5 tips to reduce real estate investment risks: Atul Goel
- Jun 04, 2022, 12.45 PM
- DealMoney News Service
There are the 5 tips that can help to manage & systematically reduce risk in real estate investments, according to Atul Goel, MD, Goel Ganga Group.
Indian real estate is staging a spectacular comeback as demand is soaring in most of the major cities in India. Conducive market conditions, bullish economic sentiments, and lower interest rates are further dovetailing the market in a positive direction.
Goel added that it is important to analyze and scan the market before making any substantive investment. Investors should learn about the demand-supply, potential demand, future trends in the market, etc. to access the probable appreciation.
It is advisable to invest across geography, rather than concentrating in one market. In a country like India, despite aggregate trends, regional disparities exist.
Like geographic diversification, one should also invest in numerous assets to reduce market and economic risk, stated Goel.Over the past 5-7 years, developers’ credibility is becoming very essential.
"Unlike the stock market, one should have a medium to the long-term horizon at their disposal to reap the benefits of the investment," added Goel.
