But it makes sense to buy a home or a commercial shop if you are using it for living or you have a business running in your shop. Which means it should suffice the primary need of shelter.
Equity based mutual funds in terms of investment option have performed well, compared to that of real estate, over the years.
Lets see this with an example.
My friend's dad once bought a flat for investment purpose in the year 2007 for 21Lakhs. It was a cozy little 1-bhk flat situated in the budding areas of Pune. He met me few days back, he said that "yaar, abhi mere flat ki value 50 lakh ho gayi hai, more than double in 10 years" he said it with a smile. I said okay. :)
If you look at it closely then his flat in Pune has generated just 13.8% annually. If his dad would have invested the same amount in a good balanced fund in the year 2007 then his Rs.21,00,000/- would have been Rs.90,78,752/- (HDFC balanced fund) at 15.01% CAGR, which is much more than the value of his flat today at Rs.50,00,000/-.
For more details contact:
Samarth Holdings.Phone: +91-9561733111
Email: chouguleanup@gmail.com
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