Future of Residential Real Estate and Affordable & Mid Segment Housing After Corona Crisisby Property Adviser Hyderabad Real Estate Directory – Complete solutio
Research shows that demand for
residential real estate, although currently stagnant, could show signs of a
gradual recovery in 6-12 months as COVID-19's impact diminishes. About
one-fifth, or 21%, of end-users, may return to the market during this time
period, but a significant 70% do not plan to buy a home within a year.
According to a Savills India report, buying is linked to job security and cash
flow, making this activity a combination of affordable and medium-term
However, as expected, a
significant 70% of end-users do not plan to buy a home within 12 months.
Similarly, most investors plan to wait and monitor, with almost 94% planning to
make a decision after 12 months. As for which segment will recover post-COVID
first, “We should see activity across all segments, because there is growing
demand for end-users across all segments.
End-users and investors are more likely to prefer smart homes
and integrated townships in the post-COVID world, according to a survey report
by Savills. Over 50% of each category likes such propositions. When it comes to
paying premiums, about 30% of end-users and investors are willing to pay for
homes that incorporate the concept of wellness. A home with a workspace like an
office engraved will be attractive to nearly 24% of end-users. End users also
showed a tendency to buy second homes. About 30% of such buyers say they are
interested in places like Goa, and about the same number showed interest in
properties on hills.
As analyzed the housing market over the last decade to fully
understand long-term patterns of decline, recovery and growth, a slump in 2015
and then privatizing at the end of 2016, the housing market began a very slow
revival, but continued to impede obstacles.
In 2018 and 2019, as recorded modest growth, despite
weakening like the NBFC crisis. However, COVID-19 stopped it in 2020. The
slight recovery for 2018-19 is based on structural changes, size reductions,
and average price resets. The future depends heavily on continued policy
support and economic stability. And it can take up to the second half of 2021
for the market to return to a steady-state.
If you are planning for residential property investments in
Hyderabad, it would be a good decision as this city as seen continuous growth
in residential real estate and office leasing. Stable government and their
consistent approach towards developing the city with proper civic and social
infrastructures has made it an ideal location in the country for real estate
There are many residential projects going on in the city, if
you are facing problems in selecting the right projects and location, once you
refer to the Property Adviser Portal- an online Hyderabad residential real estate directory furnished with 1000+ residential
projects listed with detailed project page and smart search option to narrow
down your search based on budget, location, and type of property. It lists all kinds of flats for sale in
whether you are looking for a gated community or standalone Apartments under your
Budgets. You can choose from 700+ Apartments for sale
based on your competitive analysis.
Created on Jul 14th 2020 14:15. Viewed 497 times.