Real estate continues to be preferred asset class for investment; Residential realty consumer outlook cautiously optimistic for coming six months: Housing.com & NAREDCO Survey
Discounts and Flexi Payment scheme acts as growth levers for homebuyers by Shrutee K Mumbai, July 2021: Real estate continues to be the preferred asset class for investment in the wake of the COVID-19 pandemic, but majority of homebuyers want discounts along with flexible payment options as an incentive, according to the Housing.com and NAREDCO survey. The real estate portal conducted the survey between January to June this year of more than three thousand consumers. According to the survey findings, real estate is the preferred mode of investment for 43 per cent (35% last yr) of respondents, followed by stocks 20 per cent (15% last yr), fixed deposit 19 percent (22% last yr) and gold 18 per cent (28% last y r). "The health crisis has reinforced the importance of home ownership across the world. As a result, the residential real estate market is not only witnessing fresh demand from first time homebuyers but also from a lot of consumers who are upgra...