Real Estate Sentiment Index of India Q4 2021 report by Dhaval Ajmera, Ajmera Realty & Infra India Ltd
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Below is Perspective on Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index - Q4 2021 India Sentiment Index Q4 2021 report by Dhaval Ajmera, Director of Ajmera Realty & Infra India Ltd
Kindly find below Perspective by Dhaval Ajmera, Director of Ajmera Realty and Infra India Ltd. on Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index - Q4 2021 India Sentiment Index Q4 2021 report.
“The resilience of the real estate industry in the first two wave of covid has pinned hope that the sector will overcome Omicron variant. Due to the pandemic and constant uncertainty, real estate sector has emerged as the most desired investment choice. Despite multiple challenges posed by different COVID variants, real estate sector witnessed a strong growth and showcased positive signs of recovery. The recent decline in home loan interest rates, reduction in stamp duty, infrastructure boost and flexi-payment plans has made home buying affordable for buyers. With a constant policy push by the government, our industry has witnessed significant revival in the residential properties which has influenced the sentiments of the fence sitters. In the past few months, demand for quality and spacious homes developed by renowned brands has witnessed a huge traction, which resulted in launch of new projects that cater to the projects that offer best in class services, tailored experiences and top-notch amenities. Besides residential, commercial asset class shall also gain momentum and we will see an upsurge in both residential and commercial properties in coming 2-3 quarters.”
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