Tipping Point: Buy a house before the window of opportunity closes

Recent numbers show that the worst may be over for the residential market.

Prove that you tried to find a tenant for empty second house or pay tax
Business Standard
Last Updated : Feb 07 2019 | 12:05 AM IST
Should you buy a house now? 

The best investments in any asset class are made when it is viewed unfavourably by the majority of buyers and investors. The residential real estate market still fits the bill. However, you need to act soon before the window of opportunity closes. Despite lower launches, sales momentum has picked up in almost all the cities except Gurugram, according to PropTiger DataLabs. Total sales of the top 9 cities increased by 30 per cent year-on-year. 

Unsold inventory of top 9 cities reached the lowest level in the last 13 quarters. Recent numbers show that the worst may be over for the residential market.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story