Property Market: This is the best time to sell property. You will get a good price if you sell property in Delhi, Noida, Ghaziabad, Faridabad. Property prices have reached their peak in the real estate market
Property Market: This is the best time to sell property. You will get a good price on selling property in Delhi, Noida, Ghaziabad, Faridabad. Property prices have reached their peak in the real estate market. Big changes are taking place in the Indian real estate market at this time, which has brought a great opportunity for property sellers. Changing economic conditions, changes in buyers’ preferences and new market trends are making this time very special for property owners. Selling property at the right time can be a wise move today. Let’s know why selling property right now can be beneficial.
1. Prices at their peak
Right now property prices are at their highest level in many cities and semi-urban areas. After a long period of stability, now demand, development of basic infrastructure and boom in the economy have increased the prices of properties. For those who bought property years ago, now this is a great opportunity to make a profit. They can take advantage of this rise in property prices and sell their investment at good prices.
2. Increasing demand for ready-to-move properties
After Kovid-19, the demand for ready-to-move properties has increased. People are now preferring properties in which they can shift immediately and there is no more hassle. Especially new buyers and families are looking for such properties. By taking advantage of this increasing demand, sellers can get a better price for their property and attract buyers who are ready to buy immediately.
3. Increasing enthusiasm of buyers
Right now the number of buyers is increasing in the market. Many buyers want to buy property before a possible increase in interest rates. Due to this, there is a boom in purchases. Sellers can take advantage of this enthusiasm to present their home in an attractive way and attract interested buyers.
4. Tax and financial benefits
Selling property at this time can also provide tax benefits. Recently, Long Term Capital Gain Tax (LTCG) has been cut, bringing it down from 20% to 12.5%. This allows sellers to retain a greater share of their profits. This tax change can be a great opportunity for sellers to earn profits and use the money to meet other financial goals.
5. Right market timing and investment opportunities
The real estate market goes through ups and downs, and right now the situation is in sellers’ favour. Taking advantage of the current market conditions, sellers can make good deals and put themselves in a better position for future investments, whether it is upgrading the property or making a new investment.