Traditionally, real estate has been a preferred investment of the affluent. But in the past few years, returns from real estate have taken a hit. Here’s what experts say on the prospects of the sector over the next 5 years.
LOVAII NAVLAKHI,
chief executive officer, International Money Matters Pvt. Ltd
There are risks in this asset class: dubious title, contentious litigation, lack of liquidity and long duration from intent to buy to completion of sale. The current market scenario could also play a role in keeping the prices subdued for some time.
