By carefully evaluating the market conditions, conducting due diligence, and considering personal investment goals, investors can make well-informed decisions to maximise their returns in the dynamic real estate market of 2023-24. Both sectors offer unique advantages and challenges, and understanding the market dynamics can help investors make informed decisions to maximise their returns.
Real estate industry expects housing demand to remain strong with the RBI keeping key interest rate unchanged and is hopeful for a repo rate cut in next round of monetary policy to boost growth. This will help the housing sector that has been performing well from the past two years.
With a positive attitude and high aspirations, GenZ has greater access to opportunities, education facilities, cushy jobs, and higher incomes, creating a conducive environment to invest in homes.
Something’s coming over India’s real estate market. Especially in the high-end segment, change is in the offing, after nearly a decade of slow or stagnant growth. Among others, one of the most interesting trends to have popped up and is going strong is the demand for holiday homes.
Experts said the surge in demand for luxury housing is an indication of people looking for a lifestyle that mirrors their achievements and ambitions, it is also coming close on the heels of a Budget 2023 provision that will be implemented from April 1.
A critical engine of growth and employment, with both forward and backward linkages, it is estimated that nearly 50% of India’s GDP is linked with the domestic real estate sector.
People want sustainable and smart homes, and we need technologically advanced and skilled interior designers to build them. Gadgets and gizmos have taken over the world, and no home today is complete without some form of interior technology.
Young Indians will continue to dominate the homebuying segment for the foreseeable future as they seem to be more financially prudent than previous generations.
India’s Commercial Real Estate industry has enabled the development of robust office infrastructure to support the growth of economic activity in the country.
India’s real estate sector has received a positive push from the Union Budget 2023 that was presented earlier.