Latest trends in the Indian Real Estate market suggest that there is going to be significant growth in the year 2019. With demand for properties rising steadily and supply on an all-time high it has to be seen with time how the market shapes up.
The Indian Real estate market has undergone a major overhaul with the introduction of RERA, GST and also the RBI repo rate of home loans being brought down. What’s added fuel to that fire is the drop in GST rates. These developments have transformed the market into a more investor-friendly atmosphere. As per the latest Indian Real Estate news, the number of interested buyers and investors has skyrocketed and the number of actual buyers has also shown good momentum. A lot of developers have reported the sale of old and unsold properties over the past couple of months. When asked they attribute it to the implementation of the RERA act majorly but also to the Government’s and the RBI’s support to the Real Estate Sector.
Let’s not forget that the Real Estate sector is an important sector in the Indian economy. About 6-7% of India’s GDP is driven by the Real Estate market and it is an important aspect in the Government’s economic portfolio. The importance of this sector has been seen in the way the Central and State Governments have formed economic policies focused on providing housing to the low-level income and middle-level income groups of the Indian society.
Talking about the Residential Property market in India, this sector has been on a major upswing thanks to the ‘Housing for All by 2022’ initiative of the Government of India. This novel project’s goal is to ensure housing for citizens from all corners of the country immaterial of who they are. Bringing Developers, Buyers and Financers under one umbrella, this movement has dedicated protocols for every scenario that a buyer could be in to ensure smooth, speedy and successful ownership of properties in India by all eligible citizens of the country.
Affordable housing and Rural Housing schemes of the Government have been designed in a manner that encourages focused development from Property Developers side and investment from homebuyers side creating a healthy atmosphere for growth and consumer spending in the Residential Real Estate market in India. With the current liquidity taken into account, a lot of development is expected. It can be seen that transparency and accountability have become a major priority for the government which is enforcing it onto the Real Estate developers.
What’s happening now is that developers are taking advantage of the sops that the Government is offering to developers. Right from tax exemptions to subsidies, developers are now enjoying a load of benefits that the Government is offering to developers building Affordable housing projects. Especially the GST cut on affordable housing has created a major storm with over 75% top property developers beginning to develop affordable housing projects.
Now, analysing how this has affected the buyers, buyers have positively accepted these developments. Increased sales have been reported all over the country with many homebuyers understanding the importance of having a home and the advantages that they are getting from all the sops that the Government is offering.
We at Homes247.in have witnessed a steady rise of about 11% in sales and also the positive atmosphere that is prevailing in the Indian Residential Real Estate market.
So overall our experts have also opined that there has never been a better time to invest in Indian Residential Real estate than now.
Coming to Commercial Real Estate in India, things are skyrocketing in this scenario currently. REIT’s have come to India with Embassy group offering the first REIT IPO for investors to buy shares worth Rs 4,750 crores, it can be seen that the journey of Investments in Indian Commercial Real estate has become better.
Industry experts suggest that the growth and development in commercial real estate is going to boom the Indian economy and the Indian Real Estate sector.
All in all, Residential Real Estate and Commercial Real Estate will experience a major upswing in the present and the future to come.
Get the Latest News and Updates Of Indian Real Estate
Well, we are aware that real estate has never exactly been one of those binge-worthy blog categories. It has neither been the kind of topic you could not get enough of, nor is it half as juicy as celebrity gossip.
However, in India, real estate blogs are starting to get clicks and likes, and it has become one of the trending topics. People worldwide are beginning to realize how real estate as an industry affects the economy and how important it is to understand housing trends to enhance their lifestyle.!
The relevance of informative Indian blogs on real estate and finance are at an all-time high now. The youngsters are bidding big on investment options, and brackets such as realty have proved to be highly dependable compared to others.
The Millennials are flooding in to invest in apartments, plots, and villas, and the earliest members of the Gen-Zs' entering the workforce and looking forward to having their own homes. This has only fuelled the growth of digital real estate blogs to keep up with the tech-savvy generations.
Also, the real estate sector has been proving time and again, how reliable an investment choice it is. So, learning about the sector is the smart way to climb up the ranks, and where else can you learn so much except from real estate Blogs! Real estate is the second-largest contributor to the country's GDP; hence there is no doubt that it affects every one of us, whether we see a future in the Real Estate Industry or not. After all, we all live in our homes, and housing is a significant part of the industry.
We know exactly what you need to know and what you like. We know you want to feel engaged and entertained, and at the same time, hot housing news should be fed to you! We have turned the tables, grab a spoon, and start digging!
And Voilà! We present to you the most Interesting and Informative blogs!
As our name implies, we are not limited to realty alone, granted we do Specialize in it. We are all about Homes, and we are in love with Tech and Innovation! Naturally, our blogs cover a myriad of topics related to real estate and housing from Luxury, Lifestyle, Home Decor, Vastu, Real Estate News, Reviews, Tech & much more!
We make every one of our real estate blogs as interesting as it can get and attach with absolutely unique and accurate images, to provide you a better understanding. Not only do we cover a wide range of topics, but we also cover them at the right time. We update you on our socials such as Facebook, Instagram, Linkedin, Pinterest, and Twitter on every trending topic, so you are never miss anything and worry about being left behind!
However, we never go out of hand with our Indian real estate blogs that our beloved Readers have come to love over the years.
Everything in India is a state of constant flux; maybe that's why we Indians became one of the most adaptable and cosmopolitan people in the world!
If the nation's elements are shifting its focus, how can real estate be any different? Indian Real Estate Sector is perhaps one of the most dynamic ones in the entire world. Since the Real Estate in India is yet to be organized entirely, the variations in one segment affect another in ways difficult to comprehend.
The complexity and nuances can be understood only by reading about what is going on in the sector. Like we mentioned above, it affects every one of us. Hence it is essential to keep up to date.
With its ever-changing shifts and tides, it's virtually impossible to keep track of the sector's latest trends and sink our anchor deep. That's where we come in! We are just one google search away!
We also try to solve every home-related query through our Indian real estate blogs. And that's not all. We provide you insights on technologies that make the modern taste and rate of development possible, detailed analysis on real estate projects, insights on loans and taxes, advice on the home buying process, and articles on health and fitness. We provide you information about the trending topics in the Indian real estate industry.
We also host video podcasts named Expert's Voices, where we discuss with the leading players in the industry about market scenarios, offers, anything and everything related to real estate.
In addition, we host Real Estate News so you can stay updated on the sporadic events that happen around the country concerning Indian Real Estate. We also make short and easy to understand real estate video blogs.
We have got so many topics to read about that even if you have years of experience or are just curious and googling to get some ideas about Indian real estate blogs, you will find the best ones here.
At Homes247.in, we strive to provide you only the best real estate blogs. Our blogs are always entertaining; even the dullest subject we touch upon, we try to make it engaging. We make sure the best of the best is are the only standard we keep ourselves at when it comes to our service or our Indian real estate blogs.
Our team is made of a dynamic group of keen hands-on expert researchers who work tirelessly along with passionate and knowledgeable content writers to bring to your fingertips the world of real estate.
On every one of our real estate blogs, we research vigorously, write creatively, carefully compile, and thoughtfully curate the best real estate blogs, especially for you, from India's best content writers and contributors.