Saturday, 20 July 2019

REAL ESTATE TRENDS IN INDIA


Themes Homes can help you find the best property in Delhi, Gurgaon

Real Estate is a constantly evolving industry. The allure of the real estate sector is that it gives the investors safe options and promises of delivering favorable returns.
However, before anyone gets into any type of investing, it’s best to do their homework and study the market carefully.
Numerous reforms have been introduced and the industry witnessed changes in tax and regulations.
For the past few years, the real estate industry has seen some rough scapes, but 2019 seems promising with new trends to emerge.


Here we have a list of trends that are expected to be seen in 2019:

1. Affordable Housing: It has already been a popular segment and is expected to stay that way in 2019 as well. An uptick has been seen in both the demand and supply of the affordable housing sector as per the chairman and managing director of Knight Frank India, Shishir Baijal. Government incentives to developers and homebuyers can be credited for the rise.

2. Co-living: This is not a new concept however, co-living has gotten more organized. For students and professionals, living in a shared space with private rooms have become common. This trend is mostly seen in metropolitan cities like New Delhi and Bangalore. The key players molding this sector are startups like Nestaway and Zolo etc.

3. Consolidation: Small developers try to seek help from high-level developers for financial assistance in their projects. This has lead to an increase in joint development projects, ventures and management agreements between the two types of developers. This trend is also predicted to grow in 2019.

4. Rental property: It’s not just the residential properties which are in high demand, rental property trend is also steadily growing. Many people relocate from rural and other small cities to modern cities like Delhi, Bombay, and Hyderabad for better employment opportunities. For those who have just begun working, they do not have the means to buy a property and hence choose to rent. Themes
Homes can help you find an apartment for rent in Gurgaon.

We can assume that the real estate market in India is going to see a consistent rise for the next few years.

Themes Homes has experts in real estate property who can assist you in selling, buying or renting a property.

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