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So in the backdrop of soaring realty prices high interest rates, stock market volatility and firming up of bank of FD rates, the big question is whether investment in real estate still a lucrative proposition? Also when the real estate markets are in correctional mode and headed for value zone, it is equally important to know whether one should postpone the decision to buy property in India and whether one should hold on to the existing property or sell it off.

Anuj Puri, a strong votary of real estate investment says that even in the present scenario, real estate India is a best bet for long-term investment. It has stable income yields; moderate capital appreciation with tax benefits and security of having a tangible asset. Puri’s viewpoint is endorsed by the finding of a latest NSSO survey on asset purchases. It reveals that land occupies 38.5 percent of the total value of assets in India while buildings from 37.8 percent.

Maj. Gen. Jayant Varma, ED, (North) of Knight Frank India says that real estate investment will still be a positive investment particularly as the demand for residential and commercial real estate India is still fuming up with retail and IT triggering residential real estate boom.

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