Expectations of property seekers from NaMo govt.
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Transcript of Expectations of property seekers from NaMo govt.
Expectations of property seekers from the NaMo GovernmentA REAL ESTATE MARKET SENTIMENT SURVEY BY INDIAPROPERTY.COM
Sample and Demographics Sample Size : 2583
Survey conducted between 2nd June and 11th June
30.6 % of the respondents were above the age of 46 and ~40% between 25 -35 years of the age
82 % of the respondents were males
35% of property seekers feel that the time is ripe for real estate investment
35%
49%
16%Yes, I think the time is right for realestate investment
I am not sure, I might hold thedecision for now
No, it's not the right time to invest
Top reasons why real-estate looks promising today
Likely decrease in home loan interest
Increase in infrastructure developments
Demand andprice is set toincrease in
future
Set up ofa real estate
regulator
Developers holdingproperty up till post
elections will reduceprices and sell
25% 21% 28% 13% 13%
62% of property seekers expect real estate prices to soar in the near future
62%
38%Yes
No
38% of property seekers expect the prices to escalate in the next 1-2 years
32%
38%
30%
6-12 months
1-2 years
> 2 years
Apartments top the charts when it comes to property investments
Apartments40%
Residential Land23%
CommercialProperty
7%
Individual House24%
Farm House3%
Row House3%
Top cities to park your money in – Buyer’s perception
30%
15%
12%
9%
7%
21%
6%
Mumbai
Bangalore
Chennai
Pune
Kolkata
Delhi - NCR
Hyderabad
Hot localities
MUMBAI
9%
10%
10%
15%
7%
28%
21%
Airoli
Mira Road
Goregaon (East)
Borivali (West)
Kandiwali
Andheri
Vashi
DELHI - NCR
9%
13%
9%
14%
8%
47%
Uttam Nagar
Rohini
Indirapuram
Vasant Kunj
Ashok Vihar
Noida Expressway
15%
17%
16%14%
18%
13%
7% Wakad
Hadapsar
Baner
Kharadi
Wagholi
Magarpatta
BT Kavre Road
CHENNAI
27%
16%
13%
14%
21%
9%Tambaram
Guduvanchery
Kelambakkam
Medavakkam
Porur
Pallavaram
Hot localities
PUNE
BANGALORE
31%
23%16%
18%
12%Whitefield
Electronic City
JP Nagar
Sarjapur Road
Kanakpura Road
KOLKATA
18%
24%
12%
28%
18%Garia
Behala
Rajarhat
New Town
Tollygunge
Hot localities
HYDERABAD
31%
13%
19%
18%
19%Gachibowli
Miyapur
Kukatpally
Chandanagar
Kondapur
Hot localities
79% of property seekers prefer long term investment in real estate
Short term (i.e., Flipping)
21%
Long term (Buy and Hold)79%
Investment Preferences
Investment in Gold15%
Investment in Stocks and Shares18%
Investment in Real Estate67%
Expectations from the NaMo Government
55% of the respondentswant a reduction in home
loan rates
41% of the respondentswant a real estate regulator
To be set up
44% of the respondentswant a boost in infrastructure
facilities
Expectations from the budget
26%
19%
10%
11%
34%
Overall Chargeability limits
W.r.t. house property income andinterest limits on self occupiedproperty
W.r.t. Chapter VI D deductionsespecially for principal home loanpayments
W.r.t. capital gains, specialconcessions for housing sector
Not so sure
Thank you.