Clients looking at property as an investment, have two choices when it comes to real estate investment. Direct property purchase or investing through real estate funds. While directly purchasing property is useful for those who are focused on specific real estate appreciation, investing in a real estate fund offers exposure to the overall growth of real estate in India.
Property Purchase
For investors who wish to take the direct route, Karvy provides advice on selecting the locality, finalizing property and closing the deal. We look after analytics such as rate, vendor selection and type of loan. Karvy Private Wealth also aids in dealing with the multiple vendors involved in the home purchase process including, property owners/builders, brokers, loan companies, insurance companies. Karvy Private Wealth with its research and execution expertise helps the customer deal with each of these vendors.
Who is it suitable for?
- Families looking to buy a home in 3-6 months horizon
- Families looking to invest in a property in 3-6 months horizon
- Families looking to refinance their existing home loan
- Families looking to take loan against property
What does it cover?
- Assisting the customer in locating the home they would like to buy – support through Karvy Realty as well as other local brokers.
- Helping the customer think through various options if there are; typically relating to size of the house, locality, appreciation potential, financial capability of the family.
- Financial planning around what level of loan should be taken, down payment made, tax-optimal structure of loan and property ownership.
- Sourcing of loan a bank or housing finance company Karvy has tied up with.
- Risk management – life cover for loan amount, fire and burglary insurance for home.
