Apparently, the second wave of COVID 19 has created a sombre situation while people were still getting over the havoc caused by the first outbreak. Amidst this, the prominent thing which gets noticed is that owning tangible assets, especially a home develops a sense of security. People who live in rented spaces are moving/ have moved to their hometowns in the pandemic. Due to the stated reasons, the perspective of the masses towards real estate has changed. With the changing circumstances, we bring to you the top residential property trends in real estate Gurgaon.
Enlisted below are the top residential property trends-
Value of owning a home:
The pandemic due to which everyone was caged at home has taught people the value of owning a home. A number of people have rushed back to their hometowns as they didn’t have a residence close to their workplace. Thus, in the recent scenario, individuals are emphasizing on buying a home rather than living on rent.
It will not be incorrect to say that the property buyers of today have some preferred locations. The individuals emphasize having homes close to the highways, metro stations, bus stands, or places from where the commutation is easy. Connectivity plays a major role while the property buyers decide where to buy a home. The location not only should have an elevated neighborhood but also a good link with all the civic centers in and around the city.
Ready to Move homes:
Post the COVID outbreak, there is a great demand for ready to move homes in comparison to under construction residential projects. Besides the subvention schemes which allocates you in the homes which perfectly fits in your purse, the buyers of today focus on investing their money either in ready to move homes or near to possession residencies. This is because people today understand the value of owning a home and they wish to own it without any delay.
During the times when the investment in stock markets and gold are proving to be futile, the millennials are shifting towards real estate. The real estate industry provides you with an asset which is unlikely to become a liability for you. Rather owning a home would provide you with a place to stay and earn decent rental income.
In this article, we acquainted you with the top residential property trends in real estate today. For more such articles stay tuned.