Real Estate And Your Financial Planning
Pune, 22nd January 2023: When planning out investments, people are (rightfully) confused about where and how to start. Initially, people often begin with small fixed deposits, Mutual Fund SIPs, or Stock markets until they reach a substantial earning phase and their basic luxury things like houses, cars, and gadgets. Now, the thought process about making sizable investments and the natural first thing to come to mind is REAL ESTATE, as people expect lucrative returns in recurring form and long-term appreciation, explained CA Rohit Kulkarni of K Rohit and Associates.
While looking for lucrative returns and investment opportunities in real estate, always plan to analyse your finances. The real estate sector is bound by many factors like government regulation, liquidity of developers, and hidden litigations in the land – these can postpone your earnings substantially and hamper your liquidity. Better information equals better decisions – Always remember you know your finances very well, so it does not make any sense to invest merely because your friend has invested in real estate. It cannot be a trigger point to invest in real estate.
