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ArticlePeer ReviewedOpen AccessPlagiarism Passed
Paper ID:IJSREM30376

Consumer Behavior in the Evolving Indian Economy: A Study of Trends and Preferences in the Real Estate Sector

Stream/Area:

-

Subject:

-

Paper ID:

IJSREM30376

Volume:

8 |

4 |

Apr 2024

Pages:

Publication Frequency:

Monthly (12 issues per year)

DOI
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Not assigned

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Authors

TJ

Tejas Jagtap

AD

Akhil Deshbhratar

MK

Mayur Kamble

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Abstract

Consumer behavior is undergoing changes, across sectors, including the real estate industry due to India’s growing economy. This study explores the evolving preferences and trends among real estate buyers amidst the economic landscape. We examine how factors like urbanization the rise of families and the shift towards remote work influence the demand for property features, locations and amenities. The research delves into the growing importance of aspects such as community living, sustainability practices and smart home technologies in influencing consumer decisions. The aim of this analysis is to provide insights, to real estate investors and developers to adapt their offerings to meet the evolving demands of customers.

KEYWORDS

Consumer behavior Real estate Evolving economy India Urbanization Work-from-home Smart home technology Sustainability Community living.

Cite This Article

Tejas Jagtap, Akhil Deshbhratar, Mayur Kamble, "Consumer Behavior in the Evolving Indian Economy: A Study of Trends and Preferences in the Real Estate Sector," International Journal of Scientific Research in Engineering and Management, vol. 8, no. 4, Apr 2024.

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12/31/45389

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