4 Factors To Consider While Investing In Calicut’s Real EstateDecember 17, 2017
The context of buying a property can be either for personal purposes or as an investment which is expected to give good returns in the future. While both of these are guided decisions, investing in a real estate asset should have goals and objectives defined to make a good deal out of it.
Following are the 4 factors that should be evaluated before investing in a real estate properties in Calicut.
A thorough research of the location is of utmost importance while buying a property only for investment purpose. Newly developing localities like one in the outskirts or suburbs help earn healthy returns in the future. Even though these emerging locations might not be fully equipped with amenities and social infrastructure, they offer low entry price and so better price appreciation.
2. Stage of construction
When looking for quick returns, economically it is sensible to opt for a project at pre-launch or launch stage. If there is no surety regarding timely delivery, the investment can be withdrawn and put into another property. And if the buyer is willing to wait till the time of possession and then withdraws, he can reap maximum benefit.
Suburban and peripheral areas may not always enjoy the best of infrastructure. So, it is vital to ensure before investing that the area is included in the main city’s master plan. Also, a prospective investor can research whether there are attractive projects announced by the government in that area, which will improve its appreciation value.
4. Property type
It is recommended to invest in a property type that is of high demand in the market to garner healthy returns. An exhaustive online research, interaction in real estate forums and contacts with property consultants will help determine the current trend. In metro cities, 2 and 3 BHK apartment complexes are most sought after, while in smaller cities, independent houses are always the favourite.
Ladder Mankav Greens, the flagship apartment project of Ladder Kerala, one of the leading real estate builders and developers of luxury flats and apartments in Calicut for sale, offers excellent opportunities for prospective buyers looking for the perfect investment in Kozhikode. Situated at a prime location in the city, these ready-to-occupy apartments in calicut that are laden with world-class luxuries and loaded with the best of urban lifestyle amenities, assure healthy return of investment in all aspects.