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The Coronavirus pandemic has brought us to a different world where taking precautions has become the top-most priority. Just about every industry in the world has been affected in some way, shape, or form by the crisis and the real estate sector is just one of them. Here, we will take a look at how the home space will change in the wake of Covid-19.
- Home office space is a must
After the Coronavirus arrived, a vast majority of the companies all over the world have pushed their employees to Work From Home indefinitely. What this means is, people who previously didn’t have a home office set up would want to have a dedicated space to do their job. New buyers would be looking to have a home with an office space at home.
- Open spaces and not floor space will become important
People would normally accept a small apartment to save up on the cost in normal circumstances. However, with Covid-19, they are now forced to rethink their ideas, meaning they expect to have more open space in their home rather than have a heavily compartmentalized one. Also, homes with enough space to accommodate every family member’s needs will be sought after considerably well. They will also need enough breathing space inside and outside the house.
- Best Value homes will be a priority
A major impact Covid-19 has had is on the jobs and salaries of millions of people in the country. While some companies have laid off some of their employees, others have decided against that and instead given massive pay cuts to their employees. What this means is, the previously existing pool of homebuyers have shrunk while those who want to buy will be looking at more affordable options to invest in.
- Multi-purpose furniture to avoid clutter
The last few days have seen the emergence of multi-purpose furniture as they offer the functionality of a few different pieces of furniture at once, and can be used if and when needed. What this means they allow homeowners to utilize small spaces better. Builders who offer such interesting options to buyers stand a chance of attracting them better.
- Better security and screening facilities
Earlier, visitors could walk into a residential complex by just signing on a register but since covid has arrived the need for better security to make sure strangers don’t enter will be in high demand. Add to this, the guards will be gatekeepers when it comes to containing the spread of such harmful viruses.
- Good community standards
Having a good community setup will become essential at times of such massive turmoil. So, having a community which will rise up to contingencies and provide required support will become a necessity.
HM Group offers customers the right setting to visit the property as we follow the necessary WHO guidelines and medical processes such as sensitization to ensure safety of the visitors. Besides this, you will also receive a 10-month EMI holiday facility. All of these will help you save on Rs.25,000 you pay on rent. Want to know more? Get in touch with us to chat with a property counselor or for a model home visit on 8880225555!