In an interview, Gaurav Kansal of KBP Group shares his views on the key factors driving the demand for affordable housing projects in the current market scenario, and talks about the concept of Tricity Homes, Smart Homes, and Willow Homes.
In an exclusive interview, Gaurav Kansal, Director, KBP Group, shares his views on the key factors driving the demand for affordable housing projects in the current market scenario, and talks about the concept of Tricity Homes, Smart Homes, and Willow Homes. Excerpts:
What are the latest trends in the real estate market, particularly in the affordable housing segment?
The newest trend in the real estate market, especially in the affordable housing sector, is a shift towards giving quality and good-looking spaces at reduced costs to the people. Developers are becoming aware of the increasing demand for low-cost housing options that have the latest facilities and amenities without losing on the level of comfort and convenience.
What are the key factors driving the demand for affordable housing projects in the current market scenario?
There are many factors that are responsible for the increasing demand for affordable housing projects in the present market scenario. Primarily, the increasing living cost and the stagnant income levels have posed a great challenge to many potential homebuyers in affording the top-tier housing options. Besides, the government has also contributed to the make-up of the demand for the affordable housing units by its initiatives such as Pradhan Mantri Awas Yojana (PMAY) and tax incentives. Furthermore, the population shift from the countryside to the cities to find more jobs has resulted in the need for cheap housing solutions in the cities.
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How do Tricity Homes, Smart Homes, and Willow Homes cater to the needs of homebuyers?
TriCity Homes, Smart Homes, and Willow Homes are the houses that fit the requirements of homebuyers who are looking for affordable yet luxurious living spaces by providing well-designed and thoughtfully-planned housing units. These projects are characterized by the integration of the latest technologies, the optimal use of space, and the quitting of the quality of the construction materials, thereby, allowing the residents to enjoy a comfortable and convenient life without spending a fortune.
Can you elaborate on the architectural designs and features that make these housing projects stand out in terms of contemporary living standards?
The architectural designs of Tricity Homes, Smart Homes, and Willow Homes are defined by the modern aesthetics and the functional layouts. These systems consist of open plans, natural lighting, and space optimization to bring a feeling of spaciousness and modernity. Besides, they include features like energy-efficient devices, systems of home automation that are smart, and building practices that are sustainable, which are the needs of the new homebuyers who want to modernize their living standards.
How do the amenities and facilities provided in Tricity Homes, Smart Homes, and Willow Homes compare with those offered in higher-priced housing options?
Affordable housing models such as Tricity Homes, Smart Homes, and Willow Homes are characterized by the provision of a decent number of amenities and facilities that can rival higher-priced houses. These kinds of projects mostly involve the installation of recreational facilities, including the basketball court, volleyball court, clubhouse, barbeque stations, in addition to the devotion of the essential amenities like 24*7 security, power backups and well-defined common areas. These amenities contribute to a comfortable and convenient lifestyle for residents.
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What are the unique selling points that set these homes apart from other affordable housing options in the market?
The unique selling points that set Tricity Homes, Smart Homes, and Willow Homes apart from other affordable housing options in the market include their strategic locations which offer easy access to major transportation hubs, commercial centers, and educational institutions. Moreover, projects like KBP Smart City are based on the principle of only high-quality construction materials and sustainable practices while exploiting the endurance and environmental nature of the built environment. Additionally, construction companies associated with such projects have built up the reputation and have proved themselves successful. This makes them reliable partners.