Director of Primarc & President of Credai Bengal | Leading Primarc across realty, building lifestyle spaces, and angel investing
This year IPL is being watched by 350M+ people. It’s slowly becoming one of the biggest sports events across the world, and this is affecting the Indian real estate sector Resident home buyers are becoming fitness-conscious and looking for the deluxe lifestyle that helps assist them in staying fit and active. The concept of sport theme township projects is becoming popular in developing countries like India. Typically, theme-based households are considered a value addition as well as a style statement, and hence, are preferred by the affluent in urban settings. Golf courses, swimming pools, cricket ground, horse riding arena, squash courts, and tennis are some of the common categories included in the recently launched Sports Township. Some of the advanced Real Estate Projects also included training programs and coaching academies for such games. There is a shift towards health and fitness among adults, and parents also want their kids to engage in outdoor activities instead of games or apps on electronic devices Sports Townships also serve as an advantage for sports enthusiasts who want to pursue a career in the sports field Recent projects in Kolkata, like Southwinds, have Football turf as well as a squash court, and the Soul has a skating ring. Overall, these developments have fueled the desire of people across age groups to lead healthy and energetic lives, due to increasing awareness of the hazards associated with an inactive lifestyle. #realestate #ipl
It is indeed remarkable to witness the growing popularity of the Indian Premier League (IPL) as it attracts over 350 million viewers worldwide. This surge in viewership has not only impacted the sports industry but also had a significant effect on the Indian real estate sector.
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8moSidharth As you said, the demand is growing, that means Number of buyers growing, that means If you manage to supply, they'll buy at your price But as an expert in real estate Could you name the metrics that are being affected in real estate because of this?