: Wellness Projects to Redefine Luxury Housing in 2021 #IndiaNEWS #Business Indias real estate sector witnessed a change of perception of living after the pandemic struck globally; the sector rose up

Wellness Projects to Redefine Luxury Housing in 2021 #IndiaNEWS #Business
Indias real estate sector witnessed a change of perception of living after the pandemic struck globally; the sector rose up to the occasion and came up with projects that are changing the way people live. Things took a radically different turn as people moved closer to wellness projects. People have begun to understand the value of safe living, immunity, and are falling back on many age-old social standards, including living king-size lives where you have space to comfortably go through everyday chores. There is a rising demand for projects offering less cluttered and organic living.
Serenity within your own home
In real estate, the perception of premium has changed from mere snob value to the sphere of family wellness and fitness. When it comes to having the best lifestyle, which takes care of every need of the resident, the Millennial and HNIs are searching for projects that are a notch above the rest. The new-age generation goes for homes that add value to their lifestyle and bring freshness to the way they live. If they get services that make them enjoy their lives, people would be ready to invest an extra buck. The decrease in reliance of prices only is evident in the fact that Noida and Ghaziabad saw buyers interest in units priced between Rs. 80 lakh and Rs. 1. 2 crore with sizes ranging from 1,500 to 2,500 sq. ft. Most of the buyers were looking for 3 or 4 BHKs in these areas. In Pune, the demand for homes ranging from Rs. 2-5 crore grew from 1,200 sq. ft. to 2,000 sq. ft. was witnessing momentum. In Hyderabad, the demand was higher for 3 BHKs that are priced between Rs. 80 lakh and Rs 1 crore; the city also saw a demand for villas priced above Rs. 2 Crore.
Farmhouses are the newer segment opening up in the luxury real estate. Prashant Gupta, an entrepreneur, became conscious about the need for healthy food and pandemic situation made him look for projects that can take care of his need for healthy living. At this time, he turned his attention towards farmhouses that give him the independence to grow food products for his consumption. Real estate has come up with projects where they are providing the facilities of Organic Farming, Dairy Farming / Poultry Farming, Plant Nursery Maintenance and Apiculture, Horticulture, etc. One such project by Raheja Developers Riyasat Hill Farmlands where the developer is also helping the buyers fulfil most of their dietary requirements for fresh and green organic vegetables/fruits/pulses as well as poultry, fish, milk, etc.
The project provides the opportunity to avail the benefits of the Farmlands in various ways: Purchasing Farmland of 1 acre and above; avail monthly subscription for a nominated agency to cultivate your land to produce food products or choose to have an independent setup on their farmland; convert to Gated Community using available Government policies for building plans.

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