NEW DELHI: Investors are returning to housing market, with 36 per cent of respondents looking to buy homes from an investment perspective, according to FICCI-Anarock survey released on Tuesday.
At a real estate event here, FICCI-Anarock Consumer Sentiment Survey (H2 2023) was released which suggested that prospective homebuyers are considering to buy bigger homes and also not averse to buying flats in newly launched projects.
“With the rise in disposable income, COVID-19 interlude, and work from home (WFH), homebuyers are looking for spacious homes. This has significantly increased demand for bigger and luxury homes across the country. Yet another perceptible shift in trends noticed is the shift from renting to homeownership,” Raj Menda, Chairman of FICCI Real Estate Committee, said.
Menda, who is Chair of Supervisory board of Bengaluru-based realty firm RMZ Corporation, said the realisation of the importance of owning a home, coupled with the favourable buying environment will continue to drive a strong homebuying sentiment.
With inputs from PTI
