Indians prefer to invest in real estate over gold, fixed deposits or stocks
Homebuyers are likely to slowly return to the market in the coming six months as real estate is still perceived as the preferred mode of investment over gold, fixed deposits, or stocks. According to a report by National Real Estate Development Council (NAREDCO) and Housing.com real estate (35%) is still perceived as the preferred mode of investment, followed by gold (28%); fixed deposits (22%), stocks (16%).
In the current scenario, we can see a change in consumer behavior and perception, of owning a house with safe and secure surroundings, which will be the driving force for demand.
The potential homebuyers who were searching for flats had pressed a pause button for some time because of liquidity concerns and uncertainty over the pandemic. But, a majority of them will gradually start returning to the market. Property buying will be ‘positive’ for both end-users and investors in the post-COVID-19 world. Those living in rental homes have realized the importance of being in their own homes.
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Krishna Builders has 15 years of experience and trusted by 1600 happy families
Visit: Krishna Paradise, Ring Road No.1, Krishna Public School Road, Sarona, Raipur call us at 8448793096 or Click the link: https://shreekrishnabuilder.com/krishna-paradise-phase-2-raipur.php
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