CHANGING LANDSCAPE Coworking spaces are in, so are studio home townships. Today’s buyers expect virtual tours, live chat facilities and entertainment hubs at their doorstep. A look at the many ways in which the MMR realty market has changed
Remember what buying a home used to be like? Theploddingsite visits conducted by bus, in groups. The broker you didn’t know whether to trust. The homes — just plastered walls with windows at one end.
Click forward to 2017. Today, you take a 360-degree tour online so you know exactly what to expect. You browse websites, apps and social media pages that allow you to bypass the broker altogether, if that is how you wish to do things.
Youmight buya‘studio flat’ in a township of only studio flats.
You may opt for a1BHK that is furnished down to the kitchen cabinets, oven and washing machine.
The questions have changed too. From ‘ Are there good schools for the kids to go to?’ to ‘There’s parking included, and a mall nearby, right?’ ‘Do I have options to chill on a weekend or will I have to go too far?
Because often the kids are the buyers — millennials looking to settle down but keep their pubhopping lifestyle.
A look at some of the most significant changes in the real-estate landscape that have come about in the past few years.