PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1368763
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1368763
Real estate is a term used to describe tangible assets like land, buildings, and natural resources that are frequently bought or invested in for residential, commercial, or industrial uses. It includes both the actual assets and the corresponding legal rights and interests. Real estate is the foundation of economies, facilitating housing, corporate operations, and investment opportunities. Its value can increase over time, making it a renowned method of wealth growth and diversification.
Furthermore, the alterations in societal choices and changes in lifestyle are driving the market for residential real estate. The COVID-19 epidemic has pushed trends including the need for larger, more comfortable homes with specialised offices and outdoor facilities as well as remote employment. Chinese developers of real estate are in a desperate need of a break from the protracted lockdowns caused by China's zero-COVID-19 policy.