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Home Buying Preferences: Pre-Covid Vs Post Covid

The coronavirus has had a significant impact on customer expectations and their buying behaviour. People are sceptical and uncertain about the impact of the nation’s lockdown and social distancing measures, which were announced to contain the spread of the Covid. According to a recent Magicbricks poll, one out of every three potential house buyers wanted to cancel or postpone their home purchase due to the uncertainty pandemic brought in our lives.

Apart from the purchase decision, buyers’ expectations about owning property have altered dramatically since the pandemic. Homes that are ready to move into are in high demand right now. According to the same Magicbricks poll, 84 percent of buyers want to acquire properties that are ready to move into. Another survey by Anarock Property Consultant found that post-pandemic, ready-to-move-in homes have been the preferred option of buyers.

But this was the situation before 2022. Now things have changed, as the Covid Pandemic has majorly gone. Read on to find out what kind of homes buyers prefer, now that COVID has passed, as well as how the pandemic has affected buyer behaviour.

Have People Changed Their Expectations About The Future?

After the Covid pandemic, living in heavily crowded locations has lost its allure. Now the majority of buyers prefer to invest in a less densely populated location. The demand for privacy, space, and control over who enters and exits one’s house is increasing, making gated residences an excellent choice post-pandemic.

Single-family homes are seen as a more flexible sort of living arrangement by buyers. You are free to live your life as you like and to enjoy the outdoors with your family. If you’re thinking about buying a house after a pandemic, keep the following things in mind:

  • Decide how long you’ll be staying in your new home. If you have less than five years, buy a house that you can add value to.
  • Make a budget for yourself, and stick to it.
  • Look for a location that matches both your needs and your budget.
  • Following the pandemic, finding the correct neighborhood and area has become even more vital.
  • Look for societies comprising amenities such as a swimming pool, garden, gym, clubhouse, etc. So even if the virus returns, you can live a holistic life.

Is Working From Home Going To Stay?

work from home

To stay in business while adhering to social distancing and self-quarantine procedures to prevent the spread of infection, most companies have urged their staff to work from home. As a result, many alterations have been made in people’s homes to fit this new normal. However, some people have complained about a shortage of space. As a result, demand for large residences rose, particularly in major cities such as Mumbai, Pune, Bangalore, and Chennai. In general, people are more interested in buying spacious 2 BHK flats and premium 3 BHK flats.

Will The Expectations Further Change?

We’ve been confined to a specific zone by the pandemic. In 2020, People stayed at home for nearly five months in order to adhere to social distancing norms and infection control measures in order to prevent the virus from spreading. People who live in an independent home or a home without in-house or local amenities may have missed out on a variety of recreational opportunities such as a stroll through the garden, playing with children in the park, meditation, workouts, and more. People remaining in the apartments, on the other hand, may have enjoyed all of these activities even throughout the pandemic and lockdown. As a result, buyers now prefer to own a house in an apartment that is economical, easy to maintain, and convenient to a variety of amenities following the epidemic. And this trend is going to stay for a long time.

Buying a Home in an Apartment Has Many Benefits, Such as:

Zen estate amenities

  • Location – Apartments are closer to the city centre, restaurants, transportation terminals, retail malls, religious sites, and so on.
  • Well-Maintained Space – Apartments provide in-house maintenance and hospitality services, allowing buyers to enjoy a clean, well-kept environment.
  • 24/7 Security – Gated community, security guards and CCTV cameras provide a holistic security to all family members.
  • Kids’ Safety – Children enjoy themselves in the community, which has a garden and a play area.
  • More Facilities – A gym, pool, grocery shop, park, and other similar amenities are mostly included in a society, or available very nearby, allowing residents to take advantage of all of them while being safe.

Which Project Amenities People Will Prefer Post COVID-19?

According to a recent survey, potential home buyers’ desired amenities include close proximity to grocery stores, hospitals, and medical shops, in addition to an in-house garden, clubhouse, and swimming pool. They also desire additional open places, such as a park, a gym, a small garden area, or a football or badminton court. They are willing to pay more for features and amenities that will help them live longer.

Buyers may expect these features in apartments post-pandemic:

  • Yoga deck
  • Balconies
  • Workout zones
  • Terraces
  • Multiple entry and exit points
  • Rooftop gardens

Buyers may expect to invest in localities that contain:

  • High hygiene standards
  • Open spaces
  • Close-by medical facilities
  • Lower pollution levels
  • Lower population density

Will The Demand For Spacious Homes Rise Post COVID-19?

The lack of open space within the home, such as a courtyard, lawn, or balcony, was never an issue. However, after the pandemic, people’s lifestyles have altered dramatically. Due to the constraints imposed, people had to spend most of their days at home. That’s why they seek apartments, which have open spaces to unwind and revitalise in order to accommodate this new normal.

 

Related PostReasons to Purchase New Homes Post Pandemic

 

Looking for apartments that have all these amenities? Explore Zen Estate Kharadi

zen estate kharadi

Zen Estate is a platinum-certified IGBC project that won the award for ‘Residential Complex of the Year 2020’. It provides spacious and superior 2 BHK and 3 BHK flats for sale in Kharadi, Pune at the most reasonable prices. Come and live the Zenshine lifestyle to experience peace with luxury.

Fantastic Amenities at Zen Estate

  • Swimming Pool with Baby Pool
  • Yoga Meditation Deck
  • Walkway / Jogging Track
  • Senior Citizens’ Sit-out
  • Kids’ Play Area with Rubber Flooring
  • Party Lawn with Stage
  • Multipurpose Play Court
  • Main Entrance with Feature Wall
  • Amphitheatre
  • Open Gym
  • Clubhouse
  • Buffet Area

Among the best projects in Kharadi, Zen Estate is created to lift the bar on ordinary life to new heights. Zen Estate is a great place for modern living, with branded fixtures, a safe gated community, riverside homes, quiet architecture, and 25+ incredible amenities.

Visit www.zenrealtyindia.com for more information.