Saturday, 4 July 2015

Housing amenities a key factor impacting buying decision

As the realty landscape changes, so does the needs of the buyers. The needs of a home buyer have evolved in the last few years. Apart from shelter, a home is a refuge of recreation, comfort, social life, security and convenience at door step. To cater to this need, developers are offering definitive amenities to give buyers a wholesome experience with their homes.

Take a Few Cases:
Yaswanth from Bengaluru approached Open House, Magicbricks Q&A forum, asking for ready-to-move-in flats by this or next year March. Gymnasium is a must in apartments/housing society.

Mamta Negi, looking to buy 2BHK apartments in Noida wants a modular kitchen with specific accessories such as stainless steel sink, ceramic tiles and marble flooring.

Govind Singh, a resident of Sector 37, Noida says, “I am already living in a 3BHK apartment in an established sector of Noida, but want an apartment with amenities like medical facility, senior citizens garden, good security system, lifts, power back up all within the gated community.

Nitesh Himani, real estate consultant at Himani properties says, “The ability of service class people and IT professionals to earn handsomely has helped them afford luxury homes. Their financial capability has encouraged them to demand for homes equipped with international standard amenities like senior citizen’s area, swimming pool, open spaces, clubhouse, digital security, gymnasium, among others.”

There is a specific reason why buyers are being explicit about their desired facilities. For a buyer like Yashwanth, who does not want to venture out after battling traffic while driving back from office. He wants a gymnasium within his housing complex so that he can easily reach his destination after office. High stress levels and no fixed working hours have made buyers want amenities at their door step.

Exploring Investment Options: helps you explore property options, price trends, location advantages, current price and ratings, etc. All you have to do is type in the desired city, locality or project name to buy or rent a specific property type with budget preference and search.

In short, one can say apart from location, budget and quality construction, amenities also have become a key and deciding factor for buyers while investing in a residential property.

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