The residential real estate market in Mohali and Zirakpur is just growing like anything. As the millennials are leading the housing trends in India, the new housing projects are an exciting home buying option for them on the airport road Mohali and Zirakpur.
The bigger cities in India including Bangalore, Pune, and Chennai have exclusive housing projects for co-living audience only. It gives them the right kind of community and neighborhood of likeminded people, and collectively, it boosts the residential real estate growth in the region.
The affordable rentals, world-class amenities, and changing nature of their working models means they are exploring co-living options so that the living experience meets their lifestyle, and within budget.
Designing for co-living is not about designing the conventional buildings and then finding the tenants for this model. It is also about identifying the customer sentiment, their lifestyle for financial models, privacy, and work habits. This story by moneycontrol.com shares the co-living sentiment and its future in India.
Mohali has been growing as an IT hub for a few years now. With the recent growth as a commercial and residential real estate hub in the North India, the local real estate developers in and around the airport road Mohali and Zirakpur can leverage the co-living trend to design specific housing projects. See a few residential projects in this region for more details on 3BHK 4BHK 5BHK flats, independent villa homes, and plots.
They can design it for their specific living experience, whether for car sharing, community spaces, their priorities for sustainable or green buildings, wellness areas, and so on.
People reacted to this story.
Show comments Hide comments[…] People in this shared-economy generation have realized the important of co-working, co-living, and co-living too. The residential real estate projects that inspire this kind of confidence that people can live […]
[…] priorities. On one hand, millennials are driving the change in home buying trends in India and the co-living acceptance brings some structural changes in the design or new housing projects for this segment. A Savills […]
[…] the changes in housing design, and we have seen voices for designing houses for mixed generations, housing for co-living, and the demand for villa floors in […]
[…] Real estate has been growing fast in India in the last twelve to eighteen months, and since it becomes competitive too, the pricing strategy becomes a game of fine margins. The developers who can absorb the pricing pressure and sell their inventory with clear messaging for the differentiator, whether it is for the millennials, for mixed generations, or housing for co-living, […]
[…] to the increasing prices of real estate and the modern lifestyle in India. Co-living is already a boost to the Mohali real estate growth. A recent report by Colliers India […]