Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years. When legendary investor and one of the most richest men in the world Warren Buffett says this, it becomes quite clear that investment is not a short term game.
The same holds true for real estate investments as well. Today, the markets are slackening and most of the experts concede that demand for property has been going down and down.
You must be wondering whether it is the right time to buy property or not but believe it you might not be able to time markets. And it happens most of the time.
However, if we look at the long term prospects of the Indian property markets and the underlying fundamentals of Indian economy, investing in property is the option that can bring suitable rewards for investors in the time frame of 5-15 years.
