Investing in the property market or Gold - Which is the most profitable?
How does one take measures to safeguard their interests for a profitable future?
Chennai known as the automobile hub of the nation has attracted realtors and
residents for obvious reasons. People are now gradually transitioning from
living as tenants to full- time homeowners. Prestige Highline by Prestige properties is a unique residential
project, which is strategically located at Pallavaram in Chennai. The project
has a lot to offer in terms of connectivity and proximity to other renowned
parts of the city. With architectural marvels within the premises, residents
are sure to enjoy pristine views of landscaped gardens surrounding the project.
With the introduction of real estate governing bodies like RERA and tax reforms
such as GST, Chennai has witnessed an exponential rise in affordable housing
structures. This has forced realtors to devise new strategies to release their
new inventory and match up to the demand at the same time.
Prestige Highline Pallavarm Chennai |
Highline Apartments Pallavaram is unique and there are architects
present at the site have tirelessly worked to cater to individual residential
requirements. Apartments in Pallavaram
are distinguished in their own way as the location has attracted realtors from
different parts of the county. The project is quite close to renowned schools,
colleges and medical institutions so residents can provide the best for their children
in regards to education and healthcare. With the rise in social infrastructure
development, residents are moving to emerging parts like Pallavaram in Chennai.
IT Tech Parks ensure and enable residents to consider investing early so they
could bank on that extra income in the future. In order to incorporate a
customer-centric approach, Prestige Highline Chennai welcomes residents to the site so they experience the amenities,
floor plans, design structures or take an overall tour of the property to make
better investment decisions. Now, should one consider investing in the property
market or gold? Residents are keen on accumulating assets. Purchasing gold or
investing in the market gives a feeling of economic status. These are useful
investments if residents need to accomplish short-term goals. On the contrary,
property investments are crucial as they are long-term in nature. With hefty
expenses, investing in the property market can reap formidable returns for a
secured future. Let’s now look at some factors that would help you decide
better.
Also Read: Many Real Estate Investors are Heading to Pallavaram Chennai
Size of investment- Points to consider
This is an important point that has to be considered by residents who are confused
whether to invest in the real estate market or in gold. The size of investment
matters are determines your final purchase decision. Being short-term in
nature, investing in gold requires smaller sums of money, which would give
returns based on the fluctuating market. On the contrary, investing in the
property market is relatively a long-term decision. The funds required in such
cases are large which is certain to reap formidable returns on investment.
However, one has to note that there are a number of aspects that have to be
kept in mind before heading towards investment decisions. Location of the project,
amenities provided and floor plans devised make a lasting impact on prospective
purchase decisions.
Earning capability - Become wise in choosing your form of investment
There is a clear difference in income that is being earned when we compare investing
in the property market as opposed to purchasing gold. Since there are many
variables to consider, residents can be rest assured to earn rich dividends
when it comes to real estate investment. For instance, renting the property can
help investors accumulate on funds on a monthly basis and based on the real
estate market, the rent amount can be increased for a secured future.
Purchasing or owning a house can yield formidable returns as one can decide on
investing in a property at the right time when the prices are low and other
location factors. On the contrary, one has to completely depend on the market
conditions while investing in the gold market.
Knowledge base- How much should you know?
Be it any purchase or investment decision, it is important that we know what the
market has to offer. In case of property investments, guessing the market
condition or trends can turn disastrous. Residents before visiting to the site
are requested to consult with real estate advisers so they have an in depth
knowledge about the property market. This would help them gain a clear
perspective and invest wisely. However, in the case of investing in gold, the
quality of the product and overall valuation is transparent as the market
suggests.
Also Read:
Prestige Highline Specification And Floor Plans - Located At Pallavaram Chennai
Good Investment Options in Chennai for NRIs in Pallavaram
Comments
Post a Comment