Jun 21, 2024
RESIDENTIAL
The investment landscape can be a rollercoaster, but Indian residential real estate stands out as a beacon of stability and resilience. Even amidst global uncertainty, the sector boasts impressive performance, delivering long-term value appreciation and consistent returns. Here's why you should consider Indian residential real estate for your investment portfolio:
Market Strength: India's residential market continues to thrive in 2024, driven by a shift in consumer preference towards homeownership. This trend, coupled with a robust Indian economy, paints a promising picture for the future. Industry experts predict a 15-25% increase in new property launches and a 10-15% rise in sales in 2024. Mumbai alone is anticipated to see a 5-8% property value increase, with luxury and mid-segment properties leading the surge.
Policy Tailwinds: The Indian government's commitment to homeownership is evident in initiatives like Pradhan Mantri Awas Yojana (PMAY). These schemes create a strong demand base by making homeownership a reality for many Indians, fueling market growth and stability.
Infrastructure Boost: The government's dedication to infrastructure development, with a ₹13.7 lakh crore commitment, unlocks real estate potential in untapped areas. Improved connectivity through better roads, public transport, and amenities transforms previously inaccessible locations into attractive investment prospects. A recent example is Navi Mumbai witnessing a real estate boom due to the Atal Setu project. This strategic investment in infrastructure paves the way for sustainable long-term growth, significantly impacting the real estate sector by opening new avenues for development and investment.
Surge in Investment: The residential sector secured a staggering USD 693 million in Q1 2024, reflecting a significant rise in investor confidence. This highlights the sector's crucial role as a driver of overall real estate investment in India.
Market Upswing: Favorable factors like a stable economy, low-interest rates, and a growing preference for property ownership are propelling consistent market growth. This upswing is further fueled by a shift in consumer perception, where property ownership is increasingly viewed as a reliable financial safety net.
Related: Discover Top Indian Cities for Profitable Real Estate Investments
Robust Demand: Property markets are experiencing robust growth, with a substantial increase in new launches and sales. CREDAI reports a 35% jump in sales volume for 2024, with the luxury segment leading the charge with a phenomenal 50% rise.
Luxury Segment Booming: This unprecedented sales momentum is encouraging developers to create attractive investment options, ensuring a steady supply pipeline. Major metropolitan cities are poised to be key drivers of real estate demand, attracting investors seeking a share in the country's economic growth story.
Compelling Fundamentals: India's strong economic indicators – robust GDP growth, rapid urbanization, rising incomes – coupled with government support are fueling a surge in demand for diverse property types. Real estate investments are projected to grow by 15-20% annually.
Reliable Asset Class: This confluence of positive indicators solidifies real estate as a dependable and lucrative asset class, offering a secure and promising future for investors. Unlike stocks or commodities that can be volatile, real estate provides a tangible asset with the potential for consistent rental income and long-term capital appreciation.
In conclusion, Indian residential real estate presents a compelling case for investors seeking stability and growth. With its solid foundations, supportive government policies, and thriving market dynamics, the sector is well-positioned for sustained success. So, if you're looking for a secure haven for your investments, look no further than the Indian residential real estate market. By entering this market, you can be part of India's growth story and secure your financial future.
From bustling metros like Hyderabad, Bangalore, and Mumbai to coastal paradises like Goa, Zoltan Properties unlocks a world of residential opportunities across India's major cities for individuals who are looking to invest or own a home.
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ADDRESS
Adress: 6-9-89, 2nd Floor, Near Best Price, Opp Pillar No.270, Attapur Road, Shivrampally, Hyderabad – 500052