Real Estate Market Forecast: What to Expect in 2024?

5 Real-Estate Trends to Watch Out for in 2024

Here is a list of the top 5 real-estate trends which you should keep in mind when buying flats for sale in Bangalore:

• Sustainable and Environment-Friendly Homes

  Sustainability and reducing carbon footprints have become integral factors in real-estate development. Since home buyers and owners are becoming increasingly environment-conscious, they are focusing more on buying energy-saving and eco-friendly homes.
  Thus, several developers are nowadays using materials that are environment-friendly, installing energy-efficient appliances and incorporating rainwater harvesting systems and solar panels to save energy.
  In the near future, you can expect several real-estate projects with green certification which ensures long-term cost-saving and sustainable living.

• Affordable Housing

  The constant demand for housing requirements due to the increase in the urban population has become a major issue. To address this problem, the government is trying to enforce regulations for developers to create more budget-friendly housing options.
  These rules and regulations are expected to give essential relief to all homeowners who are looking to purchase flats for sale in Bangalore. Also, it is the responsibility of the developers to help and educate the homeowners, so that they can leverage the government incentives and schemes while buying property.

• Smart and Technologically Advanced Home

  Smart and technologically advanced homes have gained massive popularity in recent times. You can customise your home with state-of-the-art automation systems according to your personal preferences.
  Also, some developers provide ready-to-move-in apartments for sale in Electronic City featuring smart appliances, security systems, voice-controlled lights, and energy-efficient systems.

• Infrastructure Development in the Suburbs

  Rapid urbanisation, congestion in cities and the desire for green spaces are leading to demand for homes in suburban areas. Thus, to facilitate the growth of this market, the government is actively focusing on infrastructural development.
  It is working on improving connectivity via public transportation systems and roadways, making it easier for people to travel to and from their workplaces. Thus, if you buy a 2 BHK or 3BHK flat in Bangalore in a suburban area, it can fetch you hefty profits in the years to come.

• Improving Lifestyle

  Nowadays, homeowners buy modern 2BHK or 3BHK flats in Bangalore based on their lifestyle choices. They prefer living in residential complexes which will have all the world-class amenities that can fulfil their lifestyle needs.
  Thus, if you are planning on buying residential property, consider purchasing apartments offering on-premise amenities like - a swimming pool, multipurpose playground, co-working space, gym and library.

Looking for the best apartments in Electronic City Phase 1?

Mahendra Arto Helix is the place to go!
Our residential complex features spacious 2 and 3 BHK flats with over 30 world-class amenities. The apartments are situated on a 3.75-acre campus with 86% open space and are Vastu compliant. Furthermore, each flat has attached balconies and bay windows facilitating maximum entry of air and natural light.
For more information on flats for sale in Bangalore, call us now!