• Xception

AFFORDABLE HOUSING

Updated: Oct 11


We foresee demand for conscientious inexpensive and smaller dwellings to grow in INDIA with regard to growing in INDIA with awareness to a greater fluidity of enjoying life ,home working and leisure.With stronger individuals ,stronger families and stronger neighborhoods Housing developers and builders will need to revisit their formulaic approach to property development ,for example ….more single bedroom apartments.

Revamp of community clubs open spaces and coffee shops as an integral part of residential projects

‘Micro homes’ are gaining popularity owing to the rapid rise of population and space crunch in urban India. With rising rents and housing becoming expensive over the years, home buyers are opting for homes that are smaller in size but well within their budget. A micro home is a home that is small in size, cost-effective and easy to maintain.

Young professionals who may be keen on a small house form a good number of the potential buying population. And, IBHK units will be their pick for several reasons. Apart from the fact that such units are far more affordable, they also make exit easier. Data show 1BHKs and studio apartments moved well in the Mumbai market. Micro-markets such as Thane, too, came up with the concept of 1RK (room, kitchen) where the 'H' or the 'hall' was given a miss to cater to the price sensitive buyers.

Availability of amenities

Modern clients also look for amenities such as club house, games area, jogging tracks, swimming pools, children’s play area, etc., which cater to their aspirations and needs. In this context, luxury micro homes provide for the maximum utilization of available space, design acumen and comfort. “Buyers want high-quality compact units, without any compromise on facilities and hence, look for developments with all the lifestyle-centric services and good connectivity. Even for high-end home buyers, these boutique luxury flats have an appeal, due to its location, financial feasibility and comfort,

Smaller homes are good if you are an investor. It becomes hard to market and sell a bigger house because buyer folk are tough negotiators and a major bulk of buyers consists of younger professionals looking at small investments that could yield good returns over a longer period of time.

It is evident the younger generation is keen on upcoming locations with suitable infrastructure even if they have to go for a smaller unit rather than settle for plush locations at premium prices.

If you live in a metropolitan city, a space-crunch is probably not unknown to you. But guess what, there are plenty of pretty slick space solutions out there to not only answer all your space questions, but even your style questions.

With the fast paced urbanization, the industrial revolution, many people flocked to the cities and couldn’t afford proper housing. This resulted in the growth of apartment or small-space living. The Multi functional furniture includes beds, tables and most importantly, the chair. Combinations of the portable, lightweight and easily storable qualities have created an appeal among the general population. Today, furniture such as folding chairs are the required for picnic, outdoor event, or family gathering. The folding furniture can be a great saver for an apartment or cramped house.

Many people living in the apartments can save space with the Multi functional furniture and at the same time can have better living conditions and improve effective usage of space


1.study-table or workstation that folds right up into the wall.


Easy to transport and clean, folding tables are a wise investment. Their adaptable size means they are especially practical for smaller spaces.


2. Or a comfy chair with an in-built bookshelf.


3.The bed mostly takes up all our space. Maybe one that folds up into a couch and shelf wouldn't, though.

Folding beds have gained popularity because of the less space it takes up in a room.



If you live in a smaller rented space or a room, you will not need the large beds and cots.

They will occupy most of the space and transporting them from place to place is difficult. You can simply fold the bed along with the mattress, clasp the top and store it in your cupboard.




4. Turn your drawer rack into a table for two with a few simple slides.


It creates lesser mess and of course more space.


5. Let your friends watch rapt as chairs slide right out of your living room table, turning it into everyone's designated hangout area.

So, it is ideal to minimize the furniture creating more circulation area when chairs not in use.



6. More staircase storage.

The common problem in hallways is that the space is usually limited. At the same time, we need to store plenty of different items next to our home entrance, so narrow and disproportional premises can be pretty annoying.



House owners, however, can always apply a bit of effort and equip their homes with storage under the stairs.

COMMUNITY DEVELOPMENT

Unlike houses, apartment complexes are generally built with specific amenities directly on the premises or at the least in very close proximity. Although you could always have these elements built into your home, the financial obligation is not as rewarding. Apartment living can prove to be a very convenient living arrangement.

Many residents move into an apartment complex hoping to build community with their neighbors. These high-end apartment amenities provide the space to do just that, be it through a property-wide BBQ or a casual conversation over a game of Scrabble.

Few such amenities that are expected in today’s life are :

Fitness amenities

Today, healthy living is trendy, which means residents want more from their fitness centers. To meet their demands, consider hosting fitness classes, building a yoga studio, or adding other unique amenities.

But considering the present situation of the global pandemic, we might want to go back to the days where you could throw a treadmill and an elliptical into a small room and call that your resident fitness center.


Having a home gym setup in one corner of your room or in the balcony would be the better option as everything out there is closed.


People might get accustomed to the online classes, home workouts but it might not be for a long term. People will crave community more than ever. However few changes have to be made regarding cleanliness, arrangement of gym equipment, social distancing etc.

Exceptional co working spaces

With more and more people moving away from a traditional office setting, co working space can be extremely valuable to residents.

But considering the present situation of the global pandemic, we might want to go back to the days where you could throw a treadmill and an elliptical into a small room and call that your resident fitness center. Having a home gym setup in one corner of your room or in the balcony would be the better option as everything out there is closed.

People might get accustomed to the online classes, home workouts but it might not be for a long term. People will crave community more than ever. However few changes have to be made regarding cleanliness, arrangement of gym equipment, social distancing etc.


Green space

Green space is the perfect high-end amenity for city-dwelling residents. A beautifully landscaped and comfortable area with lots of green can help residents find peace after a busy day.

Even if your property is in a less urban area, a green space is a perfect place for residents to host friends and breathe in some fresh air after spending the day indoors at work.

Separate and spread out seating could help in maintaining distance and as well as spending time with the community .




Outdoor kitchens and dining areas

If you want to take your green space or rooftop deck to the next level, add an outdoor kitchen, grilling area, and tables and chairs. These simple additions can make the space feel more welcoming .




Such places might be avoided for a longer time, as it involves people coming together and gathering.

To avoid such situations we can try having open kitchens or bbq in our balconies.









In-building retailers and services

This is a high-end apartment amenity that can really set your property apart from the rest. Consider adding a coffee shop or a salon on the ground floor of your building to perk up residents in the morning..




If you really want your residents to feel like they’re living in luxury, this is a great option to consider.

You can always have your own personal space to have your daily coffee without leaving your house by placing a table right next to your window or in your balcony.


PICTURE COURTESY : INTERNET