Home buyers in India can be classified into two broad categories (a) users who buy the property for self use and (b) users who buy to grow their capital. Real Estate has grown as an asset class with more and more buyers looking at it as a preferred INVESTMENT option.
Keeping the needs of these buyers in mind, Makaan.com has rolled out the ‘INVEST’ tab on their site. The ‘INVEST’ functionality, which is currently in beta version, allows users to search properties that have given higher Rate of Appreciation (RoA) in the past years. Users can refine their search based on other popular filters like geographical preferences, budget, property type etc to arrive at a suitable shortlist.
How this new functionality will benefit Investors:
Speaking on the occasion, Aditya Verma, CEO Makaan.com said, “home buyers who want a property for self use, look at current and future requirements of their family, to zero down on the property specifications. The criteria for INVESTMENT is different and therefore there was a need for a differentiated product offering. We are sure, new INVEST functionality, the 1st of its kind in the Indian market, will cater to this need effectively and help a already large and growing population of people, realize their INVESTMENT dream.”