Work From Home in Covid-19 Times- A Great Opportunity for Real Estate to Bloom
Pandemic has crippled everyone’s mind. It has affected everyone in a dire way. But one of the most unexpected effects of the pandemic has been the change in trends in housing all over the country. The economy has got a bitter hit with this pandemic but real estate is still blooming.
Thinking why?
Because of the remote working environment that is developing in the country. This remote work culture has majorly entered Indian in this pandemic time only, in other countries it was already the first choice. This in a way is leading to real estate investment.
Why is WFH gaining propulsion?
Everyone loves the comfortable and cozy working environment and they have obtained it from Work from home. Pandemic has allowed people to work remotely and this is where work from home trend has gained momentum.
- An easy way to balance stress and work
Well, there is no dearth of doubt that how much pissing off this pandemic is for everyone. It has added different tensions in everyone’s life. Some are drained of money and some with emotions. On it going office can be painstaking. Thanks to this work-from-home culture, that everyone is now able to balance their personal and professional life. Companies understand that in this situation it is important to keep their employees happy and this is the time to make a strong workforce and better relationship through WFH.
- No more fret of commuting
Well, amidst this pandemic situation it is death risky traveling in congestion. Professionals seek to work in the hours that are being spent on traveling. The city’s ever-increasing traffic anguish and the rush commonly seen in the metros and buses can just lead to more spread of the virus. Instead in WFH, there is no fret of commuting, saving hours, and investing these at the right place. People are now focusing more on telecommuting.
- The rising price of commercial real estate
With the ever-increasing rates of commercial properties, which is continuing in the market for years, owners prefer WFH to cut their overhead expenses of the buildings and the companies. Such organizations are the main reasons behind the growth of flexibility of the working atmosphere and the employees.
Work from home is considered an efficient way of working with lesser stress. Here you might don’t get the traditional office feels where the wide-screen desktop, some fresh fruits, water bottle, swivel chair, and the conference give you the connection with working space, but you can create it at home.
The real estate market is culturally evolving with the WFH trend.
With the changing work practice, it is obvious that people are looking forwards to home investment more. Though WFH is increasing they are investing in the properties with the thought of getting a good working space for themselves rather than just a cramped working desk. Post-covid demands of the homes have changed tremendously.
- Growing demand for flexible spaces, modular furniture, ample open space, etc.
- Potential buyers are seeking a home where they can enable a corner for their regular work practice.
- All the top-notch builders are preparing the homes in a way that enables working efficiency, adding modern amenities like a clubhouse for some leisure time, co-working space, and more.
Even before the pandemic, the need to work remotely was rocketing in the market, but this got impulse with the proper lockdown.
Know some of the latest points being added in the homes these days.
- Quiet zones
Well, this is one of the most amazing initiatives taken by the developers who are preparing quiet zones on the floors. This space ensures minimum noise from within and outside as well. This is a much-needed environment to work freely.
- High-speed communication
The major problem that can come in between work is the improper internet connection, so the constructions now involve fire optic cables ensuring high-speed internet.
- Spacious work area
Managing office clutter without compromising on your family’s living space can be a pure blessing. Now the space is being planned in a way that gives the flexibility to work.
The parallel connection between real estate and technology, helping in investment during WFH:
Though both the terms have been poles apart until technology advanced. Ever since remote working has come into a trend it has expunged the distance between the two sectors. Technology has enabled the developers to understand the trends and needs and plan the housings accordingly. They are getting aware of how technology is going to change the future of real estate.
With the help of technology, everything can be done remotely like Online rent collection, smart appliances, and security systems. Listing, screening, hassle-free and secured payments, everything got easy with technology.
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Well, work from home has given you great opportunities of working at your comfort level, earning regularly, and enabling the real estate to spread its arms even in pandemic times. So, you can be the lucky one to own an amazing space for yourself that benefits you from every corner, fulfilling all your purposes.