
Blog 5
We, at Real Rich, have been one of the loudest voices advocating for Indian investors to get into the real estate market. However, as with any other field, investing in real estate is an exercise that is surrounded by myths. These myths, whether they be hopeful or despairing, are not helpful to a new investor! Today’s article aims at dispelling the 5 most popular myths about Indian real estate.
Myth 1 – The real estate market is a stagnant market
This is something that we have been at pains to communicate! The market in India is not only NOT STAGNANT, but it is actually one of the MOST GROWING real estate markets in the world. With India literally being built now, new buildings – be they residential, commercial, high or low end – are continuously being built. This means that an investor has lots of options to choose from.
Myth 2 – To invest in the market, one needs a lot of capital
This could not be further from the truth – especially in a country like ours, which has so many affordable housing projects and low-density commercial enterprises. Yes, the “big earner investments” will require a lot of capital, but one must start somewhere! If the first time investor was to make use of all the tools at their disposal – such as home loans or the aforementioned affordable housing projects – they will be able to make their way up the real estate ladder and eventually begin to pursue those “big earner investments” later.