With the rise in population, an aspect that is sprinting towards scarcity is land availability. This scarcity has now translated into an undeniable demand for land, thereby raising the importance of land ownership and real estate in Guwahati.
Visit any real estate site or agent, and the market is full of both buyers and sellers. In this chaos, one can often be confused with the number of options at hand. Be it purchasing raw land in Guwahati, investment in apartments, condos, commercial space, etc.
Though all of these have their ups and downs, there are still a few safe options that you must award top priority. To help you ascertain these options in the real estate of Guwahati, here are our top 3 picks for the best real estate investment in Guwahati.
Rest Estate Guwahati- The 3 Best Investment Options
- Residential Real Estate
As the name suggests, these real estate types are made for living arrangements. The investment types are generally family homes, apartments, duplexes, condos, villas, etc.
One of the main reasons why residential real estate is incredible is its constantly increasing demand and easy high resale value. Because of this feature, this is also a brilliant business opportunity.
Many individuals flip homes, buy and sell homes to make a great commission or profit. This adds to an attractive exit strategy from a residential real estate market as well. Furthermore, proper shelter is a basic necessity of life that further appreciates the residential real estate value.
- Commercial Real Estate
Commercial real estate are establishments that are occupied for economic activities. These can be offices, retail shops, industries, malls, etc. The commercial real estate of a community can increasingly have a positive effect on an area.
More commercial estate denotes the development of a region that correlates to the value of a place. This, in turn, raises the price of the homes, land in and around that area. In short, one can conclude that commercial real estate is vital for the development of a region.
Furthermore, for the investors, investment in commercial real estate can bring in more and more profits. Here, buying and renting out commercial space is a great profitable business with limited competition.
The limited competitive element is courtesy of the big investment requirement for buying commercial real estate. Though one can have a hard time getting into this market for financial reasons but for those who can afford it, commercial real estate is really the place to invest today.
With the booming economy, there will always be individuals looking to buy or rent space. This means you won’t have to look around much to get your money’s worth back with a profit.
- Land Investment & Construction
Rounding up our top 3 picks for real estate investment options in Guwahati is raw land investment and construction. Here, these two are different concepts. Raw land is the investment made in idle land and keeping it for resale or rent. Construction is buying a piece of land and constructing real estate on it for resale or rent.
Nevertheless, both of these investment types tend to churn out big profits.
Raw land is attractive for its blank canvas-like attitude. Buyers looking to make something of their own find this type of land very attractive. Construction is an equally attractive option for those who are not looking to take up the efforts to make something of their own.
But be cautious of the locations of these investment regions. It is one of the main aspects determining the value of the plot or construction. Be sure to pick a region with good connectivity, a thriving neighborhood, good neighboring infrastructure, etc.
Related Article: 8 Land Buying Tips To Get The Best Deal
These were our top three picks for the best real estate investments in Guwahati.
If you’re keen on investing, then we have great news for you!
NE Green Orchid, the upcoming mega township project in Guwahati, has offerings of all these investment types. We’re one of the biggest proposed township project of the city in both area and luxury!
Conclusion
The Real Estate Market in India grew at a rate of 11.2% from 2015 to 2020, according to a study published in Statista. Guwahati is no exception to this case either. The market is looking at stable growth that is secure for the greater part of the foreseeable future. If you’re looking to get into the Guwahati real estate market, now is the time to invest.
Meta Description: There are endless opportunities to invest in the real estate Guwahati. But, are they all good? No! We list out 3 of these best investment opportunities here.
