What Industry Players Say About Real Estate Emerging as Top Investment Preference Amid Rising Housing Demand!
Real estate has taken off since last year and is now the top investment option, according to the latest survey from Anarock. It’s a big change from the past years when gold was the go-to metal. The house The good news is that house loan rates have been stable for a while now, which has helped boost buyer confidence. The good news is that the property market is expected to go up by a lot by 2040, which means there are lots of opportunities for people who want to get into the real estate business. This is due to stable house loans, more people wanting to invest in FDs, and more people wanting to get into the home market. The real estate industry has been able to stay afloat even during tough economic times.
people said that going above 9.5% will have a big impact on their decision to buy. Rahul Singla from Mapsko Group said that the Indian real estate market has seen a lot of growth, thanks to the implementation of RERA, better infrastructure, and lower interest rates on home loans. He predicts that the market will be worth Rs 65.000 crore by 2040 and will contribute a lot to India’s GDP. With the world’s eyes on India, it’s the perfect time to invest in real estate.
Most people want to own a home for their personal use, even in tough economic times. But inflation is a bigger problem, affecting over 66% of people (up from 61% last year). This means more people and families are dealing with financial stress, so it’s important to make smart investments. Real estate investments can give you big returns and lower risk than other investments like direct stock, so it’s a great way to make money. Plus, when it comes to demographics, more millennials and Gen-Xers want to use their earnings from other investments to buy a house in the future, so it’s clear that younger generations want to own a property.
Vivek Singhal from Smartworld Developers said that homeownership has become more of a priority and people are looking for stability and security. He said that the real estate market in India is a great place to invest, with good rental income and long-term capital growth. He also said that millennials have a lot of power when it comes to buying property, and this trend is expected to keep growing in the years to come. The study showed that almost half of all homebuyers (59%) are looking for a property between Rs 45,000 and Rs 1,5,000, which is a 10% increase since 2020. Singhal also said that this spike is not just due to the World Health Organization (WFH).
Source: News18
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