The pandemic has sparked uncertainty and a complete lockdown of the economy. People are seeking safer investment options due to the volatile market conditions and a need for shelter during difficult times. Real estate is a safe investment and continues to be preferred due to its long-term growth. Unlike stocks, it has a physical presence, and even if it depreciates you will still have a physical asset. 

According to a survey, real estate is the preferred mode of investment for 43% of respondents, with stocks coming in second at 20%, fixed deposits at 19%, and gold at 18%. Due to the prevailing uncertainties, most people's priorities have shifted. With technological advancements, government policies, and NRI investments, the real estate market has witnessed an exponential rise even in recent times. 

The real estate sector has always been in high demand, however, after the pandemic the industry is said to experience a massive boom. The health crisis has reiterated the importance of owning a home. This has in turn led to the rise in the demand for newer real estate projects as well as an influx of newer home buyers. In addition to the aforementioned, the low home loan interest rates, slash in GST, and tax benefits have done their magic on home buyers too! With the market ready to facilitate the buyers with flexible payment options and discounts, real estate in Hyderabad was only marginally affected.   

With corporates worldwide adopting the “work from home” culture, homebuyers have now started looking for larger homes. The traffic on real estate portals for the search of one’s dream home has accelerated especially during the pandemic. 

We think it’s time for you to start your march towards letting your “dream home” wish come true. Start your hunt with Property Adviser!