Mid-range homes flavour of the season: Survey

In a survey done by ANAROCK and LIC, the home buying trends show that over 63 percent of buyers will buy property anytime during 2020. In a news report published by moneycontrol.com, the findings are:

  • Buyers preferred RERA registered properties over  lower home loan rates
  • As many as 59 percent of the respondents preferred real estate over other asset classes like stock market, FDs and gold.
  • Regulatory changes such as RERA, AIF helped repose confidence
  • Connectivity most important while selecting property
  • Ready-to-move in homes preferred
  • Only 13 percent respondents in the current survey marked ‘saving GST’ as the major reason to choose ready-to-move in property over under-construction as against 30 percent respondents in the H1 2019 survey.

See the complete news here on moneycontrol.com.

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