Are you frightened to take the plunge and invest in real estate? Do you believe that only the wealthy elite hold the key to real Estate investments? Or, do you believe that buying a new property will call for you relinquishing your current one? Well, brace yourself for some delightful facts. All of these are bad lies! Consider these myths proved wrong, as we enlighten you with some factual truths in this piece.

1. HIGH RISKS ARE INVOLVED WHEN IT COMES TO REAL ESTATE.

This is the first and the biggest myth when it comes to real estate. Normal people like us think that Investing in real estate means that one is subjected to very high risks. The biggest upside of investing in real estate is that the risk of loss is comparatively very less when compared to regular stocks. The biggest upside is that a property’s appreciation happens over a period of time. So, you can say ‘Bye Bye’ to this myth about real estate! 

2. YOU SHOULD BUY PROPERTY ONLY WHEN THE MARKET IS GOOD.

Fear not, dear friends of the property world! A common misconception looms overhead, it whispers in the ear of potential investors, urging caution, waiting for the perfect conditions to make a move. But do not be fooled! The truth, the shining sunlight amidst the darkness, is this: ‘Real estate is always ripe for investment’. No need to wait for the stars to align, no need to hold your breath until the markets are booming. The time for action is now, whenever now may be. So, enjoy your own property today in between all the other chaos.

3. SCHOOLS ARE USELESS IF YOU DON’T HAVE CHILDREN

We’ll say loudly for the people in the back ‘Schools are a very important criteria when it comes to investing in real estate’. Let us explain it to you. Basically, investing in real estate which is near schools will help you get better returns in future. Investing in a property that is situated among schools is like possessing a precious gem! What we are trying to explain to all the young folks is to invest in a property that is in close proximity to educational institutes…

4. REAL ESTATE CANNOT BE A SOURCE OF INCOME.

Are you shocked that this is a myth? Well guess what, so were we when we first found out about the concept of earning money by converting our real estate property into a coliving haven. YES, you heard that right, people! Now, your property can be a source of money. All you have to do is buy or invest in a property through a trusted company and they’ll take care of the rest; starting from helping you to pick out the best property till converting it into a happening coliving hub. All you have to do is collect revenue generated from your property. But now you might wonder what company is the best?        

Well, we would request you to check  out the following link for a hassle free experience https://www.getsethome.com/xtra-income-home-for-investment   Now, you can enjoy the process of buying your property. Thank us later! WINK WINK.

5. YOU CAN BUY A PROPERTY ONLY IF YOU ARE RICH

The infamous misinterpretation about real estate is that only rich people can afford to buy a house. Let us break it to you! You can buy a house if you are YOUNG, you can buy a house if you are OLD, you can buy a house if you are a WELL TO-DO person! Acquiring a property is an opportunity accessible to all who desire it! And seizing this chance in your youthful prime is a wise and advantageous move. For when one is sprightly and vigorous, their CIBIL score radiates a radiant glow, rendering it easier to bask in the glory of ownership!

6. YOU SHOULD NOT INVEST IN SMALLER CITIES. 

Are you under the impression that investing only in metropolitan areas will bear fruitful results? Well, hold that thought because reality paints a different picture! India, a country in its developing stages, is continuously seeing growth and improvement, constantly evolving. India’s charm is in its ability to offer investment opportunities in areas that are still budding, eventually reaping rewards. So, sit back and relax. 

7. ONLY BUY PROPERTIES IN THE AREAS YOU ARE FAMILIAR WITH. 

People miss out on good real estate opportunities because they don’t know a place well. Missing out on prime real estate opportunities due to unfamiliarity with a locale is an unacceptable outcome. Nevertheless, fear not! When faced with such a condition, we shall conduct research with the utmost focus. But what pieces of information should we know before committing to real estate? We would want to know the following things before investing in a property. 

• The History
• Capital Growth Trend 
• Rental Income Yield
• Stock value on Market 
• Average time to sell

8. YOU SHOULD ALWAYS GO FOR UNDER-CONSTRUCTION PROPERTIES.

Investing in real estate is the smartest investment one can make. The young generation have this misconception that they HAVE TO invest in properties that are under-construction. Venturing into a new project is like stepping into an unknown territory, for no one can truly predict the outcome. Incomplete projects, in particular, carry the risk of non-completion and consequent loss. Whereas, finished projects offer a sense of security, especially with pre-furnished and move-in-ready flats. So, when you settle for a ready-made project, rest assured that you are in safe hands. For those in their roaring twenties or thirties,  amenities such as fitness centers, entertainment halls, swimming pools, and more are a must. While developers may make a lot of promises, one cannot always rely on their delivery. Ready to move-in flats, on the other hand, are a breath of fresh air, as they hold no surprises and deliver what they promise. YOU GET WHAT YOU SEE!

We hope we’ve destroyed the ridiculous myths that have been looming over the world of real estate. Though, investing in a property may seem like a tiring task, the benefits that come along with it are innumerable. Purchasing a property is like buying tickets to a carnival–you get to enjoy the thrill and excitement of owning a piece of real estate. So, it’s time to take the leap and grab your dream investing project! Don’t let all the false talk intimidate you–it’s worth every penny. 

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