last week, Gold touched at its highest. USA markets are touching high everyday. Indian stock markets are up by 40% from its lowest level. Can the real estate market be far behind?
Real estate market is picking up too. The residential market is witnessing increased number of enquiries. This level has now reached to 50-75% of Pre-Covid times.
Gurugram too, is also seeing a trend of increased enquiries. Customer site visits and conversion are picking up. Real Estate market will not be lagging and with coming festive season, demand is expected to go up further.
Residential real estate is slowly recovering in Metros across India and Gurugram enquiries have reached to 60% of Pre-Covid period. A real estate firm has announced to invest Rs 400 crore in next 3 - 4 years to develop a new housing project in Gurugram.
Green shoots are visible. Serious buyers are back in the market. Real Estate cannot be far behind when Gold and Stock Market, are touching high everyday.
Image by Nattanan Kanchanaprat from Pixabay