India’s ultra rich redirecting their investment focus to residential real estate

India’s affluent class has been increasingly redirecting their investment focus towards residential real estate for some time, marking a notable change in the country’s investment landscape. This transition emphasizes changing trends in investment preferences and reflects the motivations driving the elite’s choice to invest in residential properties.

Residential real estate prices in India to go up 4-6% this year

Home prices in India are likely to increase by 4-6 per cent this year but rising per capita income will support demand. Moderating inflation, stable commodity prices, a lower fiscal deficit, and a decline in global policy rates would set the stage for interest rate cuts to boost housing demand.

Metaverse In Real Estate: A Game-Changing Concept

After dabbling with artificial intelligence (AI), the Indian real estate sector is now shifting its focus to the metaverse. If the concept of metaverse successfully takes off, industry experts believe that the online homebuying process will undergo a revolution.

Goa Sees Real Estate Boom With New Airport Inauguration

Industry reports project that the Mopa airport will attract investments of Rs 2,700 crore by 2030, focusing primarily on the development of luxury and eco hotels, nature and wellness resorts, and homestays. This influx of investment is set to diversify the region’s tourism and real estate landscape significantly.

Tourism: A Catalyst For Real Estate Growth

The inauguration of the new International Airport at Mopa, Goa also led to an increase in tourism, thus impacting the demand for vacation rental homes, hotels, and stay options in Goa. Capital values in surrounding areas have thus doubled in the last three years.

NRIs’ influence on the real estate sector in India

Investment by non-resident Indians (NRIs) in India has revolutionized the Indian real estate industry over the last few years. Today, these investments are shaping the industry for the future and serving as a unifying factor for growth in the short and long run.

India’s real estate boom attracts foreign investors in 2024

In 2024, India’s real estate market is experiencing a significant surge in interest from foreign investors. The nation’s burgeoning economy, coupled with policy reforms and infrastructural development, has positioned India as a lucrative destination for global real estate investment. Several key factors contribute to the growing appeal of India’s real estate sector for international investors.

Real estate dominates Indian household savings with highest allocation

The household sector plays a major role in the Indian economy by serving as a primary source of financial resources through savings, contributing a substantial 70% to the total gross domestic savings.

Why are investors looking for real estate opportunities in Goa?

Goa’s real estate allure extends beyond its picturesque landscapes; it encompasses a lifestyle and cultural experience that investors find irresistible. As the tourism sector continues to grow, investors see the potential for robust returns on their real estate investments, especially in areas frequented by tourists.

3 Simple Ways To Invest In Real Estate With Little Money

Retail investors, particularly the younger demographic, now have various avenues to invest in real estate without depleting their financial resources, enabling them to earn passive income at an early stage.