Bengaluru, Jun 18: Real estate continues to be a preferred asset class for investors amid the uncertainty emerging out of the pandemic, according to a report by National Real Estate Development Council (NAREDCO) and Housing.com.
Titled 'Concerned yet positive - The Indian Real Estate Consumer (April-May 2020)', the report showed that the real estate consumer remains positive with regard to the economic scenario and income stability for the coming six months.
"Real estate (35 per cent) is still perceived as the preferred mode of investment, followed by gold (28 per cent), fixed deposits (22 per cent), stocks (16 per cent) and homebuyers are likely to slowly return to the market in the coming six months," it said.
Price-points of residential realty have remained muted for the past few years, but are still a key deterrent, with the perception of being still unaffordable, according to nearly half of the potential homebuyers surveyed, who are currently staying in rented accommodation.
A majority of respondents surveyed (73%) comprise 'first time homebuyers', who are looking to buy a 'ready-to-move-in-house' for end-use and are from the age group of 25-45 years. While 60% of respondents opined that for the next six months, they would prefer a ready-to-move-in property, 21% said they were okay with a property with a delivery timeline of maximum one year.
The survey was conducted in April and May 2020, through a random sampling technique for a fair representation across regions. The insights presented in the survey represent the view of more than 3,000 potential homebuyers.
Comments
This is very interesting, You are a very skilled blogger.
I have joined your rss feed and look forward to seeking more of your wonderful post.
Also, I've shared your site in my social networks!
my web page - williams digital piano review: http://jiuzhuoguoji.com/comment/html/index.php?page=1&id=6068
I know this if off topic but I'm looking into starting my own weblog and was curious
what all is required to get setup? I'm assuming
having a blog like yours would cost a pretty penny?
I'm not very web savvy so I'm not 100% certain. Any recommendations or advice would be
greatly appreciated. Cheers
Take a look at my homepage; best portable
electric piano (Mackenzie: http://classified.co.nz/author/elinor33s49/)
I'm impressed, I have to admit. Rarely do I encounter a blog that's both educative
and engaging, and let me tell you, you have hit the nail on the head.
The problem is something that not enough people are speaking intelligently about.
Now i'm very happy that I found this in my hunt for something regarding this.
my blog post: the best digital piano: http://amprom.org/?option=com_k2&view=itemlist&task=user&id=761492
Add new comment