Real estate is said to be the best market to invest in because of its stability and good returns. While investing, it is important to be sure of the surrounding areas, the builder and other such factors. Once you have bought a property, the decision to be taken is that of holding or selling, especially when the market fluctuates. In this context, there are usually two types of investors – those who are in it for the long haul and those who are looking for quick capital gains.
For people looking for quick gains, a well timed resale is important. Such a resale should happen only when the property has had a good appreciation. In the real estate market, there usually has to be holding time during which the property value rises and gives good returns. The ideal period is 3-5 years or longer. Depending on what kind of returns you are looking for, you can decide whether to hold or sell. In most cases, the longer you wait, the higher the returns.
The best idea for people looking for a quick gain is to invest in a project during construction and during the launch. The resale should be timed at completion of project or one year after completion for the best and quickest returns. While making any real estate decision, be sure to study the local market thoroughly.