While financial products are gaining ground with investors, real estate and gold continue to hold strong. In fact, to unlock the value from the physical gold that many Indians hold and to reduce gold import, the government launched the Sovereign Gold Bonds and Gold Monetisation Scheme in 2015. In the past few years, real estate investments too have witnessed a steady decline as capital values have remained stagnant. But given the current valuations in the metros apart from the one house for self-use, real estate investments don’t make economic sense. Read more here: Getting that real estate kind of feeling again?
Source: Mint April 02, 2019 12:45 UTC