Home Buying expectations post COVID-19 lockdown
May 15, 2020
Amidst the uncertainty circling around the global impact of COVID-19, it is difficult to think of a business or industry that has not been affected by this pandemic. It’s hard to tell the magnitude of impact on the global market and economy, and whether it will sink or swim. Since the effects of the coronavirus outbreak have altered the functioning of many industries, the Indian real estate sector, too, has seen some changes with respect to how people are approaching their home-buying plans and investments.
Since site-visits have become next to impossible, many are now turning towards technology-led property investments, which has made it possible for people to inspect properties online, get a thorough understanding of all the details related to a project, view the property through a 360 degree virtual tour, and discuss investment concerns with experts online.
Although the residential market is reeling under the COVID-19 impact, homebuyers are still making the most of the situation with ready-to-move-in options, reduced interest rates, and high tax exemptions. The unchanged repo rate is also an upswing for those who are looking for investment opportunities. It can encourage potential buyers who are on the fence with their purchase decisions.
Homebuyers who have purchased homes before the lockdown needn’t worry, however, there could be a few delays in the completion of the project. Those of you who are deliberating on the decision of investing in a residential property post lockdown, can use this interim time to find their dream home, shortlist properties, research and inspect apartments, and finalize deals.
This is a good time to lay low and choose your investments wisely. If you are on the lookout for spacious, luxurious homes that are complete with modern lifestyle amenities, community living and a great, self-sufficient neighbourhood, then you must check out the beautifully designed apartments in Chennai by Casagrand. You can start your search with Casagrand’s online support that will tell you everything you need to know about any property. In the face of current circumstances, make the most of your prospective home-buying plans and find yourself a home that meets your aspirations using seamless online support by Casagrand developers.