Should you buy a home during the COVID-19 pandemic?

Benefits of investing in real estate Lending rates are at their lowest The Reserve Bank of India had announced a cut in the repo rate, which will bring down home loan interest rates, as most of the banks have launched repo-rate linked home loan products. At present, the repo rate stands at 4.4%, the lowest ever. For those who have sufficient liquidity to invest, this could be a perfect time to strike a deal and get your home loan approved before things get back to normal. Possible negotiations Builders and property agents are desperate to clear their inventory, to generate …

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Why should you invest in real estate during this pandemic?

Amid coronavirus pandemic, real estate has once again emerged as the safest investment option. For Indians, owning a home has been traditionally considered a matter of prestige as well as safety. A preference for paying rents as against making long-term investment commitments in homes gained prominence. A higher rate of interest on home loans and the argument that it is cheaper to rent than buy a house. However, the coronavirus pandemic that we are facing right now will change the mindset. For starters, the ownership of the house brings with it an unmatched sense of security. The people will seek …

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