10% incremental growth post-pandemic
Real Estate! Good or Bad Investment?
Interest rate starts from 6.40%
Lowest in 15 years
Increased LTV - Loan to Value Ratio by 90% up to 30Lakh property value. More incentives to the real estate companies by the government to compensate losses in lockdown. Cutting the GST rates and other rebates can enhance the real estate market.
New Normal Effect
Due to WFH and Online classes, students will see an upward trend in the first quarter of 2022 for the real estate market. This will attract the mid-segment market.
Many banks & NBFC's are offering the lowest interest rate for buyers and many of them also provide the best possible repayment options for their customers. Few of them are also providing "zero" repayment charges. That encourages the real estate market.
Post the second wave seen surge in ready to move & luxury properties
2022 Second Quarter 5% increase in property value and expected to reach pre-pandemic numbers
Real Estate Market- less volatile and most legitimate investment in the coming years