Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Vedanta Aluminium earns prestigious Grow Care Awards for exemplary people practices Business
  • Seven Spring: Revolutionizing the World of Tea with Sejal Purohit Business
  • Sikh Community comes up with E-Commerce Platform – www.WSCCKart.com Business
  • Mental Wellness Begins with Social Well-being: ES Chakravarthy’s New Focus in Education Education
  • Navigating Cybersecurity Challenges: Practical Solutions for Pharma with FlyingStars Business
  • Ace music composer Chintal Khatke gears up for his debut banger ‘Drunk and High’ Entertainment
  • Gurgaon Based company brews a unique event on Beer Day Lifestyle
  • Mumbai Welcomes the Launch of the Centre for Media and Policy Research (CMPR) Business

The top most trending factors in real estate in 2023  By Shravan Gupta

Posted on September 16, 2023 By

Mumbai (Maharashtra) [India], September 16:  2023 has started with a bang for the real estate. We are seeing many new constructions and a boost in house sales. These will grow more in the coming months, boosting the sector. According to real estate experts, the sector is undergoing tremendous changes, making it the most profitable sector. 

One may wonder why there is a jump in house sales. Well, these can be attributed to several government initiatives, low home loan rates and a competitive market. Enhanced buying power has drawn people to invest in new homes. This change became evident in 2019, and the trend has grown in 2023. Experts like Shravan Gupta and MGF Group feel this change can be attributed to these changing factors.

Everyone dreams of having their own home. This is made possible due to the affordable housing scenario. The government is promoting several schemes like the PM awas plan, whose main aim is to make houses at low and affordable prices. These are available at a much lower market rate and have drawn prominent builders to the sector. It has drawn people to invest in homes with government schemes and home loans.

The renewed focus on home loans is another factor responsible for the leap in the real estate segment. It won’t be wrong to assume that low home rates have drawn many to invest in a new home. It is easy to avail yourself of home loans at a low rate from banks like ICICI and SBI. These come with several perks like floating loans and many such schemes like free parking and extra flooring. These are the biggest factors which attract new investors in the sector. Shravan Gupta, MGF Group, feels it is the best time to invest in a new home and avail yourself of tax benefits too.

Another vital factor is the trend of rental apartments. Most people today prefer to live near workplaces and schools. Hence, it is a common practice to live in a rented apartment. Such homes are available in prime areas, and one does not have to worry about transport. It is wise to invest in small homes if it’s solely for rental purposes. Unlike other investments, rents will continue to rise, making it a steady source of income. These make buying a house the best option in a country like India, where real estate is headed towards progression.

Ultimately, people buy new homes from the health angle. People have realized the value of good health, and a building that has open space, a separate yoga room and a gym are highly in demand. One can stay fit without stepping out of the home. Shravan Gupta, MGF Group, believes this will change the design and aesthetic of buildings in the future.

India is poised to grow at a steady pace. This has boosted the real estate sector and drawn several new players in the market. These trends take this one step further, signaling a boom in the housing segment. 2023 is the year of real estate, and it’s time to capitalize on it with open hands.

If you have any objection to this press release content, kindly contact pr.error.rectification[at]gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Business Tags:Business

Post navigation

Previous Post: Veerhealth Care Ltd fix 22 September as the record date for 1:1 Bonus
Next Post: COMPUTECH: Transforming the PC Components Industry in Thane (Mumbai)

Related Posts

  • Discover elegance and luxury at ‘AGL Universe in Panchkula’, Haryana’s premier destination Business
  • Building Smarter Cities: The Future of Urban Growth Through Efficient Plan Approval Systems Business
  • Indian Icon Awards 2024, A Night of Glitz, Recognition, and Inspiration! Business
  • Uttarakhand’s Governor speaks about the future of Uttarakhand at TEDx Mussoorie Business
  • Minnions Tech is bridging gaps in promoting businesses online Business
  • No.9 Skincare Unveils Revolutionary Skincare for Radiant Skin and Timeless Beauty Business

Recent Posts

  • Aayush Wellness Launches Brain Fuel Capsules
  • India’s AI Future Begins Here: Scaler School of Technology’s New-Age Engineering Blueprint
  • Protyze Launches HYDRA-X: India’s An Advanced Clear Protein with Electrolytes, Creatine & Glutamine.
  • IMS Ghaziabad (University Courses Campus) and Dainik Jagran Honor Academic Excellence at the ‘Pratibha Samman’ Ceremony
  • Vedic Meet – India’s Leading Problem-Solving App for Online Astrology

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • Three-day Global buyer sellers meet on ‘Exports’ begins Business
  • Shubhashish Homes Launches Shubhashish Stars Program For Its Most Loyal Buyers & Tenants Business
  • Aajjo.com, Providing Global Reach to Indian Manufacturers and Sellers Business
  • Home loan interest rates revised by Central Bank Business
  • Meadbery steps in to promote plant-based supplements for a better health Health
  • Coingape Media: Asia’s Largest Online Crypto & Web3 Publication Business
  • ACET launches awareness drive for migration to Australia Education
  • How New Holistic Companies Preserving Ancient Vedic Practices Lifestyle

Copyright © 2025 Daily News India.

Powered by PressBook News WordPress theme