 "real estate, farm house, housing, luxury, rich indians, property market")
Since the onset of the pandemic, the demand for plots has risen across the country. Experts say plots are likely to offer better returns than apartments in the near future.
Demand-supply mismatch
The demand for independent houses, and consequently for plots, rose in the wake of the pandemic, as buyers felt the need for greater seclusion.
According to Anuj Puri, chairman, Anarock Group, “Covid-19 strengthened the demand for land as a long-term investment. The trend of investing in plots is evident in Bengaluru, Hyderabad, Chennai, and Gurugram.”
The demand for more space has also played a major part.
Says Vikas Wadhawan, group chief financial officer,
