If we are to observe the Indian real estate market, there has been a significant wave of change in recent years, especially in metropolitan areas like Delhi. There has also been a change of notion about buying a residential property as well because the contemporary Indian buyer is no longer content with owning an orthodox home. They are also on the lookout for homes that offer high-tech facilities and advanced security systems. Luxury is also high on the list and the inclusions of a swimming pool, gymnasium, and community centre for senior citizens are now the basic requisites to look for in to residential property for sale in Delhi.
Smart technology in homes
This is one of the most prominent trends; integration of smart technology in residential properties typically include home automation systems as they let the home owners control lighting, security systems, and even kitchen appliances remotely. Smart homes do not just provide convenience. They also ensure energy efficiency, appealing to the tech-savvy demographic, especially in metropolitan areas.
Luxury elements and amenities
Besides the smart technology integration, there is a growing demand of luxurious amenities in the residential properties. This has become an important part of the decision-making process for potential homeowners as they are gradually gravitating towards properties that offermore than just four walls and a roof. As such, the lifestyle amenities like swimming pools, fitness centers, landscaped gardens, and private terraces top the list.
As more and more buyers are influenced by the affluence and cosmopolitan lifestyle, it comes as no surprise that the residential properties in Delhi for sale have now also focused on designer interiors, modular kitchens, and high-quality fittings.
Sustainable living
As one group is focused on smart technology and luxurious amenities’ integration, there is also a group who are interested in buying residential property which focuses on sustainability. That is right. With the growing awareness about environmental issues, buyers also look for a ecologically viable residential properties that are replete with facilities for rainwater harvesting systems, solar panels, and green building materials.
Thus, the developers too have rolled up their sleeves for incorporating green building practices to attract environmentally conscious buyers who want to buy residential houses in Delhi.
Rise of Gated Communities
Perhaps it is the gated community which takes the cake for being the most influential type of residential property that the customers choose while buying residential property. The gated communities are a safe reprieve for many families and working professionals. As these communities offer a secure and self-sufficient living environment, the basic amenities like groceries, recreational activity centre, playgrounds are available. This inclusion underlines the prevalent importance of safety in the metropolitan areas where convenience too comes as a top priority.
Investment Perspective
If we look at the current trends strictly from an investment perspective, buying residential property in India, more specifically in Delhi is win-win affair. Time and again, the city’s real estate market has shown resilience against inflation and even global financial meltdown. In fact, the property values have steadily been on the rise over the years. Thus, the investors do not wish to miss out on the opportunity of owning a residential house in Delhi for the sheer prestige associated with the location.
Conclusion
The landscape of buying residential property in India is evolving rapidly, driven by advancements in technology, a shift towards luxury and sustainability, and the growing popularity of gated communities. For those looking at residential property for sale in Delhi, Jain Oncor has identified the these trends and lists out properties that offer a glance into the future of urban living. Get in touch with our real estate consultants for a holistic residential housing solution.