Support: +91-22-61011756 / help@projectstoday.com
Featured Articles
Featured Articles   -   Project Experts Speak
Monday, 16 Dec 2019
Share this on :

Year-end & Outlook 2020 by Anuj Khetan, Director, Vijay Khetan Group

Anuj Khetan

‘’The year 2019 has been a roller coaster ride for the realty sector with the developers understanding the preferences of the homebuyers and altering the supply accordingly. The metropolitan and large cities in India have several real estate micro-markets that are reasonably priced and offer good returns for end-users and investors alike. The Co-living and rental apartment in Mumbai is in demand for evolved housing solutions coming from millennials, students and young working professionals. Therefore, such trends will remain the flavour of the season for next few years to come. Speaking of Mumbai MMR, extended Western Suburbs such as Andheri, Jogeshwari, Dahisar, Kandivali, and Borivali saw the maximum influx of new projects. While in H1/2019, ready-to-move-in units ruled the sector, the second half of the year saw under-construction units driving the market. However, homebuyers’ preference experienced a significant shift in Mumbai. However, we expect 2020 to be more stable and propel real estate growth. We anticipate that gradual recovery will speed up with more fence-sitters converting into actual buyers.’’

 
Post Your Comments
 
 
   
 

 

 
  
Projects Explorer App

Data Explorer - Facade Search - ProjectsToday

REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services