Exploring innovative investment strategies is essential to maximize returns in real estate: Vishal Raheja
Foreign institutions remain bullish on the Indian real estate sector due to its promising long-term growth prospects. Political initiatives such as increasing investments in smart cities and ongoing regulatory reforms like RERA have enhanced the sector’s attractiveness to foreign investors, says Vishal Raheja, Founder & MD, InvestoXpert.com.
In an exclusive interview with Sanjeev Sinha, Mr Raheja talks about the Indian real estate market and shares his views on how customers can access the insights and information in this dynamic real estate landscape to facilitate informed decision-making while making investments. Excerpts:
Could you share your perspective on the transformative journey of Indian real estate in 2024 and beyond?
The Indian real estate sector is experiencing a significant transformation, driven by a convergence of factors. Firstly, the implementation of RERA has ushered in a new era of transparency and accountability, bolstering confidence among homebuyers. Additionally, technological advancements, including digital transaction systems, virtual reality, and video conferencing, have revolutionized the way real estate transactions occur, making them more efficient and accessible, even across borders. Moreover, increased awareness and information dissemination about the real estate industry have empowered consumers to make more informed decisions. Looking ahead, with faster construction systems and a continued focus on regulatory reforms, the real estate landscape is poised for further dynamism and resilience.
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