The world economy has been pulled into a great recession by the Covid-19 impact. The developed economies like Italy, America are affected that were not expected by the top investors in the world.
The backbone of the world economy like Travel and Tourism, Automobile, White Goods, IT, Retail industries are in the big loss on which investors and people are started rethinking on their investment plan to make their money better for securing the future of their generation.
The only one hope is still alive after the slowdown in the biggest sectors of the economic cycle in the form of the real estate industry that is going to boost in the next 5 years as per the experts.
India is doing far better and in the process of balancing the pandemic impact situation because of possibilities in the real estate sector that is known as the “boomer” sector during the economic crisis.
Here is the fact:
– Investors are taking a turn to Real Estate from Stock Exchange and gold.
– Indian Government and Banks to Infuse a large amount of money for economic revival that makes it easy to get loans.
– India will overcome this crisis much earlier than most of the countries.
– As the reverse Migration from America and other countries will soon start happening, it will lead to a great demand for Premium Residential Apartments.
– Corporate is all set to grab this opportunity. Make in India, Startup India, etc will give an extra push.
– Commercial Spaces (Offices/Retail) will eventually see a spike in demand.
– Northern India has a Majority Share in the NRI population. – Lockdown will leave everyone with a desire to have a bigger home place, therefore, most of the families would look for more than 2 BHK residential space.
-This un-paralleled demand in Real Estate is foreseen by many experts and it obviously makes it a lucrative deal for Investors as well as end-user.
– Expected ROI could be seen at almost 2 times for residential and commercial within 3-5 years. However, Rentals will see a temporary correction in the Metro Cities.
– India will become the Manufacturing and Export hub (Like China) in the next 5 years that will create huge Jobs.
