fjrigjwwe9r1fplanning1:Article Asset Purchase: Your Home, Your Dream
Have you ever dreamt of owning a beautiful country house in Paris or having a lavish villa in the middle of Scotland?
Owning a house of one’s own choice is everyone’s dream and an aspiration closest to every individual’s heart. After owning a house to live in, real estate also comes across as one of the most popular investment avenues. A lot of people buy real estate to earn regular rental income and some others purchase it as an asset class to diversify their overall portfolio holding and others buy such immovable assets to pass it as an inheritance to their next generation.
Real estate has been, and continues to be, one of the most popular assets that one would like to possess. However, you must always remember that real estate as an asset class involves huge capital outlay and is highly illiquid. So, it is pertinent that any real estate purchase decision is extensively researched and well sought.
Statistics have shown that during the last 5 years, there has been an enormous appreciation in real estate in India. Real estate is the favorite asset class for many investors, primarily for the reason that its growth has been tremendous. For the sake of an example, let’s consider that the price of a property worth Rs. 20 lac today is expected to rise to around Rs. 42 lac in just 5 years, taking a conservative figure of 16% p.a appreciation.
The figure might seem to be enormous, but with careful planning, one can accomplish this goal.
With Just Plan, you can turn your wish of owning your dream house into a reality.
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