It is all about villas these days! With the introduction of government policies such as RERA, villas have become quite affordable in recent years. People eventually realize that investing in them is beneficial for long term financial gains. With all the significant changes taking place in the Indian real estate sector, it does make us wonder about the future of luxury villas. It is inevitable since buying a villa does have more benefits than living in rented properties. 

Even banks are providing various economical financing options such as cost-effective loans, personalized payment plans, etc. hence simplifying the process of buying villas even further. The expected appreciation in property rates will eventually increase their sale value leading to multiple returns in the future. 

The property demands in India rivals that of gold. In short, considering the present Indian real estate scenario investing in villas will yield profit in the future. Here are four significant predictions of villas.  

More personalized 

A villa is your own space since it is a separate living unit, that is free from any disturbances that you experience in conjoined living spaces. Being able to alter, upgrade, and modify your villa without having to take any approval is what most people find appealing. 

With people having different preferences, luxury villas are already offering provisions that make it easier for the owners to update their villas as per their convenience. It is evident people want to customize their villas into their personalized fortress. Hence the real-estate developers are making it a point to provide customizable homes to their customers. It might be safe to assume that due to increasing demand, more and more developers will construct easily upgradable villas. This personalization lets people make their villas into their ideal homes.     

More Integrated Technology & Smart home Features

Almost everyone loves technology these days. The technological evolution has been making our lives comfortable and luxurious since the beginning of the industrial revolution. With people becoming more accustomed to technology, their expectations for home integrated technology has been increasing as well.

Presently we have home security intercom systems, solar heaters, automatic temperature control, etc. which are some standard smart home features. There is a lot to come yet. The future is looking bright for the home tech industry. With a significant shift of interest towards tech-savvy homes, developers will inevitably construct more tech integrated smart homes to keep their properties from becoming outdated.

More green-tech/eco-friendly

With rising environmental awareness, more people are adapting to an environment-friendly lifestyle. It has led to them embracing green technology to prevent environmental degradation as much as they could.

It is safe to assume that environmental awareness will continue to grow among them. People will be looking forward to integrating green tech in their home.  More demands mean more green-tech integration. It might also become a significant factor for the developers to maintain their reputation.   

More affordability

It is quite amazing how despite villas becoming more personalized, and tech integrated, they’ll still manage to maintain an affordable price range. It’s mainly due to government policies that have been mentioned earlier in the blog. The RERA policy requires property builders to disclose their project details with the government. It was introduced to protect the homebuyers from paying extra for the fraudulent schemes.

There are also upcoming policies that will transfer more powers in the hands of homebuyers.  Find out whether investing villas is good for you in out “reasons why villas are a good investment blog“.

It is important to note that the points mentioned in the article are predictions based on the current situation in the Indian real estate sector. Hence the material should be treated as a prediction rather than as a fact. Perhaps our “Real Estate future trends” blog might help you in understanding our predictions: https://keerthiestates.in/blog/real-estate-trends-in-near-future/