As there is an increase in the demand for affordable housing due to the increasing population in India, real estate investment has been one of the most preferred investments in 2021 and it will certainly be one of the most preferred investments in 2022 too. In the third quarter of 2021, the Institutional real estate investment in India increased by 7% YoY. Investment registered in the first nine months of 2021 stood at US$ 2,977 million, as against US$ 1,534 million in the same period last year.
The surge in investments in real estate is due to the covid-19 pandemic because everyone was forced to return to their hometown. Most of these people now feel reluctant to move to their hometown and wish to settle down there. People have constantly been searching for affordable housing and quality living so that they wonât need to worry about not having a home or the pandemic. People are increasingly becoming more comfortable working from home and they are not willing to give it up anytime soon.
Real estate has been a little reluctant in involving technology in the industry as it was not a practical option then. But now, the involvement of technology has opened new doors and has also boosted sales in the real estate sector by introducing artificial intelligence and virtual and augmented reality. You can explore the property without leaving the comfort of your couch and artificial intelligence can carefully curate the properties best suited for your personality, taste and preferences rather than just curating based on location and amenities.
Technology has also helped the real estate industry adapt to the covid-19 pandemic and helped people evolve in terms of their choices and preferences. Investment in real estate became a more sought investment option due to the increase in demand and popularity among many investors.
Many cities are on the verge of becoming cosmopolitan and metropolitan cities. With increasing jobs being created in big cities due to which more and more people are moving to cities in search of jobs and to settle down there. As more and more cities are developing and bringing in more jobs, investment in real estate will also see a boom as more people will be willing to buy houses.
Real estate investment has been a very big part of the Indian economy for a long time and it does not seem like real estate investment is going to lose its charm in 2022. Even though the prices of real estate properties have been stable for the past two years, there will most probably be a surge in the real estate market due to increasing demand in the second half of the year 2022. Real estate investment is also capitalising on the healthy economic outlook of the country. The Indian economy market is predicted to grow up to 9% in 2022 which is acting as a catalyst between real estate investment and potential investors.
Many new builders are also shifting to using sustainable construction methods for the betterment of the environment. As people are becoming more and more conscious about the environment, introducing sustainable construction methods in 2022 will certainly increase the value of real estate properties too.
Properties by Aparna Constructions are some of the best properties to both invest and live in. With some of the best amenities, surrounded by lush greenery, top-class amenities like gym, swimming pool, grocery store, spa, a multi-purpose hall. They also follow sustainable development methods. Properties by Aparna Constructions will surely be on your list to invest in. Visit the website to know more about the properties offered by Aparna Construction.