Things to Know and Consider Before Investing in Real Estate

Real estate is one of the most popular investment avenues and has been so for a long time. This is because, as an asset class, real estate is both lucrative and quite safe. The value of real estate investment is not subject to as much fluctuation as stocks and shares. On the other hand, real-estate typically yields higher returns than fixed and recurring deposits. Real estate also provides the buyer with a tangible asset, which many people prefer over portfolio investments. Real estate can be of two different types:

· Residential real estate: These can fall into different categories such as villas, flats, apartments, condominiums, mansions, etc. A residential property can belong to a single family or to multiple owners such as in the case of a multi-unit apartment building. This type of property is typically used for accommodation, be it by the owner himself or by a tenant renting the residence, and the property should have the following features.

· It should have all the amenities required for a comfortable life in the modern world.

· It should not be far from essential facilities such as schools, hospitals and supermarkets.

· It should be spacious and comfortably furnished to ensure the wellbeing of residents.

· Hi-tech, round the clock security should ensure the safety and welfare of residents.

· Unhindered supply of water and electricity should be available to ensure convenience.

· Facilities such as swimming pools and well-equipped gymnasiums should be present to enhance general quality of life of the residents.

· Commercial real estate: This essentially comprises of buildings or land that are meant to generate profit for the owner through some type of commercial activity. Examples of commercial real estate include offices, factories, hotels, shops, malls, warehouses, etc. They can be used for a variety of commercial activities either by the owner himself or by his tenants. The essential features of such properties are follows.

· It should have adequate parking facilities for employees, clients and visitors.

· It should provide adequate space so as to accommodate the staff and equipment of the business.

· It should be located close to a commercial hub and must be well connected to every part of the city.

· It should be accessible from all parts of the city so as to make the commute easier for employees and customers.

Hence, if you would like to purchase premium residential or commercial real estate property in Gurgaon, Noida or any other part of the NCR, then you should contact a reputed real-estate company operating in the region and check out their latest projects.