How Changing Demographics Shaping A New Real-Estate Momentum?

Understanding demographic shifts in real-estate is the key to success! Changing demographics in any given area prophecies the price trend of property. The one who timely understands the trend and invests logically, create success stories to tell generations to come.

We all know metropolitan cities have fetched big fat historic profits to real estate investors, however not everyone was lucky enough to grab them at the right time. When people get aware big sharks eat-up the market with good margins. Another side of the coin is some dirty fishes make the entire pool dirty. As we have witnessed many unfulfilled promises in metropolitan cities; illegal construction, half-done projects due to bankruptcy, intentions of fraud and the list goes on. Thanks to RERA that begot some benchmarks in this unorganized industry in 2017, but people were still suffering the pain of the past and over that Covid-19 changes the direction of how people perceived real estate.

New trends emerged during the pandemic. Work from home (WFH) concept brought a new demographic shift, which is also called the reverse demographic trend where people who were migrated to metropolitan cities for job are now either moving back home in their tier-2/ tire-3 cities, or at least little far from their office where they can occasionally commute to office and simultaneously save their cost of living in the nearby developing area. This trend grew rapidly after second wave of covid-19 when WFH gained more traction from mass as well as from the government authorities.

Reverse Migration, Flexible Work Options, Learning from Home, and the Desire for ample open and green spaces have turned the tide in favor of Tier 2 & 3 cities.

These changing demographics certainly sparked new real estate investment opportunities in tier-2 and tier-3 cities, most specifically those areas which are well connected to metropolitan cities. As a result, affordable segment gained new demand. Now people paying high rent in metro cities are shifted back to their cities at the cost of the EMI of their own home. Now, it was the time when an employee started thinking of owning his/her own house where he can work peacefully and no longer living at the mercy of landlord. But not anymore...!

Tracking and following the momentum?can lead to super gains, keeping precautions in mind.