Year 2022 has proven to be great about buying an investment property if you've been looking for ways to increase your passive income and diversify your portfolio. Here are five reasons you might want to acquire an investment property to help you get started with real estate investments in Ahmedabad.

Bank is not more Lucrative as Falling Savings Account Rates

After the pandemic, interest rates are being lowered by the Federal Reserve. India’s most utilized bank State Bank of India has reduced savings account interest rates to 2.70% per annum. While it may sound like good news to people who want to borrow money, it is not good news to the ears of savings account holders. As we all know, today there are more people borrowing money from banks than ever. From housing loans to education loans, people are being encouraged to buy now, pay later. While it is easy for the borrowers, these rates are not something that will make the savers happy.

Low Risk, High Returns

We all know about the principle of supply and demand. The lower the supply, higher the demand and higher the demand, higher the price. Investments in lands offer the same benefit. Most investors prefer real estate investments as ones that offer low-risk yet higher returns.

Earn Rent While Also Creating an Asset

Apart from being a patient real estate investor, he can also become a landlord and earn monthly rental income. While the property keeps appreciating in value, it also starts offering a regular income that may pay off the property loan as well. Commercial properties offer higher rental yields while residential properties offer slightly lower rental yields than commercial properties.

When a property is bought at the right time at the right location, it can promise a great return on your investment. When you do real estate investments in Ahmedabad, you can look for developing areas where you get low-cost, but promising rentals and appreciated property value with time. Such areas are Vaishnodevi Circle, Gota, Jagatpur, Shela, Shilaj, Bopal, Bhadaj, etc.

Ganesh Housing Corporation Limited has many projects in Vaishnodevi area. You can browse them on https://ganeshhousing.com/

Increase In Homebuyers

As interest rates are being lowered, today it is easier and cheaper to finance your home-buying decision. People are fulfilling their desires to own their own home, to upgrade to a home that is bigger and better than their previous one. With more people constantly shifting to Ahmedabad city. The real estate sector in Ahmedabad will always have a pool of demand.

Better Homes, Better Returns

Property values have increased in the real estate industry as a result of the favorable changes to its services. The industry today draws homebuyers who are making plans for a secure future and hassle-free living because of the immense benefits and prospects it offers, like stability, future security, good returns, etc. As a result, the real estate sector has become the most preferred option among buyers and investors.

Now that you know why real estate is not just an important but one of the best decisions for investing in 2022, Ganesh Housing Corporation Limited has brought to you great properties that are ideal for rentals, investments and even for living.

• 4BHK & 5BHK Duplex Grandeur Living
• Malabar Exotica Malabar County III
• Malabar Exotica Malabar County III
• Maple Trade Centre

To know more about these projects, go to https://ganeshhousing.com/