The real estate market is witnessing some interesting shifts. Here’s a closer look at the trends shaping it today:

1️⃣ Millennials Value Home Ownership
Despite evolving lifestyles, 66% of millennials continue to prioritize owning a home over renting.

2️⃣ Quality Concerns in Affordable Housing
84% of buyers highlight quality concerns, emphasizing the need for smarter urban planning in affordable housing.

3️⃣ Interest Rates Impact Buyer Decisions
While rates below 8.5% have a minimal effect, anything above 9% halts 87% of purchases. This marks a clear threshold for the market.

4️⃣ Real Estate as a Stable Investment
59% of Indians prefer real estate for its stability, with 57% focusing on rental yields and 20% targeting capital appreciation.

5️⃣ Preference for Under-Construction Properties
For every 20 ready homes, 25 buyers now prefer under-construction properties, signaling a shift in buyer preferences.

The numbers paint a clear picture: from the pandemic era, when only 26% invested in real estate, to today’s booming market, the landscape has transformed.

It’s undoubtedly an exciting time to be part of this dynamic market!