The unprecedented increase in sale of 2BHK flats in Bangalore has set credence for the changing real estate ecosystem in the city. This change closely mimics the change in the national scene as well, where people are foraying into real estate as a means of long-term investment. Buying a home is no longer deemed a necessity. Many are opting to use the living space as a means of supplementary income. Well it’s not all honey and milk when it comes to using property as an investment option. From maintenance expenses, to taxes, and renter’s grievances, there is much for the home owner to look forward to. Here’s a handy list to ensure you get the maximum ROI on your real estate investment.

The Price Is Always Right

The common consensus is that the share market is a reliable place to invest in. However, unless you are highly proficient in predicting market changes, there’s a huge risk of losing money when the market crashes.

The real estate market however, is always on the rise. People are always looking for houses and apartments for sale. Houses always hold value, either by themselves or on the plot they stand. Typically, the home values tend to show a rising graph, and there is no reason for that to change in the near future. Even if you buy a house today, and invest in just regular maintenance, the house can still be sold for multiple times its original value in the years to come.

Flip Now Or Wait For Later Appreciation?

Flipping is all about buying a property, usually one that is run down and requires quite a bit of maintenance; fixing it up and selling for a profit. This is a short-term way of making some profits on your investment. However, this is also labour intensive, not to mention the costs involved. Plus, the investment is also high, compared to the profits. Generally, this method is opted by people who have the time and the capital to make a quick profit and move on to the next project.

The more common way of making profits out of a property is by buying it for the sole purpose of appreciation. This is a long-term game, and has relatively low investment, but assures larger returns. In such cases, it is advisable to buy a property in the outskirts of the city or an upcoming area of the city where the property prices are low. You can then use this property yourself or lease/ rent it out. Either way, you are assured of handsome returns regularly for a long period.

A house or a flat is an excellent investment option as it is a high value asset. In case you need a large amount of cash urgently, you can always rely on selling off or pledging the properties you own. Hence it pays to make the right investment choices in real estate in order to reap short term and long-term benefits. At Chartered Housing you can choose from a number of flats and apartments as investment options.