[INDIA REAL ESTATE NEWS] Good morning everyone I am Rumi Dhar from Kama Group.|
Here I have important INDIA real estate news to share with you which is as mention under.
NEW DELHI: 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, a report by National Real
Estate Development Council (NAREDCO) and Housing.com points out.
According to ‘concerned yet positive – The Indian Real Estate Consumer (April – May 2020)’
report, real estate (35%) is still perceived as the preferred mode of investment, followed by
gold (28%); fixed deposits (22%), stocks (16%).
“This pandemic has come as a rude setback for our industry and the allied sectors. 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,” said
Niranjan Hiranandani, founder-chairman, Hiranandani Group and National President –
The survey was conducted in April and May 2020, through a random sampling technique for a
fair representation across regions. The i ..
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