TruEstate reposted this
‘The best indicator of how much a property will appreciate is its micro-market.’ You would think that this is pretty intuitive right? Nice neighbourhoods to live in are always in demand so obviously prices will go up! Not exactly. For eg - an area which is great for a homebuyer to live in today might not be the first choice for a real estate investor who is looking for an IRR of 20-25% in 3 years. Investing is all about understanding risk. In part 1, Aditya Kamath, our guest author, covered evaluating developer risks. In part 2 of our series on evaluating risk in real estate investments - we’re covering different aspects of the micro-market in which a project is located and how they affect prices. Do have a read (link in comments) and let me know in the comments about exciting new micro-markets that you’ll are bullish on :)
Real estate Investment
5moread our blog here - https://www.truestate.in/blogs/Evaluating-early-stage-risks-in-RE-projects---Pt-1-KvmQYCFv6W9YIKiaBfOB