Increasing Popularity of Luxury Projects Among Young Homebuyers
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- By Admin
- Dec 12, 2018
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Having survived the turbulence created by major economic reforms in the past year, the premium residential projects’ market has experienced renewed interest from Non-Residential Indians and elite investors this year.
Following the temporary interruption after demonetization and the implementation of RERA, the luxury housing segment has in fact showcased a more organized, transparent, and streamlined growth. And as per what market experts have to reveal, the demand for these exclusive residential properties is to grow further, especially across metropolises.
And while developers have managed to meet the rising demands with their quality offerings, our attention is drawn to the key factors behind this trend.
Effective Reformatory Policies
The implementation of Real Estate (Regulation and Development) Act or RERA has had an increasingly positive effect on the real estate sector across the nation. Having brought about improved transparency and timely project delivery, RERA has enabled homebuyers to invest in projects across all budgets confidently.
Upgrading the Lifestyle
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