How to Gain High ROI from your Real Estate Investments?

Have you been looking up flats in Virar for investment purposes? Is your list of builders and developers in Mumbai increasing by the day and you have little idea how to go about your investments to make sound profits? If the answers are in the affirmative then apart from searching for the best property rates in Virar and other areas of Mumbai, it is important that you keep certain points of consideration in mind as well.

Gain High ROI with Best Real Estate Investments

The flats in Virar that serve to be ideal for investors are the ones that offer a capital appreciation of at least 10 per cent per annum. Also, it is recommended that you look up those builders and developers in Mumbai who have existing or upcoming properties in the most coveted locations. As Return on Investment in context to real-estate is linked to the locational advantages of the properties in the reckoning, it would pay to go with them eventually. The points given below will guide your purchase after you have checked out the feasible property rates in Virar. Take a look.

1. Make Investments in High Growth Areas Only

Instead of investing in an area that is already saturated with real estate investments, it would give you good returns to buy property in fast-growing areas. Also, the cost of property in areas that are already thriving and well-established will obviously be more and probably out of your reach. As the cost of land in high growth areas is comparatively less than in their well-established counterparts, you can look forward to buying a bigger sized property to suit your residential property requirements to the core.

You need not compromise in any way by moving into a small apartment to spread out your investment costs. It is a given that properties in prime areas in Mumbai have reached their optimum value across a defined time frame and may become stagnant in due course.

2. Check out the Amenities

The properties on your list should offer general amenities and features for value addition. In case the amenities are not available within the premises, they should be ideally located in the neighbourhood or in nearby areas for the convenience of all. Projects with a shopping complex or multiplex in close proximity is a plus. The same goes for other general amenities like an open area, swimming pool, parks, playgrounds for kids, etc. If these amenities are easily and freely available to residents then the value of their property would increase appreciably over time.

3. Easy Accessibility to Public Transport

The properties connected to public transport are a big ‘yes’ for investors looking for residences with purchase or rental options. For instance, in Mumbai, proximity to local railway train stations is a big plus to enable easy commuting and adds to the ROI of any property.

Real estate investments are to be done with care and after delving in deep research with regards to value appreciation, property rates of competing builders and construction companies in Mumbai, etc. Are you game?

Sonali Patel has worked in several reputed real estate companies in Mumbai. Currently, she has expert knowledge and wrote blogs about real estate trends and give tips on buying flats in Mumbai.