Due to various reasons, real estate has always been a popular investment option for several people. It provides a sustained flow of income for a long period. There are two main types of properties available for us to invest: residential and commercial.
Housing loans are one of the largest and most profitable loan categories for banks. When a bank provides a housing loan, it can earn interest on the loan over a long period of time, typically 15 to 25 years’ duration. This can provide a stable and predictable source of revenue for the bank.
The traditional investments typically include assets that are relatively stable and have a long history of generating returns for investors. They are Stocks, Bonds, Real Estate, Commodities, Mutual Funds and Exchange-traded Funds etc.
Certainly, this larger than any other tradition investment options currently available in the market. Investing in commercial property can be a viable investment option for several reasons.
Second largest economy among the Indian states, Tamil Nadu is one of the fastest-growing states in India. A diverse economy that includes manufacturing, services and agriculture, the state is home to a countless number of large multinational corporations like Hyundai, Nokia, Ford etc.
Governments and local authorities can earmark specific areas for agriculture and curb any kind of development in those designated areas. This can prevent the loss of agriculture lands being misused. They can also ensure those earmarked land is used only for the intended purpose.
