An opportune MOMENT
With all-time low interest rates, there are more reasons
than one to invest in real estate
This is an opportune moment to invest in realty. In fact, with all-time low interest rates,
there are more reasons than one to invest in real estate.
As opposed to pre-COVID times, realtors, at present, have a blinkered vision of finishing
their current ventures and selling out the prepared units. Along these lines, there couldn't
have been an opportune time in the real estate sector where the demand and supply fit so
The utilisation of technology has improved the real estate market (REM), helping
organisations to make smarter choices. It has made it significantly simpler to oversee
complex work processes and coordinate data. Advanced development has progressively
reimagined the boundaries of construction. Rather than blocks and cement, it utilises
information to control and oversee building completions through BIM, Artificial
Intelligence (AI), cloud computing, reality modeling, and so forth.
In accordance with the general monetary sentiment, consumers have decreased their
budgets in many metro cities. However, they do not wish to compromise on the size of the
house and are moving towards the outskirts for better options like better amenities and
peace. Recent work-from-home (WFH) guidelines have raised the need for extra space in
the houses to things more convenient. Combining all these components shows how the
real estate sector is favourable for property purchasing. With new technological
advancements utilized in the sector, the general cycle of searching and purchasing the
right property has improved for buyers, making the process simpler and more helpful.
Today, real estate developers are introducing incentive measures and offers to attract
homebuyers. Some of them incorporate cashback plans, more agreeable EMIs on loans,
refundable booking amounts, alluring value propositions, and many plans that fit the
Costs of private properties have generally stood steady for the last five to six years across
India, making them within the homebuyers’ spending capacity. The current crisis has
made it favourable for home-buying as the home credit financing costs are at a recordbreaking
low. A deduction in home loan financing costs post-COVID has gotten a
significant trigger for end clients to purchase a home.
Along the lines, RBI has reported a decrease in the REPO rate, which makes home loans
even more affordable for those aspiring to buy a new abode. One of the fascinating
advancements has been the pattern of shoppers presently considering ready-to-move-in
(RTMI) properties as an exemplary option.
CONSUMER CONNECT INITIATIVE
A deduction in home loan financing costs post-COVID has gotten a
significant trigger for end-clients to purchase a home