Why to invest in a post COVID real estate sector?
Owing to the frequent fluctuations in Real Estate, there has been a lot of buzz about the growth and dormancy of one of the strongest pillars of the Indian Economy.
Many residential real estate sectors are also suffering from the outbreak of the global pandemic. The real estate sector was already under stress during the year 2019 due to the credit squeeze, high leverage, rising non-performing assets in the construction finance and also due to the overall economic slowdown.
But post the pandemic, there would be an increased focus on investing in one’s dream home with the Real Estate Regulation Act (RERA) approved by real estate builders to minimize risk exposure.
Many residences which are not covered under RERA, may stand to lose if the coronavirus-induced recession delays the project further. The RERA approved projects have inbuilt safety for the investments made by consumers.
Covid had made everyone realize the need for a good home, a good location, and upgraded amenities. People are now looking forward to the location that is away from the city’s hustle & bustle for cleaner and less congestion than the city.
To provide them a superior quality of life, Ace Parkway are also incorporating maximum open spaces in the projects and healthy facilities like outdoor and indoor sports, gymnasium, health clubs, and jogging tracks to maximize the health quotient. From the futuristic point of view, the people will prefer integrated townships where they can get everything. From offices to restaurants and grocery shops to medical stores, a township needs to have all that the residents need to live a comfortable life.
Keeping the same in mind, the properties in Noida are now coming up with a walk to work concept where the residential projects also have a commercial space dedicated to offices. This concept aims to bring numerous benefits that can improve the quality of life. Those who want to buy flats in Noida Expressway, then Ace Parkway is the best option.