An array of festive bonanza supplemented with low home loan interest, choice of inventory, innovative flexi payment schemes, and more by Hiranandani Communities make it an ideal time to invest in Hiranandani Fortune City, Panvel and Hiranandani Parks, Chennai," he points out.