REAL ESTATE EMERGED AS THE MOST PREFERRED INVESTMENT OPTION: FICCI-ANAROCK SURVEY

Despite all-time high markets and high double-digit returns in mutual funds, report by FICCI-ANAROCK, reveals that 59 per cent of respondents choose real estate as the most preferred investment option.

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Mumbai : Despite all-time high markets and high double-digit returns in mutual funds, report by FICCI-ANAROCK, reveals that 59 per cent of respondents choose real estate as the most preferred investment option.

According to "Homebuyer Sentiment Survey - H1 2024", the Indian real estate market is experiencing significant changes, with evolving buyer preferences and market trends, according to the A majority, 67 per cent, are buying properties for personal use, while 33 per cent are investing. However, demand for ready-to-move homes has seen a noticeable decline.

The current ratio of ready homes to new launches is 20:25, compared to 46:18 in H1 2020, indicating a shift towards new projects. Additionally, there is a growing preference for larger homes, with 51 per cent of respondents favoring 3BHK units.

While properties within the Rs45 to 90 lakh range remain popular, there's a shift toward premium offerings, with 28 per cent of buyers now preferring homes priced between Rs90 lakh and Rs1.5 crore.