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Rising Trends In The Indian Real Estate Sector

By Runwal Group Posted On Oct 25, 2019
Category Market trends and insights

Rising Trends In The Indian Real Estate Sector

The real estate sector plays a key role in India’s economy, being a major contributor to GDP growth and job creation in the country. Residential demand has also been on a rise owing to rapid urban development and migration. The realty market has constantly been evolving with the introduction of newer policy reforms.

Here are 5 of the emerging trends leading the Indian real estate market today.

  • Millenial Housing
  • Young Indian professionals between their late 20s and early 30s are looking to buy their own homes. Being generally well-travelled and well-aware of lifestyle trends, this generation prefers good quality housing projects that deliver on an international standard of living. Builders have been meeting this rising need through the development of thoughtfully planned, premium properties.

  • Online Presence
  • Social media and the internet has helped establish real estate brand presence and brought about transparency, information exchange and ease in the home-buying process. Most buyers, being millennials, research everything online and make informed financial decisions.

  • Sustainable Living
  • Many developers are constructing projects that adhere to sustainability benchmarks through energy-efficient, eco-friendly designs. With more and more people becoming conscious, the emphasis is on leading healthier, greener lives. Clean air quality, pollution-free surroundings and eco-friendly living paves the way for a sustainable future and is becoming the priority of most buyers.

  • Home Automation
  • Smart home automation has been a real trend-setter in the realty market. Buyers are seeking homes equipped with the latest technology and advanced security to make their lives modern, up-to-date and convenient.

  • NRI Investments
  • The shifting market dynamics have presented lucrative opportunities for NRI investors. More and more NRIs are looking toward the Indian realty sector with Mumbai’s real estate emerging as one of the leading investment hubs.

If you’re looking to own a premium residence in Mumbai that ticks all the buckets in this list, you can check out the stunning properties by Runwal Group. Their project Runwal Pinnacle offers 1 and 2 BHK flats in Mulund West. This development has grabbed the limelight for being the tallest tower of luxury flats in Mulund West.

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Disclaimer

The plans, specifications, images and other details herein are only indicative and subject to approval of the concerned authorities. The Group / Owner reserves the right to change any or all of these in the interest of the development, without prior notice or obligation. Artist’s impressions are used to illustrate amenities, specifications, images and other details and these may be applicable to select apartments only. Tolerance of +/- 3% is possible in the unit areas on account of design and construction variances. All brands stated are subject to final decision of the project architect. This printed material does not constitute an offer and/or contract of any type between the Group / Owner and the recipient. No booking or allotment shall be deemed to have been made on the basis of this printed material. Any Purchaser / Lessee of this development shall be governed by the terms and conditions of the agreement for sale / lease entered into between the parties, and no details mentioned in this printed material shall in any way govern such transactions unless as may be otherwise expressly provided in the agreement for sale/lease by the Group / Owner. The Group / Owner does not warrant or assume any liability or responsibility for the accuracy or completeness of any information contained herein.