Page 11 - Weaver Magazine | Volume 17 - January 2023
P. 11

VOLUME 17 I JANUARY, 2023



           E X P E R T ' S   V I E W



          BEFORE



          INVESTING ON


          A PROPERTY!





                By-Ajay Singh, CMD,
                Ashirbad Engicon Pvt Ltd
       A


               jay Singh is one of the many special genuine
          estate  entrepreneurs  who  have  authentically
          lighten  Bihar’s  real  estate  market,  and  has
          transfigured Patna’s skyline. He has revolutionized
          the  authentic  estate  assiduity  in  the  state  and
          carve a fame in the form of Ashirbad Engicon Pvt
          Ltd is a ISO certified company. Under his suitable
          guidance, the  Group has come a long way and is                        Investing in real estate
          apperceived  for  their  ultramodern  state-of-the-       PROS
          art mixed-habituated township systems in various              Less risk and volatility than the stock market
          part  of  Patna  and  around.  Humble  by  nature,            Can be a good source of cash flow
          simple by attitude and Bihari by heart is the man             Tax benefits
          who could full fill dreams of thousands of people             Properties give good long-term return
          who wished to buy dream home at their budget.
          With  his  vast  experience  he  enlighten  the           CONS
          Monomousumi Correspondent. According to  Ajay                 Not suitable for aggressive short term return
          Singh  Real  Estate  can  be  categorized  as  -              Require an initial investment
          Residential,  commercial,  Land  and  industrial  real        Poor liquidity
          estate. There are pros and cons of investing your             Dealing with tenants and building issues can
          money  in  real  estate  business.  Real  estate  yield       be annoying sometime
          better result with time, however, there are many
          factors. The location is the primary consideration                      Most Important Factors
          as per the requirement of buyers. The location will
          also help to determine the resale price for future          Location
          based  on  upcoming  new  infrastructure  and               Access to public transport facility
          proximity.    For  Example,  the  location  of  Rose        Busy or noisy streets may put off potential clients or
          Valley  Project  of  Ashirbad  Engicon  Pvt  Ltd  is        impact prices, even if the area is top in the  market.
          carefully   selected   by   considering    all   the        Proximity of school, hospital and other essential
          parameters     suitable    for    residential   and         infrastructures
          comemricial needs.
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