These Are The Top Seven Trends Reshaping The Realty Market
1. Sustainability at the fore
When it comes to construction techniques, ‘sustainability’ will be an important focus point not just in terms of design, but also in areas such as prefab, precast, and modular works. There is now a lot more conscious effort towards sustainability.
2. Open and large spaces
The idea is to build spaces that blurs the inside and the outside spaces has become very popular among homebuyers. Balconies, for instance, are no longer expected to be small spaces but a room for entertainment and activities. Moreover, balconies are no longer a luxury but a necessity for most homebuyers.
3. Lifestyles
In terms of design, lifestyle is generally not taken into consideration. For instance, a laundry room in a house is often attached to the kitchen, which ideally is a mismatch and should be separate but is not, evidently because there is not much thought given to lifestyles. That said, design is about understanding and detailing keeping in mind the lifestyle.
4. Community living
There is also a lack of community living in larger gated communities. Nowadays, it is not surprising if you do not know your neighbours. As the saying goes, “It takes a village to bring up a child…” and that is truly what a community does. So, the focus should largely be on community living spaces and the pandemic has brought this even more to the fore.
5. Windows
A huge trend is seen in windows moving away from the traditional wooden to aluminium and uPVC, largely because the wood in today’s market is not fully matured. This is going to be the biggest change in the windows market in India. Also, glass plays a large role in terms of keeping the heat and radiation out and lamination is being used for security and for insulating the noise from outside.
6. Building technology
In the past few years, there has been a lot of advancement in building technology. Developers are increasingly turning their attention towards technologies such as precast, prefab, and light gauge steel construction, which require a lot less labour. In the context of a city, considering the noise, water pollution, etc, developers are now looking for techniques that are much faster to build and this will play a major role going forward.
7. Landscaping
Lawns are losing their popularity as they are difficult to maintain. The trend is to opt for more comfortable spaces. Also, the landscape is not just about being green, but about visual satisfaction and physical use. It is no longer sufficient to have a great view of a garden that is beautiful; homeowners now want to use the space as well. In the earlier years, while the landscape was about plants and grass and water fountains, today, it is more activity-oriented where one can do yoga, exercise, walk, or simply sit and read the newspaper. The landscape is like the extension of the balcony in an apartment. There are also a lot of covered decks that are incredibly in trend. In fact, in some homes, the deck areas comprise almost 30 per cent of the house because they are more activity-oriented areas, and hence, more usable landscapes. Also, the conservation of water is another point due to which the landscape has shifted from gardening to other activities. For individual homes, there are now small sewage treatment plants (STPs) being developed that use soil water for irrigation and large collection tanks that help collect rainwater for use. Here again, it brings to the fore the sense of sustainable living.
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