85 per cent first time buyers pave way for realty growth in 2021 ANI | Updated: Jun 01, 2021 15:02 IST
New Delhi [India], June 1 (ANI/NewsVoir): The Indian real estate sector has always remained an investor s favourite which has shown immense resilience against the pandemic. Continuing its uphill climb against all odds, the sector continues to attract potential buyers.
These positive sentiments were reflected in a recent ANAROCK report which said that in the nine months between July 2020 and March 2021, 85 per cent of homebuyers in the NCR market were first-timers. During volatile times, buyers pursue comfort and steadiness, and the prevalent demand for real estate has established that there is an appeal for stable assets in an otherwise unstable economy. The industry has shown indomitable resilience against the pandemic and has transformed it into a buyer s market, said Aakash Ohri, Sr Executive Director, DLF Home Developers Ltd.