Reasons Why The Pandemic Has Spurred The Need For A Second Home Among Working Professionals
Covid has significantly amended people’s preferences of owning a house. As the pandemic rages on and work-from-anywhere becoming the norm, the urban population prefers to own self-sufficient properties outside the metropolitan city with customized amenities and a lot of green areas and fresh air.
The demand has more than doubled in the last 12-18 months with prices of such properties increasing and the Delhi’s rich are scouting to ready-to-move-in farmhouses and people in the financial capital are moving to Lonavala and Karjat.
The pandemic has many people rethink their lifestyle and way of living and many of us want to live in residential developments with all luxuries, away from the madding city crowd.
Following are the reasons why the pandemic has seen a sudden increase in demand for resort homes:
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Working from a vacation home :
The work from anywhere option popularized by millennials is likely going to be a permanent fixture. WFH can have a lot of benefits like setting up your schedule, working at your own pace, spending time with your family. People are overwhelmed with all that is happening around them and just need a break, a change of scenery, a couple of hours to themselves. People residing in Mumbai are scouting for Karjat considering it’s not that far away from the hotspot and one can enjoy all the luxuries there.
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Lack of furnished locations driving up prices:
There is a typical demand for bungalows, plotted developments in metropolitan cities but the major challenge is there is high demand chasing ready to move in supply closets. With the uncertain times we are living in, people don’t have the patience to wait for a house to be constructed and they simply want to move in. Karjat is a beautiful and Pollution free location located very close to Mumbai and offers resorts, bungalows at a negotiable price and has seen a steady increase owing to the pandemic.
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Peace of mind with lower anxiety levels:
All of us had a pretty bad year and want a change from the daily hustle,
to somewhere peaceful. The urban population is used to living in high-rise apartments with
all luxuries but everyone dreams of a greener area with fresh air and the city doesn’t
offer that. Living in a crowded city with a high population density during Covid times
can disturb our peace of mind and give us a sense of fear.
Hence, the rich urban
population has planned to move to resorts occasionally to take a break. A lot of
people who visited Karjat resorts have similar things to say, the air is fresher,
the surroundings are cleaner,
and the density is low. The anxiety levels have also reduced drastically.
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The social distancing factor:
Another reason for the rental homes being a hotspot is because they’re
perceived as safer alternatives to other forms of travel. You get all the time to yourself
and you can make the most of it along with staying safe which is the utmost priority these
days. You can cook your meals, have a refreshing day at the pool followed by a spa,
and can distance yourself from the city hustle.
If you see the past, after the 1st wave and lockdown where no one could anticipate the future course, real estate has bounced back well. The second wave has seen a massive increase in real estate. The comfort of amenities well maintained high safety standards, and low-density living is the reason behind the same. People now have realized that changing the standard of living from time to time is important especially in uncertain times like these.
Karjat homes have seen an increase in demand due to all the above reasons and more and all-inclusive, it’s a great choice to spend some downtime, to unwind yourselves from the city hustle especially if you’re residing in Mumbai.
