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They have lighted on The Indian real estate market with plenty of room for growth, Long-
term demand drivers for real estate are strong in all sectors. India is a price-sensitive and
competitive market. Product investments that are more affordable have a better chance of
succeeding. An investor must have a long-term investment horizon while investing in this
country. As a result of enhanced market transparency and loosened investment limitations,
institutional investors have already invested over $25 billion in India's real estate sector,
with annual returns of 20-25 percent predicted. Investors should be mindful, however, of
the risks of investing in Indian real estate. Because of the opacity of the market, unregulated
speculation, and procedural and infrastructure issues.
3. “Consumer buying behavior in real estate sector in Punjab” by Jaideep Singh research
about the India is a developing country with a greater than 5% annual growth rate, ranking
sixth in terms of land area and second in terms of human resources (people). Although the
rural population still makes up the majority of the country's population, it is rapidly
changing as a result of industrialization and migration to cities in search of education or
employment. The real estate business has created enormous potential for all of its
participants. Despite the country's limited resources, the Real Estate Sector has grown
significantly in the last decade, garnering immense economic, technological, and social
significance. The real estate sector provides opportunities for new or expanded enterprises,
as well as for existing businesses to expand.
4. From the research article “Real estate market to touch new heights in 2023” by Times
Property: Housing market in the top seven cities thus is likely to attain a new peak by 2023,
when housing sales are estimated to cross 3.17 lakh units and new launches by 2.62 lakh
units during the year. City-wise, MMR and Bengaluru are all set to lead from the front with
maximum housing sales and new launches in 2023, as per a report by Anarock.
6. Meera Shankar in her research report on” Impact of COVID-19 pandemic on Real Estate
Industry with Reference to India” has mentions and given suggestions on the industry must
prepare for far worse consequences than previously anticipated. With the threat of disease
affecting human life, the R.E. department is seeing a drop in property visits and buyer interest.
However, the globe has faced similar flare-ups in the past, such as SARS illness, bird flu, and
so on, and has successfully recovered. Each calamity is an opportunity to reach new heights.
The next few months, unfortunately, look bleak for the industry because of the demand slump,
poor market sentiment, and disruptions in the supply chain. Though the government has
introduced relief measures that are sure to be beneficial, unless the market sentiment picks up
andthepandemicsubsides.
7: Understanding the Role of Real Estate Agents in Consumer Purchase Decisions by Sandeep
singh and Jaideep singh (June 2016)
The study found that the “word of mouth” referral is critical for consumers incomparison to
advertising strategies adopted by Real Estate Agents to attract consumers. Theconsumers also
agreed that services of established, experienced and licensed real estate agentssignificantly
influence purchase decision. The consumers agreed that real estate agents are well-networked,
technology savvy and determine the best buy option after assessing variables likespace
requirements, affordability, down payment and community resources.