Is buying real estate a profitable idea?

“Improvement in the overall economic sentiment coupled with liquidity due to a recent upswing in the equity markets have renewed consumer confidence in real estate,” says Sukhraj Nahar, chairman, Nahar Group. “Residential real estate in particular has always been a safe investment option. It holds true even today,” he adds.

Developer Vijay Wadhwa advises parents to opt for real estate as long-term planning for their child's future. “Especially for parents of the girl child,” he says.

“Real estate is probably the best long-term investment one can make. It remains in your child's name, and the appreciation in value over the years makes it a safe and secure option. Or even while planning for your old age, real estate is always an asset,” he adds.