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They have lighted on The Indian real estate market with plenty of room for growth,
Long-term demand drivers for real estate are strong in all sectors. India is a price-
sensitive and competitive market. Product investments that are more affordable have a
better chance of succeeding. An investor must have a long-term investment horizon while
investing in this country. As a result of enhanced market transparency and loosened
investment limitations, institutional investors have already invested over $25 billion in
India's real estate sector, with annual returns of 20-25 percent predicted. Investors should
be mindful, however, of the risks of investing in Indian real estate. Because of the opacity
of the market, unregulated speculation, and procedural and infrastructure issues.
4. From the research article “Real estate market to touch new heights in 2023” by Times
Property: Housing market in the top seven cities thus is likely to attain a new peak by
2023, when housing sales are estimated to cross 3.17 lakh units and new launches by 2.62
lakh units during the year. City-wise, MMR and Bengaluru are all set to lead from the
front with maximum housing sales and new launches in 2023, as per a report by Anarock.
6. Meera Shankar in her research report on” Impact of COVID-19 pandemic on Real Estate
Industry with Reference to India” has mentions and given suggestions on the industry
must prepare for far worse consequences than previously anticipated. With the threat of
disease affecting human life, the R.E. department is seeing a drop in property visits and buyer
interest. However, the globe has faced similar flare-ups in the past, such as SARS illness,
bird flu, and so on, and has successfully recovered. Each calamity is an opportunity to reach
new heights.
The next few months, unfortunately, look bleak for the industry because of the demand
slump, poor market sentiment, and disruptions in the supply chain. Though the government
has introduced relief measures that are sure to be beneficial, unless the market sentiment
picks up andthepandemicsubsides.
7: Understanding the Role of Real Estate Agents in Consumer Purchase Decisions by Sandeep
singh and Jaideep singh (June 2016)
The study found that the “word of mouth” referral is critical for consumers incomparison to
advertising strategies adopted by Real Estate Agents to attract consumers. Theconsumers also
agreed that services of established, experienced and licensed real estate agentssignificantly
influence purchase decision. The consumers agreed that real estate agents are well-
networked, technology savvy and determine the best buy option after assessing variables
likespace requirements, affordability, down payment and community resources.