Is this a good time to invest in the real estate market in India?

Invest in the Real Estate

I feel there are three factors that have contributed to calm down a hot real estate market in the past two years.

1. Demonetization

2. Enforcement of Real Estate Regulation Act (RERA)

3. Goods and Services Tax (GST)

Due to the above three factors, there are properties in the market with good discounts.

Warren Buffett beautifully quoted

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”.

The uncertainty in the earlier months has already cooled the market and now is a good time to get deals on ready to occupy properties.

Given that RERA is applicable, there is more transparency in the projects being launched and will benefit the buyers.

These factors make it an ideal time to invest in properties with a long-term view.

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