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Affordable Housing- Home Sales Booming Post Lock down

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Delhi/NCR: In a sign that could signal the beginning of a recovery in the real estate market especially in affordable housing market and mid income segment post lock down. Affordable housing market continued to be the mainstay of demand as the contribution of this segment to the overall sales in tier 1 cities including Mumbai, Delhi-NCR, Bengaluru, Pune Hyderabad Chennai, Kolkata and Ahmedabad. New launches are driving sales in affordable segment across the Delhi-NCR. Mostly mid-income and affordable housing are leading the sales. Recently few new launches has been sold entirely in less than a month. Lower home loan rate, PMAY subsidy scheme and necessary impetus by the government to the affordable housing is playing crucial role at this juncture. As the prospective buyers stay away due to lock down/COVID, Delhi based RERA certified realtor Elite Fore Realty OPC Pvt Ltd has sold more than 80 units in affordable housing segment till date said Mr. Vikash Choudhary AGM-Sales of

Delhi based Realtor Elite4 OPC sold 40 homes during lock down.

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As their prospective buyers stay away due to lock down, developers/realtors are banking on technology tools to woo their customers.  Elite 4 OPC Pvt Ltd a   Delhi based RERA certified Realtor  which has sold 40 homes with the help of technology/sub associates in the last quarter when lock down was announced. In the conversation had with  Mr. Vikash Choudhary SSM of Elite4 OPC has said their Sales team is more focused towards problem solving instead of being seller of a product. We train our team to solve the clients problem and understand their need before selling the product. Much before Govt announced the lock down our team was well prepared to tackle the lock down period as our management was observing the world situation about Covid-19 Now a days there are few things which is driving the sales of property which needs to be elaborated to customers. As far as we experienced the market in last few years. It has become clear that Investment in real estate is much more pr