Why future home-seekers shifting to peripheral areas of the city?

Page 1

WHY FUTURE HOME- SEEKERS SHIFTING TO PERIPHERAL


The COVID-19 era has seen a significant shift in the real estate sector, with preferences shifting to reflect new market realities. Many future homeowners will migrate to the outskirts for larger homes and a better lifestyle at more affordable costs. Now that workfrom-home is a possible option even after the lockdown.


Over the years home buying has undergone various changes based on various factors as health and place due to pandemic. Now locations for new home has been changed radically and shifted to commercial areas. Especially the work from home system has encouraged home buyers to move to peripheral areas. This is because of various reasons like the need for health, hygiene, safety, and a clean environment says, Goel Ganga Group Owner, Atul Goel.


According to Goel Ganga group reviews, when it comes to buying flats in Pune, there are many different neighborhoods to select from, and the Goel Ganga Group has projects in all of them. Some of the options they give are 2 BHK Luxurious apartments on Sinhagad Road; 1, 2 & 3 BHK Apartments in Bavdhan; 2 & 3 BHK Flats in NIBM Annexe.


Many people may now opt to live in more spacious and cost-effective homes in less central places, thanks to the emergence of the WFH culture. While there is currently ample supply in most of the peripheries, this rising demand will eventually necessitate new supply. “More spacious residences, cheap pricing, and more generous open spaces in the periphery will appeal to both tenants and buyers,” Atul Goel Pune says.


IT IS EXTREMELY CONCEIVABLE THAT SOME OF THE LARGE OFFICE OCCUPIERS WILL DECENTRALIZE AND MOVE THEIR OFFICES CLOSER TO THEIR EMPLOYEES’ RESIDENCES IN THESE PERIPHERIES IN THE NEAR FUTURE, SAYS ATUL GOEL GANGA PUNE.


Homebuyers are gravitating toward developments in peripheral growth areas, which provide well-planned development with a turn of infrastructure and increased social amenities such as schools, hospitals, shops, and entertainment zones.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.