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Positive buyer sentiment to drive real estate demand in Delhi-NCR

New Delhi [India], March 3 (ANI/NewsVoir): The real estate market in Delhi-NCR is expected to grow exponentially in 2023, with some interesting trends shaping the future of Delhi, Gurgaon, Noida and the periphery areas that are all gaining traction like never before. Real estate continues to be the best investment option in Delhi-NCR, with approximately 40 per cent preferring it over other investment options. R&R By Rise conducted a survey of potential real estate buyers in Delhi-NCR recently. The findings clearly highlight the fact that the Delhi-NCR realty is going to surprise one and all with growth beyond everyone's expectations. The mood of the buyers clearly points to good times for the real estate segment in the region. A number of factors are driving this success, including stable prices, decent interest rate, strong economic growth, favourable demographics, and an increase in foreign investment. Vishesh Prakash, Research Partner, says, "As the world gets ready to ....

New Delhi , Vishesh Prakash , Research Partner , New Delhi India , Arch 3 Ani Newsvoir The Real Estate Market In Delhi Ncr Is Expected To Grow Exponentially 2023 , Ith Some Interesting Trends Shaping The Future Of Delhi , Oida And The Periphery Areas That Are All Gaining Traction Like Never Before Real Estate Continues To Be Best Investment Option In Delhi Ncr , Ith Approximately 40 Per Cent Preferring It Over Other Investment Optionsr Ampr By Rise Conducteda Survey Of Potential Real Estate Buyers In Delhi Ncr Recently The Findings Clearly Highlight Fact That Realty Is Going To Surprise One And All With Growth Beyond Everyone 39s Expectations Mood Points Good Times For Segment Regiona Number Factors Are Driving This Success , Ncluding Stable Prices , Ecent Interest Rate , Strong Economic Growth , Favourable Demographics , Nd An Increase In Foreign Investment Vishesh Prakash , Research Partner , Uot As The World Gets Ready To Get Back Furious Growth Path , Ne Clear Indication That The Delhi Ncr Buyers Have Given Is They 39 Re Looking At Real Estate Asa Means Toa Meaningful Anda Healthy Lifestyle An Overwhelming Number Of Indicated Now Ready To Take First Steps Towards Buying Their Homea Large Home Owners Also Are Upgrade Bigger And Better Homes These Responses Clearly Point Emergence Ofa Class 39s Making Investment Decisions Intrinsic Part Future Well Being Quot One Key Findings Survey Emerged Points Millennial Population Beinga Player In Growing Market Those Aged Between 30 44 Years , Re Driving The Demand For Both , Esidential And Commercial Real Estate Over 70 Per Cent Respondents Indicated That They Are Looking At Buyinga Home In The Next Couple Of Years Demand For Residential Realty Precedes , Ith 45 Per Cent Respondents Looking At Picking Up Residential , Nd 35 Per Cent Looking At Tapping Into Commercial Spaces Respectively Around 46 Of The Respondents Indicated That They Are To Pick Up Their First Homes In Next Two Years Over 29 Plan Upgrade From Current Bigger Better Space , Ith More Lifestyle And Wellness Amenities The Demand For 2 3 Bhk Witnesses Great Traction With 65 Per Cent Opting Either Of Two Options Real Estate Assets Investment Vehicles Will Be Created Sole Purpose Investing Making Money , Nd This Trend Will Dominate The Market In Fact , Commercial Real Estate , Hich Generates Income In The Form Of Rentals , Nd Income Producing Properties , As Also Becomea Sought After Investment Option Infrastructure Spending On Roads ,