Five Reasons Why Residential Real Estate Is Still The Safest Investment Today

Investing in residential real estate is often a smart decision, regardless of the situation elsewhere in the world, for a variety of reasons, the most common of which are mentioned below.

Passive Income

Unlike the stock market, cash, or getting the capital invested in a bank, investing in real estate is still a lucrative investment because real estate is the safest asset class. So, if you have a steady income and can invest it in something that will produce a passive income in the future, this will be one of the most profitable decisions you will make, particularly in these uncertain periods when no one knows what will happen next. You can, for example, invest in a 1 BHK in Dahisar and use it as a source of passive income.

Tax Benefit

As the government has significantly lowered interest rates, you will be eligible for IT rebates on annual interest charged as a percentage of the principal loan sum, registration fees and stamp duty, and other deductions under Section 24, Section 80C, 80EE, and other provisions.

Tangible asset

A real estate is a form of asset that, unlike any other asset, does not change over time. The protection associated with real estate investing is so strong that it is the only asset that does not change immediately.

Deals like never before

There are a lot of deals available due to current market conditions which are still recovering from the pandemic situation. Coupled by the lower interest and additional benefits favoring the buyer. Real estate investment has never looked more attractive. Also if you get great deals as we do on flats for sale in Dahisar, it's a win-win scenario.

Low-risk high returns

Many foreign companies are investing in real estate in India as real estate is an appreciating asset. As previously mentioned real estate investment is the safest investment class when compared to other markets. Builders in Dahisar and other such areas in Mumbai are also aware of these safety concerns, so you can look at their properties without hesitation.

Conclusion

Considering the above aspects, as well as the present pandemic scenario, it is inferred that we must have some kind of potential investment to depend on, as we may have a secure career, but we cannot predict the future, so we must have something to bet on. It's difficult to find a scenic view, luxurious apartment, and an inexpensive price in Mumbai. Check out VKLAL Vishnu Phase I in Dahisar 22 storey residential tower, your quest for your ideal home might come to an end here.