New trend is already emerging. With elections on the horizon and debacle of rupee as well as stock market, people are wary about the investments in realty.
Everyone views the investment from their own preferred outcome. The investment needs to be viewed from the realistic point of view and not from the political affiliation. The investments are for preserving the capital and to get good returns. Some think that Narendra Modi is good for the country, so BJP will come to power and base the investment decision upon this conviction. On the other side, people who hate Narendra Modi, thinks that people would never vote for him to be prime minister. And so called political pandits and election astrologers (a.k.a. statisticians) have already making predictions. Whom to believe and how to proceed?
So what should anyone do? Take reality check, analyze risk and reward. Keeping the nose down for the good properties at good locations and beaten down prices is right opportunity. Is this time like 5 years back when the property was down almost 10 - 20 %? NRIs who have invested then are still in profit. So keep cool and start looking for your next investment. The sale will not last long.
Everyone views the investment from their own preferred outcome. The investment needs to be viewed from the realistic point of view and not from the political affiliation. The investments are for preserving the capital and to get good returns. Some think that Narendra Modi is good for the country, so BJP will come to power and base the investment decision upon this conviction. On the other side, people who hate Narendra Modi, thinks that people would never vote for him to be prime minister. And so called political pandits and election astrologers (a.k.a. statisticians) have already making predictions. Whom to believe and how to proceed?
So what should anyone do? Take reality check, analyze risk and reward. Keeping the nose down for the good properties at good locations and beaten down prices is right opportunity. Is this time like 5 years back when the property was down almost 10 - 20 %? NRIs who have invested then are still in profit. So keep cool and start looking for your next investment. The sale will not last long.
