Real estate, bullion charm Indian investors
New Delhi, OCT 12: The preferred asset for Indian investors is real estate sector, followed by gold and silver, a survey today said.
Reuters
“The investment pattern in the country suggests that investment flow have been highest in the traditional modes of investments such as in real estate market followed by gold and silver,” the survey of PHDCCI said.
It said that due to the uncertain economic environment and sluggish growth in financial markets, investors are pumping money towards safe and less risky investments as compared with highly volatile investment avenues such as stock market.
“The extremely high preference real estate can be attributed to the recent sharp rise in rural incomes driven by the implementation of several income generating flagship programmes of the government,” it said.
(Continued)
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