|Good returns from Investment|
Here again one must not go against the mind over matter only. There are also some places that "have the potential for growth" here comes the intuition of the buyers and property consultants.
2) If you want returns sooner from property buy those that are completed projects and running successfully over years. Buying ready possession flats that already have existing owners or renters living is much better than buying a new flat, registering and then finding a renter. Advantages are you know the flats are livable, with all facilities working. You also know the society has this flat registered and all dues cleared, and also you get to fit into the shoes of previous owners and continue with the process except that the names of the flat owner changes. Resale flats are a good option which already have renters looking out for.
3) When buying property flats for investment from working projects the flats which are not ready, the fact that you will get the property in comparatively less rate with booking amount , the wait will continue till the project gets completed. But here again the time lapse and the rise in property rates in that area are a major deciding factor and many investors also prefer to invest here without any hassles of going in renting and allow the investment space to mature by itself while work in progress. You can always sell off after even few years with the profit amount without actually getting a flat possession or living or renting it. So this is more of putting in money and then earning profit by
transferring the property to another buyer.
4) The property bought or given as gift can help to save taxes. Saving money from the first day of your deal there are a number of ways your property consultants can guide you to get maximum benefit from investments in property.
Always hire a good financial consultant and get attached to a great finance company bank as they will be able to guide you, an NRI better according to correct procedures and rules. Property is till date the most sought after and bestest investment, Start earning good returns from your investments.