Why This is the Best Time to Buy a Home in India
The real estate market in India has seen multiple ups and downs all through the years. The market for real properties in the country depends upon a lot of factors, including the economy of the country, the government schemes, income trends, and even a good financial season. Given all of that, not all times provide favorable market conditions for the home buyers to invest in the property. However, owing to a series of developments in the past few years, it can easily be gauged that now is a very favorable time for home buyers looking to invest in a property to take the plunge, go out a buy a home. Here is why we are saying so: End-user at the Advantage Though there has been a minor increase in the interest rate on home loans recently, the rates are still much lower than what they were 5-6 years ago. On top of that, owing to the government’s push to promote affordable housing for all, several new tax exemption rules have been brought in, putting the end-users, i.e., the ...