“We have seen many shoppers prolong front room house by making changes to the servant quarter. Larger residing rooms are preferable submit pandemic,” mentioned Ananta Singh Raghuvanshi, senior govt director, gross sales and advertising and marketing, Experion Developers.
People are additionally in search of homes in peripheral, less-crowded areas. Demand for homes in tier-II and tier- III cities has additionally gone up as folks can work at home. Post the pandemic, homebuyers are additionally in search of better flexibility in design or homes the place they’ll customise issues in keeping with requirement.
Considering this, builders are additionally offering customization choices the place homebuyers can have some flexibility by way of funds, flexibility in design of homes, and so forth. Let us have a look at a few of the choices builders are providing, and the way a homebuyer could make the precise alternative.
Flexibility in design: Now WFH is a key consideration whereas shopping for a home. Homebuyers are in search of choices that may assist them work at home easily. They are in search of greater areas, and builders are experimenting with designs to supply flexibility in the identical house with out impacting the price range of the homebuyers. “Developers are offering powder-washroom (solely restroom/bathroom however no bathe) choices as an alternative of totally hooked up washrooms to extend the dimensions of the room. They are additionally providing versatile working house choices in the lounge and bed room. Some builders are providing “Jodi Flats” where customers can buy two flats on the same floor and remove the walls to make it one flat for bigger families,” mentioned Anuj Puri, chairman, Anarock Property Consultants.
There are builders who’ve changed partitions with movable partitions fabricated from aluminium to provide flexibility to homebuyers to make use of the house in keeping with their necessities.
As the deal with well being and hygiene has gone up considerably after the pandemic, builders are additionally providing facilities holding this in thoughts. “Dedicated workplace areas, non-public terraces, built-in sanitization and air filters are customizations offered by builders, holding in tune with the brand new regular. To scale back the unfold of an infection, contactless tech comparable to hands-free taps, self-flushing bathrooms, and automatic cleaning soap dispensers, are different decisions provided,” mentioned Indrajit Siddhanta, principal companion and head of enterprise improvement, Square Yards, a web-based property portal.
Flexible fee plan: The flexibility is just not restricted to the construction and design, however builders are additionally providing personalized fee choices to the homebuyers to assist gross sales. “Realtors are taking each step to make sure that the momentum generated by good purchaser sentiment doesn’t wane. One methodology is to make shopping for easy for patrons and to supply them with handy fee alternate options,”mentioned Mani Rangarajan, group COO, Housing.com, Makaan.com and Proptiger.com.
There are numerous choices obtainable, starting from paying 30% now and the rest after possession to paying 5% now and the remainder after possession. A Punjab-based developer has agreed to pay the patrons’ lease till the flat is prepared for possession.
A developer primarily based within the National Capital Region (NCR) is providing a fee plan (25:75), which permits customers to pay 25% of the whole worth through the reserving of property and the remainder 75% after receiving possession.
Plotted developments: More and extra builders are providing plotted developments submit the pandemic holding the surge in demand in thoughts. “Customization in flats is usually troublesome and therefore we have now seen demand for plotted developments go up considerably. This is clear from the current launches the place extra plotted and villa initiatives have been launched in cities like Bengaluru and NCR. With work at home, persons are prepared to purchase plots that are situated away from cities and are inexpensive. Developers are additionally eager to launch plotted developments because the working capital cycles are shorter and it helps them to launch and full the venture inside one to 2 years,” mentioned Alok Saraf, companion and REI chief, Grant Thornton Bharat.
Plotted developments which might be closely skewed in direction of established actual property manufacturers have seen good traction in prime cities comparable to Bengaluru, Pune, Mumbai Metropolitan Region (MMR), Gurugram and Hyderabad, with sizes ranging from a minimal of 550 sq. toes (sq. ft) to 10,000 sq. ft, with costs beginning as little as ₹14 lakh.
“Plot sizes within the vary of 1,200-2,500 sq. ft are in better demand, quoting beginning costs of ₹14-16 lakh relying upon location to upwards of ₹30-50 lakh within the cities talked about above,” mentioned Siddhanta.
There are a plethora of choices obtainable out there. As shopping for a home is usually one of many greatest purchases of an individual, it’s best to do correct analysis after which select the one which most accurately fits your requirement. But keep in mind that at occasions customization can result in increased price as nicely.
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