Investing in gold or investing in real estate or Property. That is the question many individuals are asking themselves. Many organizations seem as if they are attempting to invest in gold as if it is going out of style. So the question remains, which is better for investing gold or real estate.
Individuals can also do what is known as lease options which allows them to get in with no amount of money down. Investing in a rental property will provide a steady cash flow. This is much different from gold because gold is considered dead weight. An investment in real estate will provide a constant flow of cash coming in whereas gold is considered dead weight because it does not bring in a steady income.
The price of gold was Rs. 26200 in March 2015 but the price today is Rs. 26300 there is hardly a .5% growth in the price. Whereas, the house in a decent location in Delhi was with a rent of Rs.15,000 last year; as per the agreement the rent has been increased by 8%, today It is Rs.16200.So, the variation of 8% is a God figure in comparison with Gold Price.
The growing Population and migration of people from one part of India to other are the main reasons for increase in the demand for Property or house renting.
Cities like Bangalore, Pune, Chennai and Kolkata have seen a rapid growth in the rental market; thanks to the Government initiatives in IT Industry creating Special Economic zones for more job opportunities. High demand has been observed in the mid-segment residential properties. Demand from the IT/ITeS sector employees kept upward pressure on rental.
The Demand is set to go up as the builders are delaying the delivery of projects across top 7 cities like Mumbai, Delhi, Bangalore, Pune, Gurgaon, Noida and NCR where the demand is very high
Along with Property Renting, agents and Property brokers are also offering furniture like Refrigerator, AC’s, Furniture, Kitchenware, home decors and other demanded items are also offering on Rent. This will be a New Milestone in the rental business.
More information on Rental Products visit http://www.rentsewa.com and explore the possible rental options across India