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The Ever Glittering Gold-Real Estate
The Real Estate and Gold were always been the best choice of investments for the Indians from ages
The Real Estate and Gold were always been the best choice of investments for the Indians from ages .
Both these investments has seen tremendous transformation in the past few centuries. The recent developments from couple of decades and with all the regulations that are brought in has changed the entire scenario of the investment.
When we look into the gold trade in the past couple of decades we have seen BIG corporate’s entering the gold market and we could see a huge change with many National and International brands coming to India for gold trade . The Traditional goldsmiths are struggling to exist and at the same time the new corporates are opening up the new showrooms pan India.
The certification of gold and its articles by BIS has changed the way of business of gold and has created a level playing field for all the players involved in the trade.
Lets understand the Hallmark of Gold
Hallmarked gold items are laser engraved with these four components – The standard BIS Logo, Purity in Karat and Fineness, the Assaying and Hallmarking Centre’s logo or number and the Jeweler’s Identification mark or logo. Know more about these components through our guide BIS Hallmarking – Meaning & Importance.
This process of hallmarking has Transformed the way of business in total. Now the people can invest in the right quality of gold just by looking at the hallmarking.
The same way the real estate Has seen huge transformation in the past four decades. The image of real estate builder is all that you have seen in our Hindi movies. The whole lot of dirty money was part of the business and it was absolutely in the clutches of those people who could manage everything.
The days have changed the real estate industry with the involvement of noble people in the business who have struggled to exist competing with these Bollywood style builders . It would have been very difficult without the new policies that are proposed and adopted by the government to regulate this industry. The real estate regulating authority RERA has tried to bring in transparency and CREATED a level playing Field for the good players in the Industry. The digitization of records is helping a lot and Title Certification is going to be a game changer for the Indian real estate market .
The guidance value which is now at par with market value has washed away all the scope of dirty money in the business and this scenario has created a quality product worth investing.
The RERA is trying to be the hallmark of gold in the real estate and with this new regulations . Now the real estate has become a great priority of investment for every citizen of this country.
The organization’s like CREDAI which has already set their ethical standards in doing the business by bringing in Code of conduct for its members even before RERA .
The image of the builder that was shown in Bollywood has changed and Now the builders are also known as Nation Builders contributing a great to the GDP and employment by creating wealth.
In my opinion this is the golden period for the safe investment with the best return on your Investment. The TAX benefits are added Bonus and the assurance is of great resale value for your asset .
The recent pandemic has taught us new normal‘s and I am of the opinion that the growth of real estate will know more be restricted to the metros. The real estate has become a ever glittering gold and a trustworthy investment in India .
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