The Covid-19 pandemic has catapulted us to the ‘next normal’ and altered the way we live, think, work, or even socialize with people around us. The increased adoption of remote working practices, renewed focus on health and well-being, the unwillingness to travel long distances for work and the desire to stay in an integrated environment will further drive change in the residential market.
Industry experts say that with work-from-home (WFH) gaining prominence during the pandemic, homebuyers are looking for larger homes with study rooms and outdoor areas. As per JLL’s Home Buyer Preference Survey 2020, over 90 per cent of the prospective homebuyers surveyed wanted a study room and/or outdoor area. This will result in demand for larger homes than pre-covid era. “Our survey clearly brings to light that majority of the prospective homebuyers are extremely sensitive about price and overall budget and hence we expect demand to shift to suburbs and peripheral locations of the top cities in India where homebuyers can get bigger homes within their budget,” says Dr. Samantak Das, chief economist and head of research & REIS, India, JLL.
Mr. Annuj Goel
MD, Goel Ganga Developments
A Second Generation entrepreneur, Annuj Goel inherits the business acumen and charisma from his father Late Shri Umesh Goel the real force behind Goel Ganga Developments. Annuj with his new age business sense and traditional belief of customer satisfaction and delight is taking the organization to newer heights, Goel ganga Developments is ready to make tomorrow better and stronger for its customer and stake holders. A forever optimist Annuj believes in just one mantra of success “Hardwork has no shot cuts and a happy customer is the happy organisation”. It’s almost four decades that we have been dedicated providing affordable housing and better lifestyle to the city of Pune.
Source Link: More Space For Less Price, An Emerging Trend (outlookindia.com)
