The demand of real estate during pandemic situation10th May, 2022 187
Many manufacturing units, service sectors, educational institutions etc are undergoing loss during the pandemic period. Although some industries are still earning attractive income, they are striving hard to overcome barriers.
The real estate industry is not much affected as the buyers are seeking for attractive investment opportunities. They can enjoy long-term benefits, buying real estate properties and live comfortably.
The builders are devising lucrative strategies to attract buyers. So, they are offering various attractive schemes to the buyers such as multiple payment options, deduction in total costs or discounts. The builders are implementing these strategies to increase sales and maintain demand supply equilibrium.
According to the survey, many buyers are eager to buy real estate properties because the ROI is higher. A home is a long-term protection to the homeowners and they can enjoy long-term benefits. In our country, many nris prefer to buy Dwarka expressway properties to enjoy future benefits. Hence buying a real estate property is one of the wisest investment decisions.
You should consider certain factors before purchasing a property. Many people are not able to buy a property, as they are not financially stable. They should be able to earn higher returns in the future via sale of the property.
Why do NRIs prefer to buy properties in India?
The recovery rate in India during pandemic situation was higher and the death ratio was too low. Many people in other countries lost their lives due to the breakout of Coronavirus. So, the international companies or businesses are confident to Buy properties in Gurgaon because they are ensured to combat the COVID problem in India. The problem of COVID is not yet eradicated.
Different real estate projects in different areas
Some reputed builders are known for constructing authentic properties such as Godrej, Tata Housing, Ultima and Capital Greens of DLF, Central Park etc They are building exotic homes and are providing the best amenities to the residents.
As per the survey, people prefer to buy residential properties on Dwarka Expressway that are ready-for-possession so they can quickly move to the house. The buyers prefer to buy properties sold by reputed builders in our nation as they are not willing to undertake risks.
So, they prefer to buy properties of DLF Ultima, DLF Capital Greens, Tata Rio De Goa, etc to move quickly. Some of the lucrative housing projects are Joyville Gurgaon, Godrej Drive.
People should follow the rules of social distancing to prevent diseases such as Coronavirus. They should mainly focus upon ROI or profitability ratio to earn higher returns. Due to pandemic situation, they cannot personally meet the builders. They can use smart devices to acquire comprehensive information about the property. They can send text messages, use different call options, send images or e-mail to the concerned parties. The builders can use the best marketing techniques to attract investors.
So, the real estate industries using modernized and tech devices can quickly attract investors. They can send attractive images of the properties or effectively interact with the customers to increase sales.