{"id":1228,"date":"2021-02-22T04:51:00","date_gmt":"2021-02-22T04:51:00","guid":{"rendered":"http:\/\/staging.earnnest.me\/?p=1228"},"modified":"2021-08-30T09:06:14","modified_gmt":"2021-08-30T09:06:14","slug":"the-worst-is-behind-for-residential-real-estate-in-india-report","status":"publish","type":"post","link":"https:\/\/www.earnnest.me\/web\/the-worst-is-behind-for-residential-real-estate-in-india-report\/","title":{"rendered":"The worst is behind for residential real estate in India: Report"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1228\" class=\"elementor elementor-1228\" data-elementor-settings=\"[]\">\n\t\t\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-79aab87 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"79aab87\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ec773d0\" data-id=\"ec773d0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2185856 elementor-widget elementor-widget-text-editor\" data-id=\"2185856\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>Residential sales in CY 20 have outperformed across multiple cities. Despite, being a pandemic-affected year, the demand for residential has increased as the lockdown re-established the importance of owning a house.<\/p><p>With banking rates moving to historical lows, mortgage rates too have reduced, leading to increased propensity for home ownership. Non-Resident Indians (NRIs) impacted by uncertainties globally too are renewing interest in buying properties in India.<\/p><p>With work from home becoming increasingly acceptable, travel to office may no longer be an everyday activity, increasing the focus on suburban markets that offer lower density environments and more spacious apartments at affordable rates. Preferences are moving towards larger homes in self-contained complexes with facilities like gym, green open spaces and access to daily necessities.<\/p><p>Focus on mid and affordable segments is expected to continue, with more than 80% of the new launches in 2020 remaining concentrated in the category.<\/p><p>With residential sales starting to look up, developers will seek financing to maintain the development momentum, providing increased opportunities for investment in steady projects<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Residential sales in CY 20 have outperformed across multiple cities. Despite, being a pandemic-affected year, the demand for residential has increased as the lockdown re-established the importance of owning a house. With banking rates moving to historical lows, mortgage rates too have reduced, leading to increased propensity for home ownership. Non-Resident Indians (NRIs) impacted by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":755,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-1228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The worst is behind for residential real estate in India: Report - Earnnest<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.earnnest.me\/web\/the-worst-is-behind-for-residential-real-estate-in-india-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The worst is behind for residential real estate in India: Report - Earnnest\" \/>\n<meta property=\"og:description\" content=\"Residential sales in CY 20 have outperformed across multiple cities. Despite, being a pandemic-affected year, the demand for residential has increased as the lockdown re-established the importance of owning a house. With banking rates moving to historical lows, mortgage rates too have reduced, leading to increased propensity for home ownership. 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