[INDIA REAL ESTATE NEWS] Good morning, everyone. I’m Shashi kant shukla staff|
of Kamagroup Pvt. Ltd. Here I have important INDIA REAL ESTATE news to share with
you which is as mentioned under.
In a significant trend seen in Indian real estate over the past few years, ready-to-move-in
properties are seen as a good value proposition for discerning home buyers as they get to
buy what they see. Also, it helps mitigate risks associated with new projects including
incessant delays, unscrupulous activities of few developers, etc. The biggest benefit for
home buyers is that ready units do not attract the GST.
From the demand perspective, as per ANAROCK Property Consultants’ consumer
sentiment survey for the first half of 2019, a good 36% prospective buyers preferred
ready-to-move-in properties, followed by 24% who wanted a property
that will be ready within the next 6 months.
“Interestingly, if city-wise data is considered, at least 56% prospective buyers in NCR
preferred ready properties over under construction ones because it is here where
consumer confidence is the least,” said Anuj Puri, .
Read more at: https://economictimes.indiatimes.com/wealth/real-estate/developers-tweak-offers-to-tap-buyers-preference-realtors-see-hope-in-ready-homes/articleshow/71253245.cms Kamagroup Pvt. Ltd.
Have a nice day.