WFH impact: Homes get bigger, business centres open within housing complexes
Thanks to COVID-19 and the work-from-home culture, many people are seriously considering homeownership. The idea is to own a home and make it as large as possible with multipurpose rooms. Developers meanwhile are going the extra mile to cash in on the trend.
With the work-from-home and learn-from-home culture here to stay, at least for as long as the pandemic lasts, some homebuyers, especially those on rent or those working from matchbox-sized accommodation, are scouting for larger housing spaces. Developers, too, are cashing in on the trend by incorporating efficiently designed spaces to include smaller rooms that double up as a study or an additional bedroom.
Mumbai Real Estate: Are you booking a home that is too small?
Homes that appeared to be worth living at the time of purchase while under construction were later deemed highly uncomfortable after completion when it was handed over to the home buyer.
There is an emerging trend in Mumbai real estate as apartment owners - after receiving possession of their flat - are opting to stay on rent rather than in their own home. The reason happens to be the space. Homes that appeared to be worth living at the time of purchase while under construction were later deemed highly uncomfortable after completion when it was handed over to the home buyer.