In India, the real estate business has been rapidly evolving during the last few years. Greater transparency and the convenience of doing business have been made possible by major government efforts. The rebound in luxury real estate has been the silver lining from the pandemic problem, and since practically everyone is betting on a rapid V-shaped recovery, the year 2020 started on a bright note. The year 2021 is shaping up to be a good one for high-end real estate transactions.
With the vaccine now available to treat the coronavirus, there are high expectations for the New Year to usher in new beginnings.
As a result of the global pandemic, new patterns have emerged in numerous marketplaces, affecting several businesses. Real estate hasn’t been spared either. With workplaces closing and people working from home, demand for commercial and residential buildings has shifted dramatically.
NRI also wants to invest-
Following the SEBI’s modification to the laws governing Real Estate Investment Trusts (REITs), commercial real estate is projected to see an increase in investment as it offers more reliable and profitable returns than other real estate segments.
India is one of the world’s fastest-growing economies, and it’s becoming a popular real estate investment destination for NRIs. Because the pandemic has created a sense of uncertainty, they want to buy their homes here. Overall, wealthy purchasers will continue to spend more on real estate that provides them and their families with a sense of stability, wellbeing, and seclusion in their own protected bubble.
As a result, Gurugram, as the most targeted city, has seen a considerable increase in the sales of luxury houses. Raheja Revanta is one of them. Raheja Revanta Gurgaon Sector 78 is a 54-storey stately skyscraper in Gurugram that offers exquisite 1/2/3/4/5/6 BHK condos and penthouses. The lovely nature mingled perfectly with all comforts and amenities of a trendy upscale lifestyle.
About Raheja Developers:
Delivering a wide variety of property assets in the form of Residential, Retail, Multiplex, Commercial, Hospitality, etc., Raheja Developers has been one of India’s best real estate developers since 1990. The company has so far executed projects totalling over 60 million square feet, spanning over 900 acres of land at various stages of development.
Thus far, the company has accomplished and delivered 29.5 million square feet of projects, primarily residential and commercial, including farmhouses, plotted developments, and hotels, with more than 15.50 million under construction. The company is led by highly qualified professionals who maintain quality construction, on-time delivery, and total customer satisfaction. In the construction industry, it has always kept its promises.