5.8
Real Estate Mutual Funds
A NEW WAY OF INVESTING IN REAL ESTATE
REMF in India
Owning a home is an ambition common to most of us. Most of us buy a home to live in it. But there are a few who buy real estate as an investment. This was the state of affairs till recently. However, with the introduction of Real Estate Mutual Funds into Indian markets, things have become to change. Now investing in real estate is not the hobby of just wealthy businessmen. Ordinary salaried class has also understood the math behind investing in real estate funds. Moreover, if you decide to be a visionary and buy land cheap in the suburbs, the area may remain undeveloped for ages. Most important, are you ready to go through the endless legal ordeal? What about checking title deeds and no-objection certificates? Can you afford the time and expense involved in buying more land? It is because of these reasons, real estate funds are gaining popularity in India.
Advantage realty funds
Real estate mutual fund, it’s a simple idea, and works like any other mutual fund. A number of people invest small sums and
398