Qro presents challenges in the real estate market



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Queretaro, Qro. The real estate development that has known the state has generated housing problems, as well as the risk of saturating the supply of housing and housing.

Therefore, a synergy is needed between the private initiative that generates the offer within the state and government authorities, to prevent the saturation from affecting the market value, said the director of marketing of Lamudi, Daniel Narváez.

"If private investment continues to have a bigger investment, there is always a lot of supply generated, but it is not generated in an integral way. With joint efforts with the government, we can reach saturation levels in the market and have an impact on the dynamics, "he added.

The combination of instances, he said, should aim to influence real estate development in the region to ensure healthy and sustainable growth.

He also said that the entity's challenge was to promote an orderly growth of real estate in the commercial, industrial and housing sectors.

The entity, he said, is a competitive region, which enjoys an option allowing both to have a second home and to invest in real estate .

"In the coming years, it will be the one that will have greater performance with regard to real estate fluctuations, economic growth and the injection of capital generated," he said.

Therefore, to avoid saturation problems, areas with more land to generate new average housing options should be identified, as this type of housing has the strongest growth forecasts and would increase. real estate transactions in the state, said the specialist.

"Generate incentives for the creation of this type of housing, but vertical type, because this is what people are asking for and can encourage a greater fluctuation of operations in the state, of average type, according to the given volume in the theme of demand, but especially because of the interest in the vertical type that promotes a healthier dynamic of urban development, "he said.

This housing model, he said, has generated greater dynamism in high-growth regions, generating spaces that avoid mobility problems.

Currently, in the state, the supply of residential real estate, for sale, concentrates 85.5% of housing and 14.5% of vertical developments, according to information provided by Lamudi.

Need to keep up

The specialist explained that Querétaro, as an entity with a great interest in real estate operations, must anticipate several factors to avoid falling into saturation levels that affected Mexico, where, he said, he did not not expected growth or growth. controlled.

Therefore, the growth rate of the state must be adapted to the provision of infrastructure and services, including water supply.

Daniel Narváez has contextualized Queretaro as the eighth entity in terms of population density, with a density of 174.4 inhabitants per square kilometer.

Among the elements that generate a high projection on the state's real estate market, it lists the industrial development, the capture of foreign direct investment projects, as well as being part of the main industrial corridor of the country and having a perception of insecurity below average. compared to other regions of Mexico.

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