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Why India’s residential real estate sector is likely to witness better sales

Why India’s residential real estate sector is likely to witness better sales

The Covid-19 pandemic has accelerated demand for houses. Post-COVID-19, there is going to be a change in how people think and live. The buyer sentiment will definitely be impacted. The pandemic has established the fact that owning a home is way better than living in rented accommodation. Now people have realised the importance of their own home, as an asset class in their investment cart, Real Estate is a more reliable option that offers steady returns compared to the highly volatile stock market that comes with heightened risks.

Due to this pandemic nowadays working professionals need a home that can accommodate workstations along with a study room for kids. In the wake of the pandemic, many companies have mentioned that their employees would continue to work from home.

As per a survey conducted by ANAROCK Property Consultants and Confederation of Indian Industry (CII), almost 62% of Indians believe that the post coronavirus pandemic period is the right one to invest in real estate. The coronavirus pandemic and its ramifications have convinced them that having one’s own roof is imperative.

The real estate sector saw a smart recovery with many consumers moving ahead with their decision to buy a house. Home loan rates are currently over a decade low, spurring demand in the sector and triggering hope in the industry that the sales momentum would continue. A host of factors like reduced home loan interest rates, reduction in stamp duty, and discounts and deals offered by real estate developers have made home-buying an attractive proposition in Mumbai.

Here’s an article that will tell you why to invest in mira road | present and upcoming infra at mira road

With new cultures like work-from-home and online education permeating almost every household triggering the need for more space, the demand for homes is rising at breakneck speed. Consequently, homebuyers are looking to buy properties that are not only more spacious but also located in less populate like Mira Road.

Mira Road has emerged as one of the fastest-growing real estate markets in the Mumbai Metropolitan Region (MMR). From paramount connectivity, sound infrastructure to an array of residential opportunities, the stretch has it all, making it a potential investment hub. Mira Road is perfect for those who seek affordable and connected housing. Mira Road is also known as the best alternative for the pricey location of Mumbai.

Ravi Group, a prominent name in the realty market of Mumbai and Mira Road. The company has three projects in the area that are Gaurav Crest, Gaurav Woods, and Gaurav Excellency respectively. The different projects of Ravi Group offer multi-generational homes that cater to the requirements of every age group. The luxurious homes at affordable prices are offered by the company. If you are looking for a 1 bhk flat in Mira Road East, then you must look for the Gaurav Crest project as it offers high-end amenities and a lavish lifestyle. Spacious residences that are well-equipped with extravagant specifications are offered by this project.

Leading developer and builder in Mira Road, Ravi Group reviews various amenities and details before providing you the possession of your dream home to ensure hassle-free living.

The value for money residences at Ravi Group is the true representation of a modern and convenient lifestyle. The serene and stress-free environment is promised by the extravagant projects of Ravi Group. According to Mr. Jayesh Shah “owning a spacious house, post-COVID has become more of a necessity than a feeling of luxury. In order to meet the work choices and requirements of every family member, a commodious house is a must. This simply means that people are demanding for independent work-from-home spaces which will surely positively change their lifestyle.”