In recent years investments by Indians in non-financial assets have taken an increasingly larger share of household financial savings. Data on household savings reveals that the share of non-financial assets has increased from 48% in 2007-08 to 60% in 2013-14. A large proportion of these investments is in the form of real estate holding.
Investment in real estate (over and above house for own use) is a popular investment (often primary) option for many Indian households. This is usually done by purchasing residential apartments or residential plots. Like with gold, real estate is seen as a 'safe investment' by most Indians. So how does one evaluate if this is indeed a wise investment choice?
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