Top 5 Interior Design Aspects You Should Keep in Mind When Buying a Home

You can also check out few Residential and Commercial Properties managed by us : Joyville Hadapsar | SOBHA Windsor | Oxford Bavdhan | Joyville Sensorium | Godrej Ashok Vihar | Reliance Industrial Plots | Mahindra Lifespaces Dahisar | Mahindra Kanakapura Road | Mahindra Tathawade | Lodha Crown Thane | Mahindra Roots | Mahindra Happinest Kalyan | SOBHA Sentosa | Mahindra Alcove Chandivali | Birla Niyaara Worli | Mahindra Lifespaces Pimpri | Puri Sector 61 | Godrej Splendour Whitefield | SOBHA Royal Crest | TVS Emerald Jardin | Birla Shettigere Bangalore | Mahindra Vista Kandivali | Mahindra Lifespaces Wagholi | Polaris Avenue Surat | Lodha Bannerghatta Road | Mahindra Zen 

Here are top 5 interior design aspects you should keep in mind when buying a home. So when you are buying a home, one of the most important factors to consider is the interior design aspects of apartments. Elements of interior design are now all the more critical, given how the Covid pandemic has resulted in longer stretches of working from home.

1. Seek more than just ‘space’

Well-designed homes will not just offer space. Instead, such homes provide spaces that are thoughtfully designed and inherently flexible. With work-from-home now widely accepted and likely to remain a norm for some time, the need for quiet and private spaces within the home has increased. Many office tasks are now being performed at home.

Consequently, it is worthwhile to evaluate prospective homes from this perspective. Ask yourself the question – ‘Is the apartment designed well enough so that I can, if required, turn existing corners and areas into personal workspaces?’

2. Multifunctional rooms

Multi-functional spaces within rooms (which in turn can serve as a self-sufficient ‘microcosm’ of the home) are expected to be the way forward. Ideally, each room must be able to fulfill the different needs of users throughout the day – from rest to rejuvenation and fitness to work. For example, the kitchen can also serve as a workplace, when not used for cooking and the parlour can double-up as an indoor workout area or meditation zone.

3. Ergonomics

Ergonomics is important because when you’re doing a job, an awkward posture, extreme temperature, or repeated movement can impact your concentration and productivity and ultimately, the quality of output.

Simple things, like having a plug point for your coffee kettle next to your desk, or being able to conveniently stack up your files on a desk and have space for a snack, are essential attributes to consider when evaluating the interiors of a new home. Your interior design ideas and plans will thus need to consider your ergonomics needs and that of your family. This is especially important in the case of senior citizens or differently-abled users.

4. Adequate ventilation and daylight

Optimal window-wall ratio ensures maximum ventilation and daylight while avoiding the discomfort of glare. All smart spaces and rooms should be designed in such a way so as to allow the outside in, in a pleasant manner at one with nature.

5. Storage

Provisions for smartly designed storage space is integral to good interior design ideas and interventions. With our lives now centered around our homes, the modern Indian family is increasingly reliant on gadgets and domestic appliances which require functional yet discreet storage space. Lofts, floor-to-ceiling cupboards, wall study and hobby walls are some interesting options.

You can also check out few Residential and Commercial Properties managed by us : Joyville Hadapsar | SOBHA Windsor | Oxford Bavdhan | Joyville Sensorium | Godrej Ashok Vihar | Reliance Industrial Plots | Mahindra Lifespaces Dahisar | Mahindra Kanakapura | Mahindra Tathawade | Lodha Crown Thane | Mahindra Roots | Mahindra Happinest Kalyan | SOBHA Sentosa |

COVID-19 impact: Real estate developers to focus on customized offerings as per consumer preferences

COVID-19 Impact on Real Estate
There will be a need for larger self-owned homes with self- sufficient amenities, not to mention customized floor plans with in-house work spaces. Written by Ram Raheja

COVID-19 Impact On Real Estate Industry

You can also check out few Residential and Commercial Properties managed by us : Joyville Hadapsar | SOBHA Windsor | Oxford Bavdhan | Joyville Sensorium | Godrej Ashok Vihar | Reliance Industrial Plots | Mahindra Lifespaces Dahisar | Mahindra Kanakapura Road | Mahindra Tathawade | Lodha Crown Thane | Mahindra Roots | Mahindra Happinest Kalyan | SOBHA Sentosa | Mahindra Alcove Chandivali | Birla Niyaara Worli | Mahindra Lifespaces Pimpri | Puri Sector 61 | Godrej Splendour Whitefield | SOBHA Royal Crest | TVS Emerald Jardin | Birla Shettigere Bangalore | Mahindra Vista Kandivali | Mahindra Lifespaces Wagholi | Polaris Avenue Surat | Lodha Bannerghatta Road | Mahindra Zen 

The COVID-19 crisis has brought the spotlight back on real estate as it is the most tangible asset for investment in these uncertain times. With the emergence of work-from-home culture, homebuyers are now looking for in-built amenities that understand the needs of families and cater to different needs of the future.

Lockdown has resulted in a structural shift in the way businesses and institutions work. From digital options to flexible planning developers are now focussed on consumer led offerings that let you stay ahead of the cut-throat competition.

In the path to the next normal, some of the changes in consumer preferences that will be an inherent part are likely to include

Transition from rental homes to owned homes – the mindset change

The pandemic spurred a new home-buying frenzy. The importance of owning a physical asset has gained much more prominence during these challenging times ever since ‘stay at home’ became the new norm. As we learn to co-exist with COVID-19, people who were comfortable with the rental concept are now driven towards owning their own home, primarily for the sense of security that it brings along.

Need for larger homes

A portion of the demand is driven by the want to raise the standard of living and the need for a ‘bigger and better’ space. Homebuyers across the country are leaping for homes with additional space. With the aspect of owning a home is becoming a priority, the demand for spacious homes will witness a strategic uptake. The trend is here to stay this year and there is a rising need for more space within the homes. Staff rooms and washrooms, home office, and children’s rooms are few of the prerequisites from most homebuyers.

Flexible planning

There is no one size fits all. The global lockdown led the buyers to re-think about their future investments. Instead of settling for a 1-BHK flat, they were seeking a 1.5 BHK unit if given an option. Buyers are open to stretch themselves for half-a-bedroom for the extra space with the idea of living in a bigger and spacious home. Developers are now open to flexible planning i.e. offering 1.5/2.5/3.5 BHK models where the ‘half bedroom’ house models help the buyers to plan and alter/convert spaces according to their desire and requirements.

Studio apartments

The target audience looking at studio apartments are young professionals, young couples, students etc. Especially in a city like Mumbai, people want to live in the city’s centre and enjoy the vibrant culture. Keeping in mind the high cost of residential real estate in premium locations; studio apartments offer great value to acquire space to fit in the budget and the flexibility to live in a premium neighbourhood. Also, with walk-to-work culture gaining prominence, homes around office hubs are witnessing demand.

Future proofing

It is crucial to be able to adapt to unforeseen situations and be future ready i.e. to opt for self- sufficient amenities. Looking forward to the residential market, customers are demanding spacious projects and all-inclusive in-built amenity.

From customized floor plans to in-house workspaces, there are new changes in the customer preference that are coming up. From bigger and better spaces to homes with fully loaded amenities, buyers now seek a future proof modern home that is flexible to cater to different needs of the future. Having identified the need-state, developers are steadily adapting to this concept and this will be one of the strongest value-propositions to the homebuyers in 2021.

Better neighbourhoods

Buying a home in a good neighbourhood is an investment. Irrespective of the pandemic, homebuyers in metros have always been on the hunt for properties that are close to their offices. Additionally, they also look for homes that are well connected to health-care centres, schools, essential stores and services nearby.In metros like Mumbai, the areas that are close to important micro-destinations within the city like corporate hubs, airports, and other public transport along with other social amenities like malls, schools hold a greater demand amongst homebuyers. Areas like Bandra, Santacruz, Lower Parel and Vile Parle in Mumbai are now in high demand owing to the accessibility to prominent corporate hubs, airports and other important locations in the city along with the quality of lifestyle and social amenities.

Source: Ram Raheja

Check Out the Hot Trend Properties

Joyville Hadapsar | Shapoorji Pallonji Sensorium | Shapoorji Pallonji Vanaha | Reliance Industrial Plots | SOBHA Windsor Whitefield Bangalore | Lodha Crown Thane Majiwada | Mahindra Kanakapura | Mahindra Tathawade | Mahindra Alcove Chandivali | Mahindra ROOTS Kandivali

Why Joyville Hadapsar Annexe Pune is the next investment spot?

Joyville Hadapsar Annexe

You can also check out few Residential and Commercial Properties managed by us : Joyville Hadapsar | SOBHA Windsor | Oxford Bavdhan | Joyville Sensorium | Godrej Ashok Vihar | Reliance Industrial Plots | Mahindra Lifespaces Dahisar | Mahindra Kanakapura Road | Mahindra Tathawade | Lodha Crown Thane | Mahindra Roots | Mahindra Happinest Kalyan | SOBHA Sentosa | Mahindra Alcove Chandivali | Birla Niyaara Worli | Mahindra Lifespaces Pimpri | Puri Sector 61 | Godrej Splendour Whitefield | SOBHA Royal Crest | TVS Emerald Jardin | Birla Shettigere Bangalore | Mahindra Vista Kandivali | Mahindra Lifespaces Wagholi | Polaris Avenue Surat | Lodha Bannerghatta Road | Mahindra Zen 

Living in one of the biggest areas is always a first choice of the home buyers as it offers a new experience and let them meet a smart home top up with modern features, eco-friendly ambience, new security system and more perks to ameliorate the lifestyle by Shapoorji Pallonji Joyville


And now Joyville Hadapsar Annexe Pune is gleaning all attention because of its premium residential hub for a modern stay and even its location in Pune which is one of the highly developed areas serving direct connectivity to the prime areas of Pune and enjoys the happening atmosphere.

Shapoorji Pallonji Manjri Hadapsar Annexe
  • Shapoorji Pallonji Joyville Manjri is laced over 21 acres of area with a total of 160 land parcels.
  • This project brings the perfect combination of 1, 2 (Delight), and 2 (Grande) apartments with car parking space.
  • Beautifully it executes 21 towers to create an alluring structure.
  • The project is filled with lush greenery including 1000 trees, sparkling water bodies, bountiful greenery, and more to embrace nature.
  • More than 80 percent of open area to bring a right balance of development and greenery.
  • Experience 35,000 sq ft clubhouse for bigger exposure.
  • Get yourself in the gym, spa, clubhouse, sports hub, jogging track, party hall, gardens, healthcare services, and more.
  • Meet more than 60 amenities in the project for the first time.
  • Vehicle free podium and enjoy 2.7 km walking boulevard.
  • Joyville Hadapsar project is situated in Solapur Highway, Hadapsar 5 mins drive from Magarpatta City & Amanora Mall.
  • This location adds big job opportunities as the biggest IT hub is in the proximity.
  • The local area is 100 percent filled with day to day services to get the gym, bank, hospital, clinic, school, ATM’s, mall, bus stand, and more.
  • Pune is worldwide known for its education and IT jobs.
  • It brings high potential return value.
  • More robust projects are going to be added in the upcoming time to have high-level benefits. This is a beautiful project by Shapoorji Pallonji.

Also Read – COVID-19 Impact on Real Estate

FAQs and Amenities about Joyville Hadapsar Annexe Pune- Find out

Joyville Hadapsar Annexe Pune

You can also check out few Residential and Commercial Properties managed by us : Joyville Hadapsar | SOBHA Windsor | Oxford Bavdhan | Joyville Sensorium | Godrej Ashok Vihar | Reliance Industrial Plots | Mahindra Lifespaces Dahisar | Mahindra Kanakapura Road | Mahindra Tathawade | Lodha Crown Thane | Mahindra Roots | Mahindra Happinest Kalyan | SOBHA Sentosa | Mahindra Alcove Chandivali | Birla Niyaara Worli | Mahindra Lifespaces Pimpri | Puri Sector 61 | Godrej Splendour Whitefield | SOBHA Royal Crest | TVS Emerald Jardin | Birla Shettigere Bangalore | Mahindra Vista Kandivali | Mahindra Lifespaces Wagholi | Polaris Avenue Surat | Lodha Bannerghatta Road | Mahindra Zen 

Q1-What are Joyville Hadapsar Annexe apartments?

It is a new luxurious residential project over 21 acres of area

Q2- What is its configuration?

This project brings 1, 2 and 3 BHK apartments

Q3- What sizes are available in Joyville Hadapsar Pune?

It comes with 430, 620 and 725 sq.ft. area

FAQs- Elderly couples sitting in garden.

Q4- Is Joyville Hadapsar Annexe Pune registered with RERA?

Yes, of course, the project is approved. RERA Numbers are as follows. Tower 21(Phase-1):P52100026451 | Tower 20(Phase-2):P52100026479 | Tower 19(Phase-3):P52100026480

Q5- What is the starting price?

It starts from 37.50 lacs

Q6- What makes Joyville Hadapsar Pune different?

This residential housing project comes with more than 60+ amenities

Cricket kit lying on ground by joyville

Q7- How much area is given to greenery?

Around 80 per cent area is covered with lush greenery

Q8- what greenery does it add to the site?

It brings more than 1000+ trees, seasonal plantation, mini gardens and water bodies

Q9- What about the security system?

Joyville Hadapsar Annexe Pune meets the new security concern to safeguard all the residents

Q10- What about the car parking space?

Proper car parking space is given to all and even 24X7 power & water back up ensure 100% comfort

Two people doing exercise

Q11- Where is it located?

Joyville Pune Apartments located in Hadapsar location

Q12- How far is it from the Airport?

Approx it takes 30 minutes from Airport

Q13- How happening is Hadapsar Pune?

The vicinity comes with all day to day necessities such as the gym, bank, hospital, clinics, shopping centre, the local market and more

Q14- How about the job opportunities?

Biggest IT Park opens up the pool of new job opportunities for all

FAQs - Mother and father playing with daughter

Q15- Are there more residential projects?

The area ensure the best residential colony for secured surroundings

Q16- Is it a lucrative property?

Pune is one of the sought after destinations. It ensures a high return over investment in its upcoming time. Contact us

A look at Residential Property by Shapoorji Pallonji Joyville Hadapsar, Pune.

Shapoorji Pallonji Joyville Hadapsar Pune

You can also check out few Residential and Commercial Properties managed by us : Joyville Hadapsar | SOBHA Windsor | Oxford Bavdhan | Joyville Sensorium | Godrej Ashok Vihar | Reliance Industrial Plots | Mahindra Lifespaces Dahisar | Mahindra Kanakapura Road | Mahindra Tathawade | Lodha Crown Thane | Mahindra Roots | Mahindra Happinest Kalyan | SOBHA Sentosa | Mahindra Alcove Chandivali | Birla Niyaara Worli | Mahindra Lifespaces Pimpri | Puri Sector 61 | Godrej Splendour Whitefield | SOBHA Royal Crest | TVS Emerald Jardin | Birla Shettigere Bangalore | Mahindra Vista Kandivali | Mahindra Lifespaces Wagholi | Polaris Avenue Surat | Lodha Bannerghatta Road | Mahindra Zen 

Pune is becoming a hub like the counterparts Bangalore and Hyderabad. A lot of people have been seeking to buy their dream homes in Pune. If you are one of those who are looking for property in Pune, then Joyville Hadapsar Manjri is one project that one must keep an eye on.

Shapoorji Pallonji Group is not a small name in India. It has been in the news for all the good reasons for making a name of its own. It has a legacy of over 150 years that has made the brand one of the most prestigious names in the country. Shapoorji Pallonji has made its goodwill by delivering quality and timely projects meeting the consumers’ needs. Now, you would be wondering why we are pitching in this project for residential property investment in Pune. Have a look at all the further details we share about the project to change your perspective.

Joyville Hadapsar Manjri in Pune is an upcoming luxurious project by Shapoorji Pallonji Group located at Pune. As soon as the company rolled out the project the project became the talk of the town for major IT houses and real estate developers. Now, you wonder why? This is all thanks to project location that makes it an ideal choice for people working in close by IT firms to invest.

Joyville Hadapsar Annexe

The project is located on the Solapur-Pune Highway that makes it even better connected. Around the highway you would have a number of industrial parks. It is wisely planned near the IT Park of Pune and that is why the project is curtailing distance for IT professionals. Approachable to business hubs like Magarpatta, Hadapsar and SP Infocity. Pune is becoming the next IT hub so a lot of people from the other states in India move to Pune. They apart from investing look for rental homes. So investing in Joyville Hadapsar Manjri for investment or even for the rental income becomes a wise decision.

Apart from all this what Joville Hadapsar Manjri offers in the neighbourhood. If you think it is a project that is located far away in the exterior then you are pretty misguided as you get all the needed and important things close by.

Shapoorji Pallonji Joyville Hadapsar is located in Manjri that has a domestic airport, metro lines and recreational are under construction. Shapoorji Pallonji Hadapsar property has all kinds of transportation facilities via airways, roadways, and railway. When we say all this then we mean the airport is just 30 minutes, Koregaon Park is just 12 minutes,  and Pune Station is 25 mins and, you think you will be away from the awesome mall life close at Joyville Hadapsar then you are wrong. The Amanora Mall & Multiplex is just 5 minutes away from Joyville Hadapsar. So, no more missing your favourite movies.

A lot of companies nearby the area make it an ideal choice for buying a home. The project is currently in the pre-launch phase. It will be launched around September 2020.

Joyville Hadapsar Manjri

However living with the family needs more important things like hospitals, schools, shopping centers and vegetable markets etc. Let us give you a small run through of these places on the basis of time. The Quality Hospitals & Education and Mahesh Smruti Multispeciality Hospital  is just  5 minutes, Sri Sri Academy (SSA) and Little Millennium school is just 10 minutes from Joyville Hadapsar. Apart from this the daily needs like vegetables can be taken from Sadhvi Savitribai Phule Bhaji Market and APMC bhaji market that are pretty close to the project.

All these factors ensure that any one investing in this property wouldn’t have a bad deal all thanks to the great location.

Joyville Hadapsar Annexe Investing in India

Joyville Hadapsar Annexe by Shapoorji Pallonji Pune

Welcome to Joyville Hadapsar Annexe by Shapoorji Pallonji Pune Sales team.

You can also check out few Residential and Commercial Properties managed by us : Joyville Hadapsar | SOBHA Windsor | Oxford Bavdhan | Joyville Sensorium | Godrej Ashok Vihar | Reliance Industrial Plots | Mahindra Lifespaces Dahisar | Mahindra Kanakapura Road | Mahindra Tathawade | Lodha Crown Thane | Mahindra Roots | Mahindra Happinest Kalyan | SOBHA Sentosa | Mahindra Alcove Chandivali | Birla Niyaara Worli | Mahindra Lifespaces Pimpri | Puri Sector 61 | Godrej Splendour Whitefield | SOBHA Royal Crest | TVS Emerald Jardin | Birla Shettigere Bangalore | Mahindra Vista Kandivali | Mahindra Lifespaces Wagholi | Polaris Avenue Surat | Lodha Bannerghatta Road | Mahindra Zen 

Today, we will talk about Real Estate Investing in India.  We know there are lot of people in India who wants to invest or buy property but know very little on how to get started.

We have done a bit of research and we have come to know there are few things that need to be understood investing in real estate in India and there is a lot of confusion that is happening now and then in India.

There are a lot of new regulations that have been coming around in India. Those of you who are regular follower of real estate updates, you probably be aware of some of these different regulations that are coming down the pipeline. 

The Real Estate Regulation Act that just came out. It’s still unsettled as to how that’s going to really affect the private sector as well as the commercial sector in real estate.

The Goods and Service Act, the GST. That was really put in place to make more things transparent which we think there’s a lot of positive thought that will be good.

But a lot of things are still unsettled and I think because of that, there’s been a huge desire for the people in India to really want to put their money in the right places.

Not to mention several things that has even happened over the past several years. The COVID-19 has created some uncertainty in the marketplace.

And it’s really got a lot of people wondering where do I put my money? What is the best thing for me to do and where should I be investing?

Well, we have been doing some research and just looking up a few different things, so we are asking questions like which is what we often do while doing research.

There some different property price trends and forecasts for different areas. You can look at emerging trends in the real estate arena. Different trouble that India is experiencing right now in the real estate market.

So you can go on a lot of different things. There’s a question and answer, we are not sure how to elaborate it.

Do you know what that is? If you search at internet you know it’s just a kind of a question and answer thing where people can put in their answers.

We had a lot of people that were kind of chiming in and talking about different things. But this question right here is about affordable housing.

I actually saw another article over here and I think was here with magic bricks talking about affordable housing.

There have been some different regulations that have been happening in India to bring greater and better affordable housing to the masses, right?

There are a lot of luxury type of villas and homes and one of them is from Joyville Hadapsar Annexe by Shapoorji Pallonji and there others residential project that have been built in India for a number of years with a lot of attention being pulled away from some of the people that need it the most.

So there’s been a huge kind of divergence or I should say there’s been a huge now pull into the affordable housing arena and that may be one arena that would be worth looking at.

There talked about a lot of different projects that are now creeping up in the affordable housing arena and a lot of smaller groups that are getting involved in the affordable housing arena as well.

So you don’t necessarily need to be a massive conglomerate bringing millions and millions and millions of dollars to the table to play anymore.

You could be maybe even a smaller individual with smaller capital assets and begin playing in the affordable housing arena.

As we at Joyville Hadapsar Annexe by Shapoorji Pallonji have been doing some research and looking into it, it looks like the affordable housing market may be the one to get into if you’re looking at doing real estate in India.

But if you’re like hundreds of thousands, maybe even millions of others in India right now that are saying where do I put my money and is there somewhere else that I can put it?

Let us just talk to that real quick. Actually over the last 15 years, we’ve been doing real estate.

We’ve been able to help a lot of people over the last decade in particular. We’ve helped over… We’ve helped thousands of people purchase a little over 3,500 homes, single-family homes, that’s been our forte.

And it’s been an amazing journey. And we have been doing this and as we’ve grown and gotten a greater presence here on Pune Real Estate market.

And as people all around the world have been reaching out to us and specifically now people in India have been reaching out saying, “hey, I want to do real estate.

How do I best put my resources to use for myself? Real estate in other countries is an option. It’s something that people can do.

Even if you don’t live there, there are others ways and there are things that you can do to purchase real estate here in other countries.

One of those things that you can do is to partner finding a credit partner that you can do real estate with.

There are other things that you can do as you know as a citizen of a different country to be able to purchase real estate in other countries.

It’s more complicated obviously than if you had citizenship or a working visa or something like that here in that country.

But for those that have money that they like to place, that would like to buy real estate.

So we just say you know again if you’re looking to buy real estate property in India there are still some turbulence.

There’s still some unknown in India but it looks like the affordable housing market could be a good place to start.

And if you’re looking at putting your money in real estate outside of India, I would say the US is one of the best places that you can do that.

As a matter of fact, we’ve had people from all across the world reach out to us, wanting to buy real estate in the US. Obviously, the US land wise is a massive, massive country.

But also because of some of the benefits that real estate can offer, when done right, when you can find homes that are priced below the median, when you could find homes that are cash willing for you, the Joyville Hadapsar Annexe by Shapoorji Pallonji is really attractive in a lot of those different things.

So as you’re looking in India to either do real estate there or do real estate other places, if you’d like to get some more information and if you’d like to meet with our team, you can absolutely do that.

We’ll give you some opportunities to figure out how to do that. But no matter what you do, our recommendation is to get started. Do some research, dive in.

It doesn’t have to take a lot of time really you know we live in a day and age where technology is amazing. We have all the information in the world at our fingertips and you’re here learning from this article right now.

Go on to Google, go on to some other sources, some other sites and learn what are some of those best things that you can do in your country in India, specifically here and then take some action.

Move forward if that actually looks like finding a partner or a channel partner. If that actually looks like actually buying real estate in India do that.

Start there. Look into what it looks like. If you’re going into the affordable housing arena, start doing some research and we would definitely suggest you go for Joyville Hadapsar Annexe by Shapoorji Pallonji .

Joyville Hadapsar Annexe by Shapoorji Pallonji is a wonderful and premium luxurious residential project in Pune.

The residential development offers 1 BHK, 2 BHK and 3 BHK luxurious apartments that offers the best lifestyle experience. It has all your necessities nearby like hospitals, prestigious schools and colleges, banks, malls and supermarkets, hotels and restaurants all are close and nearby.

If you are looking for a living residential address for your family, Joyville Hadapsar Annexe by Shapoorji Pallonji is a perfect investment for you in Pune.

We will keep you updated on any other cities or markets very soon. Till then if you have any suggestions for us, please do leave a comment below. Thank you and have a great day ahead.

Real Estate Market in India at COVID-19

Real Estate Market in India
Real Estate in India at times of COVID-19

Real Estate Market in India at COVID-19 is worrisome. We as Joyville Manjri Pune and Joy Legend Bandra research team, we have found out Real Estate launches dropped 56% in the first half of 2020 compared to the second half of 2019.

The supply of units has dropped to its lowest levels in five years asked for the report sales from January to June 2020. Exceeded launchers despite the COVID-19 pandemic, but were 49 percent lower year-on-year at fifty seven thousand nine forty units sales in all cities put-together declined to 46 percent from 51 percent over the second half of 2019.

The demand slowdown has pulled prices lower, but between 5% to 25% depending on location and asset class staying range bound across cities during h1 2020.

The Real Estate price fall has been the maximum in luxury housing the trend is expected to continue as developers are eager to liquidate existing inventory in terms of city’s Bengaluru remained the most active market while Hyderabad had the least unsold inventory.

Residential Living Room
Living Room

Inventory overhang increased to 44 months from 13 months over the last six months are search report by several than their suggested stalled residential real estate. Demand could show signs of a gradual pickup in six to 12 months.

Once the covert one line impact reduces on account of COVID-19 and works from home there has been an increased demand for customized work areas and wellness spaces it has also led to short-term impact in India’s commercial property market.

Ramesh Nayar CEO of Jones Lang LaSalle India told that office space leasing may fall by 30 percent in 2020 due to COVID-19 and resultant increase in work from home across major Indian cities on the residential front as well job uncertainties and pay cuts are keeping the salaried class very investing in real estate.

However a time correction is likely in property prices rather than a sudden drop surprises could stagnate over time while inflation and income rise globally 16 of 20 major cities are expected to witness a decline in housing prices through the rest of 2020.

Lisbon, Monaco, Vienna and Shanghai are the only four markets that might see price growth as for the may prime global residential forecast by Knight Frank India.

You can also check out few Residential and Commercial Properties managed by us : Joyville Hadapsar | SOBHA Windsor | Oxford Bavdhan | Joyville Sensorium | Godrej Ashok Vihar | Reliance Industrial Plots | Mahindra Lifespaces Dahisar | Mahindra Kanakapura Road | Mahindra Tathawade | Lodha Crown Thane | Mahindra Roots | Mahindra Happinest Kalyan | SOBHA Sentosa | Mahindra Alcove Chandivali | Birla Niyaara Worli | Mahindra Lifespaces Pimpri | Puri Sector 61 | Godrej Splendour Whitefield | SOBHA Royal Crest | TVS Emerald Jardin | Birla Shettigere Bangalore | Mahindra Vista Kandivali | Mahindra Lifespaces Wagholi | Polaris Avenue Surat | Lodha Bannerghatta Road | Mahindra Zen 

We will keep you updated related to all news on Real Estate Market in India.