Apr 29, 2021 | Buyer Concern, Blog
The Indian real estate market is one of the pillars of the nation’s economy. After agriculture, it is the real estate that generates maximum employment opportunities for its citizens. In fact, some of the biggies of the Indian economy are well-known from this industry.
With the outbreak of Covid-19, the market did see a negative impact on the real estate market. Amid the pandemic across the globe, the market did witness a huge loss. This gave way to other industries mark their territories in their respective industries. The Indian real estate saw an unexpected low growth between the months of October and December 2020. But interestingly, there happened to be a slight growth by the start of the year 2021.
So, is it really wise to invest in the real estate market in 2021?
This probably is a question ticking your mind because of the uncertainties being experienced by people at present due to the pandemic. Among the several major cities in India, a few including Ahmedabad and Hyderabad saw a fortunate 5% annual growth. But the factors, as studies suggest, may have been due to prices of properties already being on the lower side.
According to the Knight Frank India, “71,963 units were sold during Q1 2021, 44 per cent more than in Q1 2020. This healthy growth in sales also encouraged developers to launch new projects which are reflected in the 76,006 units launched during the quarter, substantial growth of 38 per cent .” It further stated, “Sales of residential properties across eight major cities grew 44 per cent in the January-March period this year to nearly 72,000 units as demand recovered.” This promises the year 2021 with great potential for real estate investment in India for both commercial and residential properties.
What May Change in Real Estate Investment in 2021?
Covid-19 was a huge blow among people in the year 2020. With people social distancing, staying indoors and adapting the Work From Home culture, the spike in cases started to come in control. This gave hope to most of the citizens for the year 2021. In fact, the controlled cases also slowly started to improve the fallen economic condition of the country. But, the second wave of Covid-19 in 2021 has hit us no lesser than a tsunami. The increase in cases has again forced the country to close down, resulting in several markets see a huge drop in profits. This may lead to the commercial real estate market not gain maximum profits and instead, hit a low. But, that may not be the case with residential property investments.
Investment in properties may continue, but it will be crucial for developers and real estate experts to understand consumer behaviour from now onwards. The high importance of living in a hygienic and facilitated residential society will go up. People will want to invest in residential societies that are and will put in their 110 per cent effort to create a safe environment for their residents. Additionally, with Work From Home becoming a common norm for most parts of the country, investors may look for spaces with dedicated office spaces or maybe a residence amidst commercial hubs.
Other factors post-Covid-19 pandemic that can influence the process of investing in Indian real estate include:
- Medical institutions: If Covid-19 has taught one lesson to people, it is the importance of receiving immediate medical assistance in case of certain illness. Hence, the new investors, be it for residential or commercial properties, investors may demand for medical institutions to be in their vicinity. Those to reside with their family members will not wish to take any chances of travelling for hours, bearing the traffic to receive any medical support in the future.
- On-premise facilities: A maximum number of world-class residential properties do offer dozens of facilities to their residents. This can include 24×7 security and electricity to exceptional in-built amenities in the homes. What more would be required, you ask? While luxury amenities will always be in demand for comfortable living, there may also increase the demand for on-site office spaces, 24×7 medical support and mandatory transportation facilities in case of an emergency.
- Quarantine Support: The invention of Covid-19 vaccinations has given a huge relief to citizens. But, how sure can we be that there won’t be any such unfortunate disease to hit humankind again? Hence, people will want to remain prepared and not take any risks. With medical facilities falling short at the time of need, some investors may be on the lookout for properties with complete medical facilities, including quarantine support. Several properties have started the addition of quarantine rooms in case of emergencies for its residents such as Protech Prime and it will not be a surprise to see a few more in the coming years in many residential societies.
Conclusion
The years 2020 and 2021 have been a rollercoaster for everyone. People are fighting and lending their helping hand to eliminate the Covid-19 outbreak together. There is an ongoing financial crisis with many due to unemployment and ups and downs in building a strong immunity to fight the virus. However, improved buyer sentiment due to growing or at least zero decline in profits in certain markets has been giving hope. Housing demands have remained strong and people are setting off to invest in properties for a better tomorrow. With cautious steps and study of the market daily, real estate investment can be on the lookout for positive opportunities in the Indian real estate market of 2021.
Apr 20, 2021 | Home Hacks, Blog
Summers in India can be extremely uncomfortable. With humidity reaching its peak, especially in a few states including Assam, learning new ways to keep a room cool becomes necessary. Of course, there’s the option to install an air-conditioner, but that can become a pretty expensive affair. Moreover, putting oneself in an air-conditioned environment throughout the day only leads to paying more bills and increasing the chances of certain health conditions. Hence, learning simple hacks to keep your home cool will help you in the long run and we are here to give you some quick hacks.
Here are 5 best ways on how you can keep your room cooler this summer:
Invest in Blinds
Areas with direct sunlight presence such as balconies or huge windows can heat a room. So, you can install blinds that will help stop the sun rays from entering your room and help in cooling a room throughout the day. You can choose from a wide variety of blinds including vertical blinds, panel blinds, Venetian blinds and mini blinds.
Grow More Plants
Plants act as wonderful mediums to alter the temperature of any given space. They tend to release the excess water from their leaves to follow the process of evaporation and cool themselves as well as the surroundings. Growing plants inside your home are one of the best ways to cool a room as well as to ace up your home décor goals. Some of the best plants to grow indoors include palms, snake plant, golden pothos, Chinese evergreen, Ficus Benjamina, peace lily, devil’s ivy, spider plant and aloe vera. For easy gardening tips, click here.
Check Your Lights
Lights play a huge role and are one of the ways to cool a room and keeping it comfortable. Check if your rooms have only lights like LED or CFL installed and not blubs with filament. These are easily available today both online and offline. In addition to this, try making the best use of the daylight and when there is no direct sunlight coming in. Do not open the curtains overall, but instead, open them slightly to let enough daylight in to help you do your daily chores.
Hack the Fan
This is one of the best ways to cool a room without AC and trust us, this works like magic! All that you require doing is fill a huge bowl with ice or you may also use ice packs if available. Next, place the bowl or ice packs in front of a huge fan in a position that directly helps maintain the flow of air. This will create a chilled environment and you will never require an air-conditioner. This simple trick will not only keep you and your room stay cool, but it will also help you stay at bay from the huge electricity bills welcoming themselves every summer.
Paint the Walls in Light Shades
We believe that these simple and best ways to keep a room cool will work to a great extent and keep the season comfortable for you and your family. Additionally, not only will these tricks prove helpful for your home or pocket, but taking any of these steps will also contribute towards saving the environment.
Protech Group takes pride in its contribution towards helping build better homes in better environments for its residents. We are a real estate company that ensures the use of technology and the latest ideas that go hand-in-hand to build better lives. To know more about our services and projects, visit us today at www.protechgroup.in.
Apr 5, 2021 | Home Décor, Blog
For anyone’s heart with a corner for colours and artefacts of different cultures, the Bohemian décor is the perfect calling card. Bohemianism defines the personality of a free spirit who is obsessed with layers of colours and materials, a pop of vintage elements and an artistic lifestyle among the lot. It creates a lively environment that automatically gives birth to a unique living area for any given space. In this piece, we shall show you how you too can ace the Bohemian room décor goal using nothing but your old clothes and a few other easily available materials.
Bohemian Décor Ideas
Frames: This is probably one of the easiest DIYs that you can start with. Take a piece of cloth and cut it into the ideal size that you wish to frame it as your Bohemian wall art. Next, pull out some fabric colours in shades of brown, dark green, gold, grey and blue. You can then go on to create some constructive art or just splash a few colours around to create a colourful piece. Other options can be to create square blocks or circles of the different shades or be inspired by nature and paint a simple sun or crescent moon.
Upholstery: It is time that your upholstery gets a quick Boho chic inspired makeover. If you have big pieces of clothes that are not much in use, do not throw them away. Instead, get some colourful threads and pick up some simple embroidery ideas from Pinterest and get stitching. The beautiful pieces can be then placed or fixed on the armrests to give the living space couches a stunning appearance.
Wall Hangings: Use a piece of wood or a small-sized log to hang art. You can either paint a simple art yourself and get a printout and trace it into a piece of cloth. This can then be hanged in a piece of wood and placed near a window, a corner wall or any entrance. Choose the art for this piece with a little research so that when a cool breeze enters your living room or any room you hang the art, it comes to life with the air.
Curtains: This is probably another best way to welcome Bohemian culture in the form of home décor in your studio apartment spaces. As studio apartments are open and spacious, including a few curtains in certain sections will do the trick to smartly create personal spaces. Pull out a few old curtains or invest in some new white, off-white or any pastel shade curtains. Paint or embroider simple elements such as leaves, moon, sun, plants or any structure you like. Hang the curtains between the sections you wish to divide and voila!
Rugs: Your old clothes can turn into the perfect rugs that can be placed between the living room furniture, bedroom or even the kitchen. Take a few clothes of different colours and start cutting them into long pieces. Once done, segregate the different colours. Pick three coloured pieces and start braiding them. Once you reach the end, roughly stitch the ends maintaining the same colours and start braiding till you reach the ideal size. You can then use fabric glue to bring them together into a coil form. If the size is small, use it as an outdoor rug for your balcony and see how the colours bring this little space into life.
Conclusion
These simple Boho room décor DIY tricks are the easiest ways to start your journey as a DIY master. With the ongoing pandemic, these simple projects will also allow you to spend time with yourself or family members creating beautiful pieces for your home. Protech Group excels in the art of building spacious homes that are well-equipped with the latest technological elements required for a comfortable life. We assure our customers the opportunity to invest in an ideal home that perfectly suits their requirements and personality. Feel free to learn more about our projects by visiting us at www.protechgroup.in.
Mar 30, 2021 | Lifestyle, Blog
The outbreak of Covid-19 has left a huge impact on every individual across the globe. While people are doing their best to maintain the sanitary protocols and stay indoors, we are still experiencing a huge spike in cases. Hence, as a step of precaution and lending a helping hand to residents, Protech Group has started the construction of quarantine rooms in some of the newly launched projects. Protech Prime is one of our new residential projects with a quarantine room planned for the residents.
How to make your Quarantine Fun
Staying indoors continuously affects the mental state of an individual. Protech Group understands the anxieties and dull environment of staying in quarantine. Hence, we bring to you some exciting activities on how to make quarantine fun and less challenging for yourself. Don’t worry, you may thank us later.
- Learn a New Language: Like B.B King quoted, “The beautiful thing about learning is that nobody can take it away from you”, learning anything new is a treasure. So, you can maintain a productive quarantine by taking up an online course for language and add a new skill to your skillset. If not language, there are multiple websites offering outstanding short term courses to enhance your professional skills.
- Movie Marathon: Whether you love romance, comedy, action or suspense, movies are a great way to pass time, learn something new and have fun during a quarantine. Pick a genre of your choice, request your family members to pop some popcorns for you and sit down for a movie marathon. You can also pick a series from any one of the many OTT platforms like Netflix, Hotstar, Amazon Prime or others and binge-watch through the day or night.
- Book Reading Marathon: Quarantine times have actually been a period of learning for many people. Book reading is one of the activities that many have tried and succeeded in. You can pick a genre of your choice and dive into the world of fantasies, romance, suspense and many more. To make this more fun, you can start maintaining a diary to jot down your favourite quotes from the books you read.
- Start Exercising: Releasing endorphins is a great way to combat stress and go through the day. Moreover, with the increasing need to boost our immunity, it is important that we exercise daily while indulging in good food. You can take up any activity such as yoga or cardio and add a few minutes of meditation. Meditating for even 15 minutes a day will promise you a calm and relaxed mind, helping you stay at bay from anxieties and unwanted stress of staying alone.
We understand the impact that the pandemic has caused on the world. Hence, we have been careful in carrying out every essential step for the safety of our residents in Protech Apartments. We regularly check the temperature of our workers to ensure safety for all. Protech Group is committed to offering quality homes that speak elegance, safety, world-class design and on-time delivery. Learn more about our services and residential apartments at www.protechgroup.in or connect with our experts at +91 98540-47000.
Mar 27, 2021 | Newsletter, April 2021
5 Reasons that Make Co-living Spaces the Hottest Real Estate Trend!
You are a student, a working professional or a single person looking for first-class accommodation. But the shocking high rents for apartments you find today hasn’t made it easy to find the ideal space. Do we sound similar? Well, if we are, we also come with a solution for you! “Co-living spaces” have lately become a widely accepted concept of living. They act as a heaven for those looking for living spaces that come with every essential amenity. Here we are giving you a few quick insight into how co-living spaces are offering a modern solution to all our logistic needs.
5 Reasons That Prove Co-Living Space are a Boon
Most living spaces come with the facilities of a washing machine, refrigerator, television, geyser, well-equipped kitchen and so on. Isn’t that just amazing? After all, it becomes pretty challenging for those living alone to invest in every essential commodity to lead a comfortable life. Now, without further delay, let us check out the 5 top reasons on why co-living spaces are becoming the next big thing in the real estate industry:
- Less Expensive: The primary concept of commencing co-living spaces was to make accommodation affordable for people. Hence, renting such a space instead of an apartment for working people or students has been proven to be extremely beneficial. One can enjoy a wide range of facilities along with accommodation rather than having to invest in every item ranging from refrigerators to televisions.
- Profitable Business Model: Unlike apartments and flats that take days or even months for owners to find tenants, it is exactly the opposite with co-living spaces. Owners can easily find tenants for at least a room or two of the many available. This helps owners maintain their monthly income. Additionally, landowners can avail the opportunity of connecting with tenants from various backgrounds. This can further assist in taking decisions of which category of individuals would they prefer as tenants – working, students, etc.
- Increased Development: Co-living spaces increase opportunities for people in underdeveloped areas. How? Renting apartments becomes challenging, especially for those who manage studies and work at the same time. With co-living spaces, the daunting task of investing in several items gets eliminated. Additionally, people get to live with people from different sectors and with similar lifestyles. This can prove essential for one’s personal and professional growth.
- Opportunity to Bond: Several studies have proposed that co-living spaces make for an ideal living condition for those who are single. This is why the concept has gained much popularity in many parts of the world including Europe, the United States and China. The charm of the living atmosphere is the opportunity to meet new people and create a bond. Hence, individuals who are single or far away from their homes can take the best advantage of the concept.
- Better Lifestyle: Every individual is well acquainted with the accommodation challenges faced by working professionals and students coming in from different states. However, co-living spaces are here to remove every such obstacle. When you choose a co-living space, you welcome the chances of living a better lifestyle. With world-class facilities made available in advance, you can expand other opportunities.
Let’s sum it all
With the advancement of technology, booking a space for yourself has become even more easier. With real estate experts trying to expand this concept of accommodation, there is also an increase in easing the process. For example, many co-living spaces can be checked and booked through apps dedicated to the service. This helps individuals to remain at bay from the painful processes of finding a broker and paying them a commission.
Protech Group stands committed to bringing in better accommodation spaces for people of different tastes. We focus on the changing lifestyle and demands of people and hence, create spaces to enhance living standards. Hence, we are excited to create a variation of living opportunities for our clients. If you are looking to buy an apartment that suits your modern lifestyle, you can check our list of residential projects in Assam here https://protechgroup.in/protech-residential-project.php. Additionally, allow us the opportunity to share more details and help you find your dream home. You may connect with our experts at +91 98540-47000.