Director, Dotom Realty
New Delhi, December 28, 2019: With a large number of global and domestic institutional investors, India is moving closer towards becoming an organized sector. The real estate segment was backed by several government initiatives to promote housing, leading to a marginal increase in supply. Today, the customers are willing to opt for residences with a wide range of luxury amenities at affordable prices. Also, the developers are altering their business strategy by looking to clear the inventories rather than hanging in and waiting for the prices to increase. The growing demand for 1 BHK studio apartments will continue to capture the market in 2020. Developers are expected to invest in the latest construction technology in the coming years to ensure timely completion of their projects that will meet international standards.’’
Corporate Comm India(CCI Newswire)
