In a recent article featured in The Hindu, Mr. Rakesh Reddy, Director of Aparna Constructions, sheds light on a significant shift in homebuyer preferences. Despite a surge in new property launches, there’s a remarkable inclination towards fully completed homes, particularly in the affordable and mid-budget segments. This preference stems from concerns over project delays, inflationary pressures, and supply chain disruptions that impact the cost and delivery timelines of under-construction properties.
Furthermore, the appeal of ready-to-move homes has grown with the rise of remote work options and the lure of spacious suburban living, especially in tier-2 and tier-3 cities and highlights the ever-evolving landscape of the real estate sector.
To know more about the evolving landscape of the real estate sector, click here: