In a market as diverse as India, trends in the real estate industry keep evolving from time to time. A few years ago, homes were a luxury and homebuyers mostly eyed for affordable living. However, in the last few years, investing in a home has been more of a lifestyle upgrade. This has led both home buyers and developers to keep themselves updated with the changing market demand.
With the paradigm shift of India’s middle class, there is an increased demand for spacious luxury apartments these days. Hence, it has become pretty important that homebuyers are aware of the latest real estate trends in the market. This will make sure that their investment is not outdated, and that the feature they receive is future-ready.
No matter, if you are a regular investor or a first time, staying aware and updated about the growing demands is a necessity in order to cater for this growing demand.
Hence, today, we decided to integrate all the major home-buying trends that real estate investors should be aware of to make the best investment.
- Focus on Eco-Friendly Development and Sustainability
The world of the Internet has brought access to information at the tip of our palms. With that happening people these days are easily consuming mixed content based on several interests. Due to the change in consumer behaviour, awareness regarding the importance of embracing an eco-friendly lifestyle is on the rise. People are being educated about the dreadful impact of careless development and how it affects the planet we live in.
This has led to a new wave in the Indian real estate industry. The growing demand for sustainable development has resulted in real estate developers incorporating eco-friendly development techniques, and sustainability into their construction. New apartments on Yamuna Expressway for example have already seen such development catching up speed.
Here are some of the eco-friendly and sustainable practices real estate developers are incorporating:
- Solar Panels to light up public spaces like streetlights
- Embracing an energy-efficient design to allow maximum daytime sunlight to enter and proper air ventilation
- Rainwater harvesting allows rainwater to be stored and later used for civic purposes
- Ample Green spaces
- Eco-friendly and sustainable use of land for maximum usage in order to minimise the use of land.
Gaur Yamuna City, the first inhabited township near Jewar airport have also developed many eco-friendly and sustainable developments. Gaur city plots near Jewar Airport are still one of the best investment options if you are looking for high growth.
- Technology Integration & Virtual Experience
Artificial Intelligence, Machine Learning, and the Metaverse are the things of tomorrow, moving ahead. The COVID-19 pandemic has already increased the adoption of virtual tours of real estate properties. In this fast-paced lifestyle, this seems to be the perfect fit for home buyers to screen potential properties as per their requirements.
The integration of virtual reality in residential projects on Yamuna Expressway has increased steadily in the last few years. This proves the increased demand for the necessity for embracing robust virtual technology for an unparalleled customer experience and transparency. It also helps to navigate and customise the property as per the interiors for a better visual appeal that tends to affect buying decisions significantly.
However, apart from this, many other technological advancements and integrations can be made. Here are some of the most popular ones:
- Voice control
- Smart Lock system
- House automation
- Blockchain transactions
- Online presence and listing.
Hence, if you are looking for new apartments on Yamuna Expressway, it is pretty apparent that you stay updated online for the best properties available at the best prices.
- Co-living spaces, and Work from Home Future
Since COVID-19, there has been an increase in working from home. Many people and individuals tend to work from their places. This has called for making apartments that have an in-built workstation for such purposes.
Along with that, the concept of co-living which is similar to co-working, is also gaining momentum. Mostly catering and serving the purpose of young students and working professionals, a lot of real estate investors are transforming properties into co-living spaces. Home office designs are also at the forefront of real estate development. Many residential projects on Yamuna Expressway are now incorporating home office designs.
Closing Statement
The shift in India’s purchasing power has transformed the real estate trends drastically in the last few years. The diversity in the market calls for new trends to be implemented as a whole.
In order to meet the increasing demand of India’s evolving market and its diverse needs, real estate developers need to stay updated as well. In case you are looking forward to a Gaur City plot near Jewar Airport or a new project on Yamuna Expressway.
In the new age where the internet and artificial intelligence are the future, our homes need to be technology-ready. Be it the integration of voice controls, smart locking technology, or motion sensors; these are important to make sure your investment is ready for the needs of the future. Besides that, eco-friendly lifestyle, and sustainable practices are something to look forward to. Practices such as incorporating solar panels, and rainwater harvesting are important.
The COVID-19 pandemic has also started the trend of working from home. Hence, real estate investors now look for properties with a dedicated work zone. Builders and developers understand the need for this change and are actively working towards catering to this increasing demand from home buyers.