Where are India's millionaires investing amid falling stock market?
Amidst the recent decline in the indian stock market, rich investors have started looking for new investment options to protect and increase their wealth. According to a new report, more than 60 percent of India's rich and very rich people are planning to invest in real estate in the next two years. This report shows how people with high net worth invest in the right place at the right time with the right thinking and understanding and make huge profits.
What does the report say?
According to the report of Sotheby's international Realty, the interest of rich indians in real estate has increased. Especially the craze for luxury property has increased a lot. According to the report, about 62 percent of India's rich people are planning to invest in luxury property in the next 12-24 months. In fact, amid the falling stock market, rich people are considering real estate as a permanent and safe investment option.
Investing in real estate at the international level
indians with high net worth are not only investing in the real estate sector of the country, but they are also showing interest in the international real estate market. The investment of indians in the international real estate market has increased by 22 percent. Let us tell you, Motilal oswal Private Wealth (MOPW) has also suggested that investing in real estate, especially commercial property, can give you good profits. Apart from this, Motilal oswal Private Wealth has also advised investing in gold and hybrid funds.
How right is investing in gold or hybrid funds?
Motilal oswal Private Wealth has advised investing in gold and hybrid funds. Actually, gold is considered a safe investment amid global economic uncertainties. The demand for gold is increasing, making it a strong investment option. On the other hand, talking about hybrid funds, these funds invest in both shares and bonds, which reduces the risk and increases the potential returns.
click and follow Indiaherald WhatsApp channel