A recent survey states that more than gold, fixed deposits and stocks Indians are really thinking on
investing money in Real Estate. In the next coming 6 months, home buyers are gradually going to return
the markets.
As per report jointly presented by Housing.com and National Real Estate Development Council the self
regulatory body of Housing.com and National Real Estate Development Council, the self regulatory body
of Housing and Urban Affairs ministry, as per 35% respondent preferred investing in property over gold
(28%), fixed deposits (22%) and stocks (16%).
In the earlier years the price rise was one of the major factors but now days with slash on interest rates,
People are hoping to buy once instead on renting one.
In April- May survey conducted for the first time buyers it stated that they preferred ready to move in
property and 21% said that they were ready to wait for one year if the possession is on time.
During the corona Virus pandemic people have also realized of owning own home. People from
commercial segments also feel that the offices should nearby and instead of shrunk spaces; people are
looking for open areas. In the Covid pandemic where there were uncertainty and liquidity issues, many
developers feel that the buyers will start returning to the markets. Many of Tier 1 and Tier 2 cities realty
developers have already started giving concessions even in the luxurious projects. This step is taken to
attract attention of home seekers and safeguard their buying interest.
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