Consumer Outlook H2 – 2014: CommonFloor Survey

The swearing-in of a stable government at the centre in May 2014 has given multiple reasons to the real estate sector to cheer about. Overall economy seems to be coming back on track, investors are once again eyeing the Indian market and consumer sentiments are definitely looking positive. Additionally, the recent policy framework introduced in Modi’s maiden budget session gave the much-needed fillip to the realty sector as a whole. Unlike earlier, major emphasis has now been given to affordable housing, very much fitting to their vision of ‘Housing for All by 2022.” Initiatives for the overall infrastructure development in the country, relaxations in the NRI residential investment limits and Income Tax benefits, amongst others, were added benefits.

“As part of ‘Real Insights’ into real estate, CommonFloor.com has come up with a detailed report on Consumer Outlook H2 – 2014 – with in-depth analysis based on CommonFloor Survey.

For detailed report“

All these initiatives augur well for the sector which was reeling under a slowdown in 2013 marked by low GDP growth rate, higher interest rates and double digit inflation. It has brought confidence to the residential developers as well and buyers are looking upbeat. Therefore, to capture the current market sentiments, CommonFloor recently conducted a comprehensive half-yearly survey titled “Real Estate: Consumer Outlook H2 2014.” Various interesting trends and facts have emerged out of the survey and these have been carefully analysed and compared with our previous survey titled “Real Estate: Consumer Outlook H1 2014” conducted in January 2014.