Investment options in India
As a 39-year-old with decent middle-class background am here expressing my views and experiences with Investments and Savings for Future in India. Real Estate - my experience says real estate is a good investment only if its in land/ plot in municipal approved layouts and with clear deeds. Apartment Flats/ Gated societies do not count as investments but count as good to live places. So don't be confused between them - real estate is a very generic term. Why apartments and gated communities are not a case for great investment is because the quality is not like earlier era (built to last a 100 yrs). Today most new structures would last only 10-15 yrs and then become burden to maintain. There is a unlimited supply of such apartment flats- builders launch projects every day - suburban areas are plenty. But if you are willing to stay in there for 10-15 years a new ready to move apartment is a good choice. Rest sell it and move to new one after that 15 years span. Whereas the ...