Real estate in Delhi-NCR is witnessing a paradigm shift – Here’s why
2024 is set to emerge as a powerhouse of growth, reflecting the aspirations and preferences of prospective buyers in the bustling landscape of Delhi-NCR’s real estate market. According to a recent survey report by R&R, a whopping 57% of buyers plan to make real estate investments in the next 3-5 months, indicating a surge in demand, and a significant 44% of buyers in Delhi-NCR are keen on investing in under-construction properties, underlining the optimism in the sector.
Residential properties are the primary focus for almost half of the prospective buyers who are seeking high-end living spaces that elevate their lifestyle and offer unparalleled comfort. The trend indicates a shift towards owning a property and embracing a holistic living experience.
Nayan Raheja of Raheja Developers says, “The current trend signifies a shift towards quality living. Buyers are not just looking for homes; they are seeking an elevated lifestyle. Our luxury projects are witnessing heightened interest as people aspire for comfort and opulence in their living spaces. Buyers are not merely drawn to the market by the prospect of ownership but by the potential for remarkable returns. The availability of preferred property types also motivates them to invest, and Gurugram has emerged as a doubt-after destination in this concern with projects across various verticals. This aligns with the belief that real estate is not just an investment but a statement of one’s status and lifestyle.”
Also Read: Ram Mandir spurs realty boom in Ayodhya – Should you invest now or wait?
Sachin Gawri, Founder & CEO, Rise Infraventures, sheds light on the market dynamics, saying, “The real estate market in Delhi-NCR is poised for substantial growth. Buyers are
