Amidst deals, discounts and cheaper home loans, an increasing number of homebuyers are considering it advantageous to buy houses right away. Real estate’s perception as an investment asset class has also increased distinctively post the outbreak of Covid19 pandemic.

Nearly 62% respondents, in a sentiment survey conducted jointly by the CII and Anarock Property Consultants, believe it is expedient to buy homes now. While 24% respondents have already booked properties–81% of this segment ..

Nearly 62% respondents, in a sentiment survey conducted jointly by the CII and Anarock Property Consultants, believe it is expedient to buy homes now. While 24% respondents have already booked properties–81% of this segment were previously unsure of buying–and 38% have opted for newly-launched projects, said CII-Anarock joint survey.

“The survey underscores the massive impact that the coronavirus pandemic has had on home-buying decisions. The work-from-home and online education culture has resulted in buyers seeking larger homes, even if it entails moving to peripheral areas. Surprisingly, new launches are gaining traction post-COVID. 26% of the survey’s respondents will opt for homes in newly-launched projects, which is an increase of 4% over the pre-COVID period,” said Anuj Puri Chairman ANAROCK Property Consultants.

Source: The Economic Times ( http://bit.ly/2NTJWmu )