57% people prefer to buy property now: Ipsos Study
International research company, Ipsos has conducted a poll which revealed that around 6 out of 10 Indians believe that investing in vacation homes, investment property, and other realty this month, will garner positive results. Associate director at Ipsos Business Consulting, Bhasker Canagaradjou says that the formation of the new government has had a positive impact on consumer sentiments. With the stock market already showing improvements, realty prices are also expected to go up by the end of 2014.
He also added that realtors who are suffering under debt are giving out discounts, using the optimism in the market scenario to their benefit and making inventories smaller. Residential realty rates might also see a small increase in demand, and amount of transactions.
Source: Silicon India
Bhasker Canagaradjou, International research company, investing in vacation homes, Ipsos Business Consulting, Ipsos Study, Residential realty rates, vacation homes rent
