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The Best Time to Buy Property

by SA Homes, Posted on 05/07/2017

If you’re looking to buy real estate in Palakkad, there is no time like the present. In the post demonetization scenario, the organized sector is at present very stable, and is poised for quicker growth and will see more improvements than ever before.

There is a saying that “It is better to buy property and wait, rather than to wait to buy property”! If you have surplus funds now, don’t hesitate. Real estate is one of the safest and best investments you can make. In fact, over 90% of the wealth in the world has been created through real estate investment. It is difficult to lose – nobody can really steal it like they can cash or jewelry.

There is never really a perfect time to purchase property – unless the prices are so high that they are nowhere near affordable for you. However, if you have a steady income flow, you can consider buying even if the price is on the higher side. The real estate eventually appreciates in value. There are other ways to earn from your property too. If it’s a vacant lot, you can construct a residential or commercial building and rent out individual units. If it’s an apartment or villa you’re buying, you can rent it out for a few years, and sell it when the price goes up!

The safest bet in real estate also would be investing in ready to occupy apartments from reputed builders in Palakkad like SA Homes, as these will have clear titles and transparent dealings. Be very careful when talking to dealers and/or brokers in the unorganized sector; they may take you for a ride by giving false promises of discounts and freebies.

Even if you don’t have the full amount and you have to take a partial loan – or even for the whole amount – it is still worth it. The only thing you need is patience; it takes time for real estate investment to pay dividends, you cannot expect overnight results. It may take a couple of years also, but no other investment will offer such handsome returns.

There are many segments in the organized sector, mainly depending on the price of the property concerned; for example, up to 25 lakhs, 25 to 50 lakhs, 50 Lakhs to 1 Crore, and so on. The price also depends on many factors like whether space is an apartment, duplex or villa, how many BHK it is, the location, amenities offered, the builder (reputation for quality) and so on.

Looking for flats in Kalpathy and other locations in Palakkad to invest? SA Homes has premium 2 and 3 BHK apartments, both under construction and ready to occupy. Give us a call on +91 9400 228 228 to know more and set up an appointment to visit a model apartment.

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