In India’s residential real estate market, 2021 got mix response with much positive rate in housing demands. It was a year of recovery. Home sales and new launches both showed a noticeable level of improvement in the period between July and September 2021. The fast-forwarding momentum in the residential markets is expected to soar throughout the 2022 calendar year. Housing trends are on the rise, determining what the market is leaning toward. Whether you’re a buyer or a seller, knowledge about housing trends can bring you to a wise decision. It gives you a clue into what’s going to be most available or most in-demand among designs, amenities, and neighborhoods.

It is important to know that trends tend to shift and change often, and non-specialist needs to find places where they can tap into those trend changes quickly and efficiently. The real estate activity in 2020, and 2021 showed some spike due to low rates. Check out the trends below:

1. Digital use for house hunting

The pandemic pushed digitization to another level across all sectors. And the real estate market is no exception. Due to the pandemic and the competitive housing market in 2020, some buyers leveraged the power of digitization for house purchases.

Many were able to do virtually tour property due to virtual capabilities, such as:

• 3D Tours
• Drone videos
• Virtual staging

2. Mental health spaces

In 2022, thoughtful wellness or mental health spaces will be prominent in homes or residential societies, and some of them will come at a premium, like spa-inspired bathrooms and meditation rooms. You can go for an apartment for sale in Chandigarh in Beverly Golf Avenue where you can enjoy these luxuries. Natural light will be a priority, especially in home offices and common spaces. Moreover, greenery is another aspect demanded by homebuyers.

3. Residential market on rise

After the rollercoaster ride due to pandemics, residential prices are likely to shoot up again. Many of the supply and demand-side factors, assessed over the last decade, have started pushing the house prices. Residential sales momentum is expected to continue in 2022 as prospective homebuyers’ preferences for bigger homes with luxury amenities and attractive pricing will keep them interested to seal the deals.

4. Increased NRI interest

NRIs are seen as high-potential clients in the real estate sector. NRIs are opting for larger, greener, luxurious residences due to the lifestyle they enjoy in the country they are staying in. Real estate builders are keen on catering to the needs of NRI clients. For example, luxury flats in Chandigarh at Beverly Golf Avenue are hotspots of NRI residences.

Conclusion

Now, a significantly bigger percentage of homebuyers are looking for residences for personal use rather than investment, which is a trend reversal from the past. With more development in real estate, luxury residences would see more demand. Homebuyers are concerned about their health following the pandemic, and projects that address this issue will be on the winning side. Homebuyers are inquiring about the extra luxury features of the property.