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Is smaller units geting more attention from investotrs in Delhi?

Replies (4)
1
Hi Mr Harila,

According to me, in Noida and Ghaziabad again, buyers haven’t had their fill of 1BHK units. In the new developing sectors, 1BHK units were leading the demand.

Trend watchers feel that since the market has not shed the lull altogether, buyers are being cautious by going in for smaller units. While the end-user may be going in for a 2BHK, he’s also making sure that in future a smaller unit may be easier to sell. For an investor, 1BHK units in popular investment locales are undoubtedly a choice because it is easier to rent provided the job markets are in close proximity. This assures them of regular rentals.
Kajal


2
Hi Mr Harilal,
In my point of view, pro-investment buyers who are either NRIs or investors looking for rental returns are mostly unable to zero down on smaller units. The more established markets are oversupplied with larger units and capital values are therefore high. In a stagnant market, active buyers are looking for gains - either a house that serves their need and is easier to dispose if need be or serve as source of good rental income,
Kashif Ahmed


3
Hi Mr Harilal,
While a few traditionally rich families may have invested in 3BHK units, small investors and most end-users preferred 1 or 2BHK units.

As per different sources, it is seen that with an overall market share of 60 per cent, 1 and 2BHKs have registered an increase in demand by 2-3 per cent. Developers need to take cue because supply stands at only 20 per cent. This means that there has been no provision for a good 40 per cent of potential buyers who are ready to buy but not willing to pay for a bigger unit.
Tushar Sinha


@ Harilal,
As per my knowledge, Gurgaon was seen as the other South Delhi comprising of well-to-do and mostly young buyers looking for a lifestyle living and at the same time being friendly on their pockets. Most buyers in the Gurgaon market have for long chosen 3 or 4BHK units. Of late, the proportion of such buyers to those who go in for smaller units has declined.
Himangi deshmukh,  Delhi-NCR
30th January 2015


4
Hi Harilal,
If you are guessing it , then you are right. Neighborhood of South Delhi also seems to have gone in for smaller units. The market has been down for some time but active buyers were keen on making the most of the minor price correction that was witnessed in South Delhi. There were instances when home owners were keen to sell their property to either upgrade for a better lifestyle or to relocate to other cities. Prospective buyers had a good chance by negotiating harder.
Sufia


5

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