Mumbai, August 11, 2022: 82% of respondents in Mumbai admitted that the pandemic influenced and motivated them towards a sustainable lifestyle at home. 84% Mumbaikars found it important to connect with nature in and around their homes, revealed the recent Home Livability Factors study by Godrej Properties. The study found Mumbaikars have become more conscious, try and save energy and resources, avoid food wastage and use sustainable products whenever possible.
Home Livability Factors underscores the fundamental shift in homebuyers’ preferences with the onset of the pandemic and the significant alterations that it has brought about in their preference for residential apartments.
Rakesh Kumar, Chief Design Officer, Godrej Properties, said, “Homebuyers are now going beyond the basic checklist and are on the lookout for very specific, custom-designed, and smart homes which are not only technologically evolved but offer contemporary facilities in terms of safety, security, and more. Home life is now centred on health and wellbeing which has led to a strong significance for an open and safe living environment.”
The study found 80% of Mumbaikars feel that it is important to develop hobbies and passions, and they even developed spaces in their homes to practice the same. Mental health and well-being was another key concern during the pandemic, 58% of Mumbai homebuyers agreed that they try to ensure a healthy and safe living environment While 24% admitted that their home life is centered on their physical and mental wellbeing.
Post pandemic there has been a value shift in the mind-set of homebuyers and homes are now an abode that can cater to diverse needs of homebuyers. 78% of Mumbaikars feel it’s important to have an office setup at home. While 58% feel that a home will never replace their office, 20% said that they had completely adapted and have an office setup at the home office during the pandemic.
Now people are more conscious of their expectations from a home. Homes are no more just a ‘living space’ from their homes. They also look at the proximity of housing complexes to their place of work as among key decision-making criteria before investing in a homes. 84% of people ranked the cost of purchase and amenities such as access to services (shops, schools, public spaces, etc. as an important criteria and 80% feel the reputation or the brand equity of the builder/promoter is important to them in home selection.
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