WHY MILLENNIALS WILL NOT SETTLE FOR ORDINARY HOMES IN MUMBAI

 

Owning a home is a dream almost everyone has deep down. Most millennials with a stable financial back up prefer to own a home at an early stage rather than waiting for later years. Also, in comparison to the older generations, they have easy access to loan facilities, builder information, and less government formalities which makes it a cakewalk for them to buy Apartments on S.V Road whenever they want.

But here is the catch; it is not so easy for these people such as builders, bankers and government to convince millennials to buy any home. They have so many criterions. Let us see a little more detailed analysis of why we say that millennials do not want to settle for an ordinary home. 

1. Love for Affordable Luxury

Millennials always want their thoughts and lifestyle to be reflected in their homes as they believe in the urbanized concept of living. But at the same time, they are extremely smart and make sure they compare the prices, amenities and builder credibility before making the decision. 

No doubt, millennials get attracted to sale ads such as 2 BHK Flat for Sale in Borivali East or 1 BHK Flat In Borivali East For Sale but they will ensure to check all the nitty-gritty before taking the plunge. They would want affordable luxury and just ample living space.

Chandak Group offers some of the best apartments at an affordable price that can easily match the dream of a millennial. 

2. Living Spaces Enabled With Technology

 

Technology and Millennials are inseparable. They have this constant urge to always remain connected. Well the world has become smart too, from smart phones to smart watches and now smart homes. While choosing Apartments on S.V Road they would expect it to be fully wired with all the modern-day amenities. 

Millennials would also prefer a location that has good mobile coverage and has multiple internet providers to choose from. CCTV cameras, power backup along with gym are some other basic facilities that attract the millennial crowd.

3. Personalized Homes

Everyone wants a home of their dreams with the best amenities, design and features. This is especially true for the millennials who have numerous customization ideas for their homes. Very few builders give you the chance to customize your home. 

When you see an advertisement of a2 BHK Flat for Sale in Borivali East, your first thought might be is it as per your liking, taste or design? If yes, then you should check out Chandak Group project such as Chandak Next which offers Apartments on S.V Road with the choicest customizations as per your need. This feature has helped Chandak Next become the most sought after Apartments on S.V Road. 

4. Modern Infrastructure

Infrastructure is very important. It gives your home a rich and classy look. You may have well bought a 1 BHK Flat In Borivali East For Sale but you can still make it look wow with the right kind of interiors, furnishing etc. Now that is the millennial style. They like to keep it natural and sassy at the same time. 

While the doors and windows allow natural lights, the technology-enabled infrastructure adds to the charm of the house. Add to it the builder provided amenities and your dream home is ready.

Chandak Group is one of the few builders who make sure to provide all the modern-day infrastructure and amenities in almost all their projects irrespective of the size. 

5. Asset

It is no doubt that your property is an asset. Millennials will do a thorough market study and the ROI trends before buying any Apartments on S.V Road. They don’t hesitate to spend an extra amount if they see a proportional return. The real estate market in the commercial city of Mumbai is always a premium investment with higher returns. This is what attracts the millennials.

Millennials make up the biggest chunk of homebuyers in a city like Mumbai. So, the Real Estate Industry is also trying their best to satisfy their needs. At the same time, millennials are also studying and understanding the market situation to help them invest better. With a lot of options available for housing, millennials are spoilt with choices.

Apart from the ones mentioned above, there are also many other factors such as the ambiance, safety, architecture, and the rate of interest that millennials consider while buying a 3 bhk flat in Goregaon West. With most builders trying their best to meet these demands it is clear that the millennials have definitely and positively created more competition in this industry.