The real estate market is always evolving, and with every shift in trends, property prices are affected. Whether you’re a buyer, seller, or investor, understanding these trends can help you make informed decisions. In this blog, we’ll explore how the changing real estate trends are impacting property prices, particularly in Kerala and cities like Calicut.
The Rise of Remote Work and Its Effect on Real Estate
The global shift toward remote working has significantly impacted real estate trends. With more people working from home, the demand for spacious apartments and homes in quieter, less crowded areas has surged. People are no longer confined to city centers and are willing to invest in properties outside of traditional urban hubs. This shift is opening up new opportunities for property buyers in smaller cities or even suburbs.
For instance, many are looking at resale flats in Calicut as they seek more affordable and spacious options outside the hustle and bustle of larger metropolitan areas. With the ability to work remotely, buyers are becoming more flexible with location, and this is driving the demand for properties in newer and emerging markets.
Growing Interest in Resale Flats in Calicut
Many buyers are now opting for resale properties as a way to secure a better deal or find homes in prime locations. Resale flats often come at a lower price compared to newly built ones and offer a chance for buyers to negotiate. This trend is especially noticeable in urban areas, where property prices can be steep.
Sellers are also finding it easier to sell their properties as the demand for ready-to-move-in flats grows. The price of resale flats in Calicut has been steadily climbing, making them an appealing option for both buyers and investors.
Shifting Preferences for Luxury and Wellness-Oriented Living
Another significant trend shaping the real estate market is the increasing desire for luxury living. Post-pandemic, many buyers are seeking out properties that offer more than just a place to live — they want a lifestyle. Features such as private gyms, home spas, wellness areas, and luxury amenities are becoming highly sought after, and developers are responding by building properties that cater to these needs.
This shift has made luxury apartments in Calicut and other cities more desirable, which has driven up their prices. People are willing to pay a premium for high-end living spaces that offer comfort and exclusivity, reflecting a broader change in what buyers value most in a property.
The Role of Best Builders in Kerala
The expertise of the best builders in Kerala plays a significant role in shaping the real estate market. Builders who focus on quality construction, innovative designs, and customer satisfaction can influence property prices by delivering homes that meet the modern buyer’s needs. As trends shift towards sustainability and eco-friendly living, developers are now incorporating energy-efficient solutions and green building materials in their projects, adding value to properties.
As one of the best builders in Kerala, we shape our properties based on evolving trends, making sure they are perfect for both today’s living and tomorrow’s expectations.
