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Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world – Franklin D. Roosevelt
Many of us have heard the words “Landlords grow rich in their sleep”. No greater words required to emphasize the value of having an amount invested in real estate whether it is an apartment or a plot. It is popularly believed that the money goes in a piece of land always gives positive returns.
There are no assets more worthy in the long run than land. There was a period when summer homes were quite in trend. People who were having big pockets, used to invest in homes in hills. Because of this realty prices in hill stations escalated significantly. Of late though, the trend has stirred to building farmhouses on the outskirts of cities. Land in the areas which are not far from cities often don’t have high values in comparison to the land that is available within the city. People who invested early in land in Navi Mumbai, in Devanahalli, in Salt Lake, Kolkata, or in Gurgaon or Noida in NCR, have gained big rewards.
So, think long-term. If getting a plot of land with clear paperwork not too far from the city, consider investing. In general also a piece of land which is purchased on the outskirts of a city which has bright prospects in terms of business in upcoming years. If one purchase that land in recent years and hold the same for a period of 5-10 years, it can give massive profits.
At present, there is a growing positive sentiment in the real estate market. This market is likely to reach US$ 180 billion by the end of 2020 as per India Brand Equity Foundation. Housing sales rallied up 25% during April over the preceding month in top 7 cities including NCR as per the report by property consultant Anarock. Get our land in Wave City, NH 24 a promising investment location.
Constructions for several projects are already going at a brisk pace at the hi-tech Wave City. The township has transformed itself into a bustling hub and the residents here are already leveraging open gyms, facility stores, Indo-German hospitals, Delhi Public School and many more facilities available on the campus.
Investing in land is always beneficial in the long run. With the widening of NH 24 into a 14 lane national highway, the land & property prices are likely to accelerate at a fast pace in this area.
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