How Many Types Are Real Estate
Real estate investment is a widely used way to generate wealth everywhere. There are numerous kinds of real estate options. SIG Real Tech is your go-to partner if you need information about any kind of real estate investment.
Let us take a look at the different types of real estate listed under.
1) Residential Real Estate
Under this category, all kinds of apartments, single/multi-family homes, villas, condos, etc are a part. Each of these options under residential real estate in Delhi brings with it different prospects if you consider it from an investment point of view. For example, villas and independent houses’ prices increase because of the increase in land value but the price of apartments sometimes does not witness sufficient appreciation after 10-15 years of use, so they have to be sold in 5 to 7 years.
2) Commercial Real Estate
Properties like shopping centers, office areas, restaurants, schools, and hospitals are some of the popular commercial real estates in Delhi that we know. Investing in them is high on pocket when compared to residential properties, but there are better chances of profit generation. Always seek the guidance of a proper real estate investor before you make such decisions.
3) Industrial Real Estate
Buildings and factories that manufacture goods are known as industrial real estate in Delhi. They are situated away from the city generally. It may be a somewhat tricky affair if you invest in it as it is tough to figure out the capital investment. Renting such a unit might also be tedious. It is also important to abide by the laws on industrial establishments.
4) Land investment
This is one of the cheapest and very secure real estate properties in India. If you purchase a piece of land for investment, you may have to have quite a few surprising ideas that may help to generate passive income. But you can still consider investing in it as the rates could increase by multiple times in the future.
Consider all the options and then opt for the one that is the best suited for your needs.
