The real estate market has witnessed rapid growth since 1991 and has been unaffected till now. The rise and augmentation of the sector were assumed to be affected by the imposed lockdown. However, it only prolonged the sales of the properties- the demand for owning the property has been increasing continuously. As life gains back its pace post lockdown adapting to the ‘new normal,’ the real estate sector is no behind- catering to the needs and demands of the home buyers while adapting to the emerging trends. Some of the growing trends are. The current market seems to have massive opportunities for home buyers and investors, with many government policies and easy financial aid supporting the cause. If you are considering buying a home and need to understand the technicalities, reach out to our expert team. We ensure you get the best of everything from advice to abode of your choice.

1. What are some
Emerging Trends
in the
Residential Real
Estate Market in
Indore

2. The real estate market has witnessed rapid
growth since 1991 and has been unaffected till
now. The rise and augmentation of the sector
were assumed to be affected by the imposed
lockdown. However, it only prolonged the sales
of the properties- the demand for owning the
property has been increasing continuously.

3. Consumer’s convention
Selling and buying houses is a perfect balance of
amenities, luxe, comfort and budget. Due to the
stagnant sales in the locked-down era, an inventory of
ready-to-move units has accumulated. To boost sales,
builders offered lucrative deals, making homes
affordable to fit the needs of the buyer.

4. Work-from-home upgrade
Working from home is the crucial part of the ‘new
normal’ lifestyle we all have adapted to. Potential
professional home buyers seek spacious abodes to set
up a comfortable working space. There is a rising
demand for such properties, especially in 2 and 3 tier
cities such as Indore.

5. Young home buyers
Undoubtedly, this pandemic has taught us the
importance of owning a house. The stock market ups
and downs, on the other hand, have taught us the
importance of owning physical assets such as homes.
Hence, the millennials are investing vastly in real
estate.

6. Digital hunt
With given the circumstances, the prospective buyer
base is all online. Instead of visiting each suitable
property that fits the budget, buyers prefer opting in
for safer measures. They are turning to the online
portals for checking the properties, comparing the
prices and facilities.

7. Ready to move
Due to the numerous benefits of ready-to-move-in
units, there has been a 34% surge in prospective
buyers. A preassumed delay in the completion of
under-construction properties might also be a reason
for the rise. Having a ready to move home also opens
the domains of great returns on investments by
renting out the property- partially or entirely.

8. The current market seems to have massive
opportunities for home buyers and investors, with
many government policies and easy financial aid
supporting the cause. If you are considering buying a
home and need to understand the technicalities, reach
out to our expert team. We ensure you get the best of
everything from advice to abode of your choice.

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