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Festive season 2021 could be a game changer for Indian realty
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In residential real estate, the excitement around this festive season seems more intense this year. And why not! According to Housing.com’s IRIS index for September 2021, the online property search volume has surpassed the historical peak of September 2020. The growth momentum of high-intent buyer activity has continued to stay above-100 mark sequentially since the last three months (July-September 2021), suggesting that the residential real estate sector has bounced back quicker post the second wave than the first.
Corroborating with the uptick in the IRIS index, Housing.com & NAREDCO’s recent survey on consumer sentiment outlook for the coming two quarters also suggests that homebuyers are interested in resuming search activity.
In fact,
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