Festive season uplifts homebuyer sentiment, property searches surpass pre-COVID levels: Survey

After months of uncertainty due to the outbreak of the pandemic and the national lockdown, the onset of the festive season has finally uplifted the consumer sentiment in the residential real estate industry as investors are making a comeback while looking for exciting deals. The increased buying spree with the first-time buyers is induced by the sudden realisation of the benefits of owning a house in a COVID-like situation. Pent up demand from 2020 along with anticipation of a volatile stock market has given an expectation of a healthy recovery for the real estate sector by 2021.

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