The pandemic has severely affected the real estate market in India. The residential prices have been revised across Indian cities. With the Government policies focused on improving demand keeping the home loan interest rates to historic low, the environment is right for end users and investors to enter the market. The ‘second wave’ of the Covid-19 pandemic, and the lockdown which states implemented resulted not only in attractive pricing, but also about other measures which make it ‘advantage home buyer’, making it even more attractive for a home seeker to go ahead and buy their ‘dream home’.
The pandemic has changed the perception of homebuyers, who now perceive home as an important component of security, financial or social. The rise in trends such as Work From Home has further bolstered the preference for purchasing bigger homes or upgrading to larger homes. Over the last three quarters, despite the second wave, residential sales have hit record highs due to the above-mentioned factors. In general, we believe that this is one of the best times to buy a new home due to some of the below reasons: Multi-decadal low mortgage rates – of sub 7% p.a. has led to a 15-20% saving in EMIs and reduced the spread between the 2-3% residential yield and interest rates
Stagnated prices – After 5-6 years of prices being stagnated, there is likely to be an uptick in prices over the next few years and select projects in some cities have already started witnessing this trend
Low volatility – Real estate has shown its resilience over time and offers a significant diversification benefit given the relatively lower volatility as compared to the equity markets.
Its time to invest in the latest offering, SG Shikhar Height with 2 and 3 BHK residencies comprises The gamut of amenities making it one of the prime projects in Ghaziabad. It also has ventilated layouts for better ventilation and lighting. It can be rightly said that this project is strategically located in Uttar Pradesh’s gateway which is directly connected to New Delhi and Noida. Besides, Hospitals, Schools and Markets are in close proximity.
About SG Estates Pvt Ltd.: -At SG Estates Pvt Ltd., we offer a wide range of homes with the best amenities across top residential locations in Ghaziabad. Our access to the best resources, transparency and timely deliveries of the projects on commitments ensures that you get the most satisfying home buying experience. If you’re looking for the perfect home for your family, you can visit www.sgestates.in & find options best suitable to book your dream home. Our recent deliveries include SG Oasis in Vasundhara, SG Benefit in Govindpuram, SG Grand, Phase 1 in Rajnagar Extension. The SG Shikhar Height, SG Grand Phase 2 are ongoing projects located in the prime regions of Ghaziabad at SiddharthVihar&Rajnagar Extension, which provide luxurious & convenient amenities for living a perfect lifestyle!
Spanning across 3 decades, SG group has delivered a plethora of projects where happy families had been residing already and which can be witnessed at https://www.sgshikhar.in