The COVID pandemic came along with a lesson for the World to value families and relationships. So at the beginning of 2022 everyone wanted to buy a decent home, primarily due to the lockdown families which were staying together with so many people around it was too congested at times.

COVID has also brought the trend of Work – From – Home (WFH). Initially, the rise in the Real Estate Market was thought to be the impact of WFH, but the trend is still continuing. The previous generation gave more importance to Earning over Education. Acquiring the first house at the age of 30-35 years was never a thing before. Most of today’s youngsters want to have at least a master’s Degree and a stable Job before buying their Own Home. 

The recent Young home buyers looked for everything that is modern in their Property. Unlike the previous generation, this Young generation is well – versed with the Technological Advances. Besides, post-pandemic, people have become quite health conscious. Millennials are now looking for homes which are in less polluted areas giving them access to better leisure activities. The location also plays a vital role these days; outskirts are preferred more than the internal parts of the City now.

Property Prices are likely to rise by another 5% – 8% in the larger Cities, which is great news for Investors focused on Capital Appreciation, but it also means that rental demand will increase further. Today the factors that influence Capital Appreciation and Rental Yields are firmly in place, and the profitability potential remains promising. 

Grade – A Developers are the ones who are the most benefitted, as during this time they increased the Price without worrying about the strong demand and high construction costs.The trend of inclination towards Larger Configuration Homes ruined Compact Housing Properties & now the Larger Homes are also paying better dividends in terms of both Rental Yields and Capital Appreciation.