Future outlook of residential real estate in Delhi NCR
Posted by Surakhsha Shah on June 28th, 2022
The real estate sector is one of the main contributors to the country's GDP, but in recent years it has been hit by stormy seas. However, since June 2021, the sector has been experiencing a boom and all aspects are better off. Demand for housing has seen a big shift, as demand for larger spaces seems too late. The state of COVID is changing the real estate sector.
The traditional investor-driven real estate market has also become a market for end users. The transition from investor to end user began several years ago in the residential segment, and with COVID, the scope has been further reduced to end users. Since COVID, end-user interest has increased mainly due to the low interest rate regime for housing loans, which was initiated by measures taken by the government and the RBI. Today, projects are designed to remember the feelings of end users and signal healthy growth in the future. If you look at the gap in supply and demand, it is clear that it will take many years to fill and open many paths for real estate growth.
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About the AuthorSurakhsha Shah
Joined: June 28th, 2022
Articles Posted: 3
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