Listen SouthDelhiFloors Podcast
Getting your Trinity Audio player ready...

Here’s how South Delhi real estate demand might look like after COVID-19 settles down.

What will happen to the demand of Builder Flats in South Delhi?

COVID-19 has altered home buyers priorities as majority of them are prefering to buy from top reputed or say branded builders in South Delhi.

Even if the prices of these top builders are slightly more than others, buyers are prefering them due to their low project execution risk factor.

Will there be a demand for property in South Delhi after Coronavirus ends?

As per the latest online survey conducted by magic bricks.com, about 70% of the home buyers are still planning to do their investment into South Delhi Real Estate.

The most important thing that people.have realized that living in one’s own home is much better than being stuck in a rented apartment when uncertainty arises.

Real Estate VS Stock Market –

There has been lately a lot of volatility in the stock market, so investing in real estate especially South Delhi is still a lot safer investment.

China’s real estate market behaves in culmination with Indian real estate, the primary reason being the wide scale population and always scarcity of premium real estate pieces. There has been more than 90% bounce back in real estate prices in China after lockdown has ended. So we can expect The bounce back of South Delhi real estate market if it still follows the trend of china’s real estate market.

Moreover, due to the cut in repo rate by the RBI in March 2020, The Home Loans Interest rates are all time lowest at 7.20 to 8%.

Buying a house has always been a part of Indian Dream, So wait no further and just go for your dream home in your comfortable budget.

What type of home will the buyers prefer after Covid-19 settles down?

SouthDelhiFloors.com’s research team has been observing and discussing to many of our esteem clients to understand what types of home will the buyers prefer after Covid-19 ends.

We spoke to many and found that people are again getting in love with their balconies, verandas, open spaces especially terraces.The demand for Homes with large balconies, open spaces, Penthouses with Terrace Gardens and swanky basement duplexes with added spaces will certainly increase.

Locations which are really close to markets and essential supplies shops will boast due to it’s convenience in uncertain times like these.

Increase in Modular Spaces –

For many people, it is the first time they have been forced to live day and night with their families for more than two months in a row. Due to this, home buyers will not be happy with just the standard flats but will opt for those with added utilization of spaces. Buyers will be opting for multiple modular uses of spaces such as use of space saving furniture to convert the guest bedroom to home office whenever need arises. Recreational features such as swimming pool, home theatre, Spa, Sauna, gym will be preferable.

Increase in homes with exclusivity –

Demand for homes that provide exclusivity will increase as it conforms to the essential social distancing. Apartments, Duplexes, Penthouses with features like private lift, exclusive entrance, private staircase will certainly increase.

After Lockdown ends, Home buyers will prefer a bigger home that shall provide adequate recreational spaces for every family member. Demand B & B means Bigger and Better will rise, resulting in a shift from 3bhk to 4bhk and 200 Yards to 300 Yards to 500 Yards as per the comfortable budget.

SouthDelhiFloors.com research team strongly believes better time for South Delhi Real Estate in the near future. Till then stay at home, be safe and call us at 9999004511 for any further queries.