While the previous generation hoped about dream homes post-retirement, today; the young professionals start real estate investment, early. Young, tech-savvy, and financially affluent property buyers are now a major hype among the property buyers in the realty market.
4 Real Estate Investment Options for The Young Workforce
These permit you to invest in the real estate market without having to purchase any physical real estate. Often related with the mutual funds, these are companies which own commercial real estate like office buildings or retail spaces or apartments or even, hotels. REITs usually pay high dividends, making them a common investment, especially, providing a surety for retirement. Investors who don’t require the steady income, can inevitably reinvest the aforementioned dividends to nurture their investment further.
A relatively new concept already followed in the USA amongst young adults, in which you can live in your invested property while renting out rooms and units in your home. This concept is slowly becoming popular in the Indian Realty Market.
Another important development in the young investors is the flipping investment. According to this form of investment, an under-priced home is purchased, renovated and sold for a profit. While this is interesting as an option, it is also a slightly hard to do alone. It is, therefore; advisable that you partner with someone to invest in this sort of a family.
Anti-Stuck Property Vaccine
A new scheme that has been jointly released by Migsun and Wealth Clinic, enables you to exchange your stuck property with ready-for-possession houses by Migsun. This initiative enables you to pay only 10 % of your original price. To be specific, the prices of start from a nominal amount of Rs. 15 Lacs. Furthermore, this scheme encompasses both, residential and commercial properties. This scheme is pertinent through Greater Noida and Ghaziabad.
Investing young has its own perks, and it helps you to gain some extra earnings. While it is commendable to see young real investors, it is also a bold one. To make the most of the investment opportunity and to alleviate the risks connected with real estate, young investors require all the help that they can get. This is where options need to be provided for better understanding. In the passages that follow we would briefly like to explain the different investment options for the young Indian professionals.