According to a Survey, Real Estate is Still the Top Investment Asset Type in India
The demand for pre-move-in homes is way higher than the supply of new ones. That’s according to the latest survey from housing.com and Naredco. It looks at consumer sentiment from January to June 2023 and found that 48% of people prefer real estate investment over other options like stocks, fixed deposits, or gold. Even though income projections are lower, real estate is still the top choice for 48% of people. The G20 summit is expected to have a positive effect on the economy and could shape India’s real estate market through policies, investments, and sustainability.
Property prices are going up and interest rates are on the rise, so incentives like GST waivers and stamp duty exemptions are going to be the main driving forces for homebuyers in the coming months. These incentives are meant to make it easier to buy a home. The survey also highlighted the importance of getting personalized help after you’ve shortlisted properties, as it’s key to closing deals and making the home-buying process smoother. The survey found that tax breaks, GST exemptions, and flexible payment plans are the main reasons for homebuyers to buy in the next half year. The housing market has been on the rise for a while now, and it’s expected to stay that way. However, it’s important to be aware of the geopolitical crises that could affect demand in different industries.
If you’re looking to buy a house, you want to make sure you get one that’s ready to move-in and in a gated community. It’s also important to consider things like modular kitchens and custom woodwork when making your decision. Plus, the survey from Housing.com and NAREDCO shows that after you’ve narrowed down your options, personalized help is key to making sure you get the perfect home.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
