In 2023, the Global Real Estate Market is being acquainted with a mixture of various challenges and opportunities. The storm of COVID has indeed shaken the ship of the market since 2019, yet there is still scope for discovering many investment opportunities, particularly in the big metropolitan cities.
1. Speaking of Real Estate Trends, numerous companies like Tech Mahindra, McCain, Nestle, and Mercedes have embraced the Hybrid Work Model so the demand for Co-working and Flexible spaces is rising in Commercial Real Estate. The Hybrid Word Model has impacted Residential Real Estate by generating the need for work-from-home compliant spaces.
2. More and more people are opting for sustainable and energy-efficient properties with the increasing awareness of environmental issues. Considering this, Venkatesh Buildcon has exclusively brought an array of IGBC-certified Platinum-rated Green Homes, especially for environmental enthusiasts. You can now relish a creamy lifestyle while ensuring the safety of the environment.
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3. The world has become smart, and so have our lifestyles. People nowadays not only prefer Luxurious Homes or Comfortable Homes but they also give equal priority to Smart Homes. Technology is the root cause of all the major transformations happening in the Real Estate industry. Smart home systems, IoT devices and digital platforms are greatly benefiting in amplifying security, property management and resident experiences.
Emerging technologies like VR (Virtual Reality), AR (Augmented Reality), AI (Artificial intelligence) and Blockchain are radically changing property showcasing and sales.
Tap on the following links to thoroughly witness the grandeur of our masterpieces by staying at your home.
AR tour of Venkatesh Skydale:
VR tour of Venkatesh Graffiti Glover:
VR Tour of Venkatesh Graffiti Glover
VR tour of Midori Towers:
4. The other trend that is ever-constant in Residential Real Estate is the demand for Affordable Housing Solutions. Affordability will always be at the top of the checklist of every homeowner on this planet. To meet this need, Developers and Policymakers are in search of innovative solutions to make housing accessible to the masses.
The Office Sector is experiencing a great shift due to the Remote Work Model. On the other hand, the Multifamily Sector remains stable as we can discover favourable demographics and a robust employment market. Despite the surge in e-commerce and online shopping, the Retail Sector is also quite strong and unwavering.
In terms of the Indian Real Estate Market, there are various key growth regions to highly consider. Cities like Pune, Ahmedabad, Bengaluru, Chennai, Goa Delhi and Dehradun are anticipated to be the most coveted property investment treasures for Indians as well as NRIs.
But if we talk about a specific region in India that is most favourable to envision your dream home, Pune is one for it. It is the ultimate choice for expecting the highest returns on investments.