Articles
Best Investment Option in Goregaon
by Chandak Group 2/3/4 BHK Apartments in MumbaiAll of us are toiling each day of our life for our bread and butter. We Indians might be a bit too frugal to splash money as we all believe in saving for the rainy day. Yes, we do that for our assets and savings. Our backup plan for retirement, kids studies, etc. We all want these savings to grow as we grow older too. But at the same time, we avoid taking the risk. If this sounds like you, then don’t be surprised because 75% of India thinks like that too.
There are a plethora of investment options available in the market today, many promising to double or even triple your amount in 4-5 years. But please don’t fall for these gimmicks. It is your hard earned money, make sure you invest it in the right place. There are many investment options such as stocks, government bonds, fixed deposits, gold, and real estate to name a few. Our suggestion to get the best ROI is by investing in real estate.
Why real estate?
Everyone needs a home to relax after a hard day at work. Every day the demand for real estate is growing, be it home, office, or plot. But the land is limited. It cannot grow. So what happens next? The prices of land and hence property keep increasing. This may not happen overnight, but definitely over a period of time. Some areas show a steep rise in real estate due to major developmental activities, better connectivity, etc., while in some other places this growth is bit slow. Let us look at a very well-known Mumbai suburb, Goregaon. If we were to analyze the rates for 3 bhk in Goregaon or 2 bhk flats in Goregaon, then we can see that the property rates have almost doubled in the last 10 years. So a property bought for 2009 in 1 Crore is worth 2 Crore today (2019). So now you know why real estate.
What to look for in a property
Like any other investment plan are subject to market risk, real estate also has its own share of risk. But the catch here is to keep calm and hold on to our assets for longer. Here are some pointers to help you make a learned and profitable decision.
Know your budget and then decide to invest in commercial or residential buildings. Check out the online portals for the approximate pricing in the area to get a price idea. You may try to search for 3 bhk flat in Goregaon west or 3 bhk for sale in Goregaon west based on your choice of area.
Go for a reputed builder. Always remember to go with renowned builders and check their old and new properties. For something in Mumbai, I would personally recommend residential apartments by the Chandak Group. Their properties sell like hotcakes and have a pretty high resale value as well.
Locality is another important aspect to look for. Do some research, to find out what are the new and upcoming developments in and around the area. These may increase or sometimes even skyrocket the property rates. Selecting an area can be quite challenging and you will have to go with your gut feeling. Going in for well-developed areas like Goregaon would mean your investment is safe, it may not grow exponentially but it will still grow. Apartments in Goregaon West have seen a steady increase in rates with inflation. But if you were to invest in some upcoming area, then with years and development the rates would definitely soar. But again the risk is there, what if there are no major developments happening. The property rates may not increase or remain stagnant. So study carefully and then take the decision.
ROI and how to maximize it
ROI or the return on investment is what we are most worried about. Our focus is always on this one word. ROI and risk are more often than not inversely proportional to each other. The key here is to convince yourself to strike a balance unless you are ready to take higher risks. They say a bird in hand is better than two in the bush. So my two cents would be to strike a balance.
You start by searching for hot selling properties in a particular area where you plan to invest. For e.g, 3 bhk flat in Goregaon West or 2 bhk in Goregaon would be an ideal choice since they are very much in demand both for resale and rental purpose. Goregaon is one of the most well-developed suburbs of Mumbai, residential Apartments in Goregaon west are always in demand. These are likely to keep your investment safe and ROI steady. Same would be the case for residential property in other areas by reputed builders like Chandak Group. There may be some less known builders whose properties are available at cheaper rates. This again would be a risk, for we do not how well it is built or if there are any problems in the property. Remember quality pays in the long run.
Finally, there is something called destiny and luck. All of us want our investments and savings to grow. Let us all do proper research into every minute detail related to our investment. Let us not jump into something because a friend or family suggested. Your money your decision. Be positive and remember to follow your heart and mind. Lastly, also remember to stay calm and hold on to your investments. Do not expect your investments to grow within a fortnight.
There are a plethora of investment options available in the market today, many promising to double or even triple your amount in 4-5 years. But please don’t fall for these gimmicks. It is your hard earned money, make sure you invest it in the right place. There are many investment options such as stocks, government bonds, fixed deposits, gold, and real estate to name a few. Our suggestion to get the best ROI is by investing in real estate.
Why real estate?
Everyone needs a home to relax after a hard day at work. Every day the demand for real estate is growing, be it home, office, or plot. But the land is limited. It cannot grow. So what happens next? The prices of land and hence property keep increasing. This may not happen overnight, but definitely over a period of time. Some areas show a steep rise in real estate due to major developmental activities, better connectivity, etc., while in some other places this growth is bit slow. Let us look at a very well-known Mumbai suburb, Goregaon. If we were to analyze the rates for 3 bhk in Goregaon or 2 bhk flats in Goregaon, then we can see that the property rates have almost doubled in the last 10 years. So a property bought for 2009 in 1 Crore is worth 2 Crore today (2019). So now you know why real estate.
What to look for in a property
Like any other investment plan are subject to market risk, real estate also has its own share of risk. But the catch here is to keep calm and hold on to our assets for longer. Here are some pointers to help you make a learned and profitable decision.
Know your budget and then decide to invest in commercial or residential buildings. Check out the online portals for the approximate pricing in the area to get a price idea. You may try to search for 3 bhk flat in Goregaon west or 3 bhk for sale in Goregaon west based on your choice of area.
Go for a reputed builder. Always remember to go with renowned builders and check their old and new properties. For something in Mumbai, I would personally recommend residential apartments by the Chandak Group. Their properties sell like hotcakes and have a pretty high resale value as well.
Locality is another important aspect to look for. Do some research, to find out what are the new and upcoming developments in and around the area. These may increase or sometimes even skyrocket the property rates. Selecting an area can be quite challenging and you will have to go with your gut feeling. Going in for well-developed areas like Goregaon would mean your investment is safe, it may not grow exponentially but it will still grow. Apartments in Goregaon West have seen a steady increase in rates with inflation. But if you were to invest in some upcoming area, then with years and development the rates would definitely soar. But again the risk is there, what if there are no major developments happening. The property rates may not increase or remain stagnant. So study carefully and then take the decision.
ROI and how to maximize it
ROI or the return on investment is what we are most worried about. Our focus is always on this one word. ROI and risk are more often than not inversely proportional to each other. The key here is to convince yourself to strike a balance unless you are ready to take higher risks. They say a bird in hand is better than two in the bush. So my two cents would be to strike a balance.
You start by searching for hot selling properties in a particular area where you plan to invest. For e.g, 3 bhk flat in Goregaon West or 2 bhk in Goregaon would be an ideal choice since they are very much in demand both for resale and rental purpose. Goregaon is one of the most well-developed suburbs of Mumbai, residential Apartments in Goregaon west are always in demand. These are likely to keep your investment safe and ROI steady. Same would be the case for residential property in other areas by reputed builders like Chandak Group. There may be some less known builders whose properties are available at cheaper rates. This again would be a risk, for we do not how well it is built or if there are any problems in the property. Remember quality pays in the long run.
Finally, there is something called destiny and luck. All of us want our investments and savings to grow. Let us all do proper research into every minute detail related to our investment. Let us not jump into something because a friend or family suggested. Your money your decision. Be positive and remember to follow your heart and mind. Lastly, also remember to stay calm and hold on to your investments. Do not expect your investments to grow within a fortnight.
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About Chandak Group 
2/3/4 BHK Apartments in Mumbai
6 connections, 0 recommendations, 25 honor points.Joined APSense since, March 2nd, 2019, From Mumbai, India.
Created on May 18th 2019 23:58. Viewed 353 times.
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