00:00ncr housing inventory witnesses increased demand the national capital region also known as ncr
00:12has witnessed a remarkable transformation in its housing market over the past five years
00:17in this video we will explore the significant increment in sold housing inventory and its
00:23implications for the real estate sector but before we get started make sure to hit the
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00:34first let's take a look at the shift in delhi ncr's housing inventory
00:39according to anorak reports over the past five years the delhi ncr region has witnessed a 57
00:47growth in the housing inventory analysts at anorak have also stated that delhi ncr's real
00:54estate market health is significantly in a better state compared to other regions
00:58now here are the reasons for the increase in demand simply put several factors have contributed to
01:06this rise in demand one factor being developers determination developers have been strategic in
01:15delivering new supply additions efficiently according to demand which has helped to reduce
01:19the unsold inventory another factor is buyer confidence regulatory measures such as rara gst and the
01:29intervention of alternative investment funds also known as ifs have boosted buyer confidence
01:34leading to increased demand another reason is strong demand the demand for housing in the ncr is driven by
01:43those seeking modern luxurious and integrated lifestyles so how has this change impacted the real estate sector
01:51well the increase in the number of sold units in the housing inventory have had a significant impact on the real
01:59estate sector it has increased sales noida had approximately 7451 unsold units by q1 2024 end which was a 71% decrease
02:11from 2018 now let's talk a bit about the new projects the positive outlook is expected to result in a surge of new
02:21residential projects especially in the luxury segment the ncr's remarkable transformation from having a market with
02:29oversupply to recording a rapid revival is a testament to the region's resilience and adaptability
02:33that's all from us for today thank you for watching this video subscribe to our channel for more insights on noida's real estate sector
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