Real estate remained the most preferred asset class for investment among 59 per cent of Indians in the first half this year, as 57 per cent of investors said they are buying premium properties to earn rental income, driven by surging rental rates in cities, according to a report on Friday.
About 51 per cent of respondents prefer 3 BHK units, showing increased demand for larger home, as 67 per cent of buyers seek property for end use, while 33 per cent the investment purpose, said the report by FICCI and Anarock Property Consultants.
The report highlighted significant shifts in homebuyer preferences and market dynamics in India's real estate sector.
“Investor confidence is vital for the industry's long-term success, and SEBI’s focus on transparency and governance has been key in building this trust,” said Pramod Rao, Executive Director, SEBI. He emphasised that strong compliance and better disclosures will be crucial in attracting institutional investments.