Shahid Balwa Reveals: Important factors for a successful real estate investment

Real estate investment can turn to be quite a successful step if one ticks all the right boxes and makes the right choices. To earn profits or reap the benefits of your investment, you need to ensure that you have your priorities clear and your funds in place before taking the final step. A number of variables can influence your decisions. Shahid Balwa of DB Realty fame has stated that with such a huge inventory of properties available the investor needs to determine which one to purchase based on his/her requirements.

We have listed below the important factors that ensure a successful real estate investment and get you the required results.

1.      Location: Location is the key to any real estate investment. The area, prices and standard of living are all interlinked. The prospect of buying a property due to its low rate in a declining area is one of the biggest mistakes any investor can make. You need to look for areas that provide an excellent family life with educational institutes, medical establishments, shopping centers and malls etc. Overlooking these factors to save onto the money is a humungous mistake. The inconvenience caused later on will cost you more.

2.      Long Term: Investing in real estate is a long term prospect. You can’t expect to invest your money in a property and within the next 5-6 years look for a new opportunity. You can rent the property and through this income you can work on the repair and maintenance of the same without having to spend from your regular income. Plan your future and invest accordingly. A minimum of 5 year course should be clear to you before you invest in a property. It is not something you can take back easily.

3.      Local: Stick to the place you live in or your home town. Don’t invest in another state or country as this leads to a lot of travelling and distance maintenance. After a point this becomes more of a liability than an asset. It also helps you choose better as you are aware of the locality and the pros and cons. You can visit the property whenever required without much planning or hassle. It is always wise to know the area and be aware of the surroundings of your property.

In case you’re planning to buy a property in Mumbai or Pune, DB Realty is a great option. Shahid Balwa led real estate company, this group has a lot to offer in terms of location, modern designs, and exquisite architecture, all well within your budget. 

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Created on Nov 5th 2019 02:59. Viewed 555 times.

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