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Ready-to-move-in projects safe haven for home buyers in times of COVID-19

Today, it is extremely crucial for home buyers to understand how investing in real estate can help in de-risking their investment portfolio.

With construction constraints in the real estate sector across the country and ambiguity over project completion, because of disruption in
supply chain, labour availability, and liquidity issues, buyers are in double mind on how best to de-risk their investment decision. This has led
to customer being more cautious as to where he invests his hard earned money.

The government has shown it solidarity with the developers with six months extension in the completion dates for projects under RERA, to de-stress
the industry, but does that help consumers to take a decision on where to invest and if it’s the right time? While pre COVID-19 period, the real
largely looking at residential properties primarily for end-usage. Which is why there has been a surge in Ready to Move In Properties.

But the decision is also sentiment driven – to safeguard their own future, future of their ageing parents and that of next generation. As a result, potential
buyers who have been in discussion for over 3-6 months, have decided to close the deals during the lockdown and the market has seen a tremendous rise
in the sales of Ready to Move In.

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