84 percent aspiring homebuyers prefer ready-to-move-in houses

Nearly 84 percent homebuyers now prefer to invest in either ready-to-move-in projects or those slated for completion within the following six months, according to a report titled Real Estate Consumer Outlook: H2 2018 by ANAROCK Property Consultants. Buyers continue to perceive risks associated with newly-launched projects in terms of delays and shady dealings by some developers. Ready-to-move-in properties are garnering maximum interest from buyers who prefer what you see is what you get assurance, it said. Nearly 11 percent participants favour properties that will be ready within a year and only 5 percent want to put their money in newly launched projects. The survey was conducted in seven major cities  Delhi-NCR, Mumbai Metropolitan Region (MMR), Bengaluru, Hyderabad, Chennai, Kolkata and Pune -- and saw the participation of 2,621 people.