Real estate still most preferred asset class for investment
Financial Express
Sanjeev Sinha
Real estate continues to be the preferred asset class for investment and close to 50% of prospective customers are expecting prices to rise in the coming months due to strong demand during the festive season, according to a joint survey by Housing.com and NAREDCO.
As per the findings of the survey, titled ‘Residential Realty Consumer Sentiment Survey H2 2022’, 47% of respondents prefer to invest in real estate, the highest compared to other asset classes such as stocks, gold, and fixed deposit.
Commenting on the survey findings, Rajan Bandelkar, President, NAREDCO, said, “The real estate sector in India is witnessing green shoots of recovery, thanks to various policy interventions implemented by the government, aiding the realty sector to grow and ensuring speedy recovery of the industry post Covid.”
