Leaving behind SIP, gold, and Bitcoin, Indians continue to prefer THIS investment option
home loan EMIs have been pivotal factors in convincing tenants to invest in their own homes. The report also threw light upon the continued reliability of the real estate sector for investment among Indians. In the survey, it was found that 74% of respondents found real estate as a better option to invest in compared to other options like gold, bitcoin, etc.
13% of respondents found gold as a preferred option, whereas 12% found SIP and stock market investments as a better option. Only 1% of respondents found Bitcoin as a preferred way of investment. Underlining a significant rise among non-resident Indians (NRIs) in India's real estate sector, the survey found that more NRIs are interested in buying homes in metro cities.
Out of them, Bangalore and Mumbai continue to be the most preferred destinations for NRI buyers. Most of the NRI buyers have kept their budget above ₹1 crore for buying property. The survey revealed that around 79% of respondents have said that they check the Vaastu of a house before buying, and 39% check before choosing to live in a house on rent.
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