ZyFin Research has
come out with the Real Estate Purchase Sentiment Index for the month June 2014
which is a measure of willingness to purchase real estate in the next 6 months.
Based on recent trends, the Index has been
suggesting a mild recovery in willingness to spend since May 2014.
Insights: •
Among the metros, the
Index is optimistic (score above 50) in Hyderabad and Delhi, suggesting an
expected rise in real estate purchases here over the next 6 months.
• Among the regions,
the Index is highest in North India, reflecting a stronger demand in this part
of India.
• Also, metro cities
would see a quicker recovery in housing demand in the next 6 months, closely
followed by Tier II cities. Tier I cities lag behind metros and Tier II cities
by a significant margin.
• Interestingly,
single consumers are less pessimistic than married consumers when it comes to
buying property.
Vinisha Khatwani
Senior Associate
+91 9769568842
www.genesisbm.in
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