Online homebuyers are mostly looking for investments
R. Vaithianathan of Tata Capital Housing Finance talks about smart cities and online buying
The housing space is abuzz with talks of growth. With the government focusing on affordable housing and housing-for-all, and recent announcements in the Union budget regarding real estate investment trusts, the outlook has turned positive for the sector. The impetus on smart cities adds to the sentiment. R. Vaithianathan, managing director, Tata Capital Housing Finance Ltd, a housing finance company which has a significant focus on project financing and affordable housing, talks about the shape that this space is likely to take, and why it is investors who are buying properties online, the new method of buying properties.