Real estate is not a 'get rich quick' investment route. It pays off only when one invests in a property for at least 3-4 years. Even with a long-term investment horizon, one needs to have a clear exit strategy in mind before one buys real estate as an investment. During the peak of India’s real estate markets in early 2008, a number of investors would ‘flip’ their properties, that is buy a property, hang on for few months for the prices to go up and then sell it for an instant profit.
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