We all know the proven facts about the real estate
- 53% of the world’s wealth is in real estate
- 90% of of all millionaires achieve this status through owning property
- It is the third most basic requirement of human needs (रोटी, कपड़ा और मकान)
- It is the oldest, biggest and safest asset class
- Real, tangible, physical, can’t be lost or stolen and carried away.
- It is the steady and passive source of income with capital appreciation against inflation
- Pride of ownership, sense of security and peace of mind
- No capital erosion, capital loss, or sudden capital loss because it has low or no impact of news and rumors as you are the owner and controller of your property.
- One can own with as minimum as 10% to 20% making down payment.
- One can live, rent, sale or refinance it
- Leverage of bank loan and Tax benefit