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Real estate trends 2019
Trends shape the way others see you. They also shape how you see yourself. This is true for real estate trends as well. New trends emerge every year. Some are expected, some are not. For those who are interested in investing in a new property, it is important to know the latest real estate trends that are dominant in 2019.[/vc_column_text][vc_row_inner][vc_column_inner][vc_column_text]
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Residential over commercial
According to experts, this year is the best time for you to invest in your dream home. If you were waiting for a better time to buy a house, that time is here.
As real estate markets have high supply and low demand for residential housing, the costs of residential homes are less. This is especially true for cities like Bangalore and Hyderabad.
What this means is that this isn’t the best time for investors. Just like 2018, this year will be kind to buyers as far as residential projects are concerned.
What this means is that if you are looking to buy a house, NOW IS THE TIME! If you are selling, you should wait for a year for better profits.
Villas over individual homes
Right now, in the real estate market, ‘Villa culture’ is on the rise. The cost of a villa is slightly higher than an individual house or apartment. Yet people are saying that the higher price is worth the advantages it gives.
With more people feeling like bigger is better, the villa culture is definitely going to increase in the future. What is shocking is the number of people who have chosen villa life over ordinary homes.
Villa’s offer better privacy and more freedom. They have a lot more space and other amenities like backyards, swimming pools, etc.
The advantages of living in a villa will meet everyone’s needs.
Also, more families are looking for homes in which the entire family can stay together without sacrificing privacy. For this, a villa is the best option. It is both spacious enough to accommodate the entire family. It’s also designed so that everyone has privacy while maintaining the family feeling.[/vc_column_text][vc_column_text]
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Locality over individuality
A few years ago if someone was looking for a house, all that mattered was if the house was comfortable. If it had basic amenities like regular water supply, electricity, etc.
Now, looking for a house isn’t just about the house anymore. Everything from “the view that is seen from the balcony” to the “neighbors who live next door” is important. They are taken into consideration while selecting a new home.
This is a trend that we have adopted from western cultures.
It is for this reason that landscaping has become a factor of such high importance in real estate. The cost of a house is affected by many factors. They could vary from the condition of the garden, the color combination of paint on the walls (both outside and inside the house). The distance from a hospital, the locality (the vibe that the area has), availability of a park, the type of community, etc are all important.
Community over cost
It is common knowledge that gated communities are slightly costlier than ordinary homes. That said, it is “trendy” to live in a gated community now. Besides the fact that living in a gated community is more beautiful, there are more personal benefits as well.
Benefits like round the clock security and visitor sign in and sign out for better security and greater privacy. Access to well-maintained parks and exclusive access to pools, etc are advantages of living in a gated community. A reliable workforce is an extra advantage.
They are all factors that have made community living a trend. That said, they are NOT the most important.
The sense of belonging to a community is the reason for most people to get attracted to gated communities.
With the community conducting regular meetings to improve the stranded of living in society, there is a sense of governance.
With the community organizing events like picnics, get-tog ether’s, parties to maintain a sense of excitement.
Having a large group of people to celebrate festivals gives you a sense of family.
This trend is going to the most long-lasting among the trends. After all, it offers the most benefits and causes the least amount of problems.[/vc_column_text][vc_column_text]
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Beauty over function
Saying that beauty is selected over usefulness could be misleading. It doesn’t mean that people don’t prefer comfortable homes anymore. What it means is that even the most functional homes will not get a great price if they aren’t good-looking.
The colors on the walls need to complement each other. The house needs to have greenery surrounding it, etc.
Fit over lazy
Fitness has become less of a choice and more of a need in modern times. Having an indoor gym is the preferred option for anyone who has the space for the equipment. No one has the time to go long distances for the sake of working out.
Another trend that is circulating is living close to sports areas. It could be a football ground or a basketball court. It doesn’t matter. They NEED to be available. After all, what good is a house that doesn’t have a workout space, right?
Eco-friendly and economical
Most people who are looking for homes think that spending money on eco-friendly methods is expensive. This is not at all true. The proof for that is the trend that has people trying to improve their home through eco-friendly means.
More people are installing solar panels on their roofs and rainwater harvesting pits in their backyards. Hence, it has become clear that awareness of saving natural resources is increasing. Using renewable resources has also become a priority. This is, without a doubt, the most positive trend that is circulating.
It not only helps in saving precious resources but it also saves you money. It might look like an unnecessary investment now but in the long run, you will save more money that you can imagine.
For example, let’s assume that you pay Rs. 3000 as electricity bill every month. It may cost you close to Rs. 25,000 to install a solar panel on your roof. If it reduces your bill by just 30% every month, then in the span of 2 years it will earn you back all the money you spent on it. The rest of the time you have the panel, you save money. This trend targets long term profits.
There could be a way for you to start saving money immediately, without any financial investment. All you need to invest in your energy and your time in installing a drip irrigation system for your plants and garden.[/vc_column_text][vc_column_text]
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Party and productivity
Hosting house parties is a trend that picked up speed in 2018 and will continue this year as well. Huge, spacious halls that occupy lots of people are what people look for while buying homes nowadays. Not only that but the modular kitchen trend is still with us and is almost a requirement at this point. All these trends were strongly influenced by western culture.
Game rooms have also gained popularity for the last couple of years. A room exclusively for gaming is a trend that is still gaining popularity and is showing no sign of stopping.
Another ‘exclusive function’ trend that is gaining popularity is a study. A study is a room exclusively for books, research, and work.
Smart and sophisticated
We are living in a digital age. Everyone and everything is connected to your smartphone. If that is the case, wouldn’t it be obvious that even your furniture is automated and can be controlled by your smartphone?
This is one of the well-known real estate trends. From the speed of your fan to the temperature of your oven, everything can be operated through a smartphone or your voice. This trend is a gateway to how houses are going to be built in the future.
Although it is incredibly comfortable already, this is not the extent of comfort modern houses give you. Fully automated electronics are on the rise. Although they aren’t as popular as the other smart electronics in the industry due to their price, their sales are increasing.
Eventually, you will be able to experience the pleasure of walking into a room and the light and fan switching ON, on their own by sensing your presence.[/vc_column_text][vc_column_text]
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What’s the trend NOW?
Understanding and employing trends is what MUPPA projects prides itself upon. They are modern in their design and build their homes according to the latest trends so that they can give the best experience for their customers.
Conclusion
Being trendy means being the most practical and productive for current times. It takes work to follow the trend but it is certainly worth it. Real estate trends have a longer lifespan than lifestyle trends. That’s why all you need to focus on is if the house you are planning on taking is updated on the trends.[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text el_class=”post-contact-form”][fc id=’2′ align=’center’][/fc][/vc_column_text][/vc_column][/vc_row]