For many years, the fundamentals of real estate, may it be residential or commercial, have almost been the same. The most important factors affecting the value of apartments in Lahore were just the spacious layout, prime location, and affordable price range. Just meant to provide safe walls and a roof over the head real estate bring forward solutions. With the coming COVID-19 pandemic, the real estate sector has faced more disruptions than we can imagine. As more and more companies have now been adapting the work from home policy, people are now turning towards homes that have big spaces. This should be at one of the prime locations of the city. If you are making up your mind to invest in luxury apartments in Lahore, don’t forget about these trends:
1. WorkSpaces at Homes
While looking for a home, buyers these days usually look for a spacious home. Which is think of as a dedicated workspace that compliments the trending work from home policy. According to some experts, up to 80% of buyers and 90% of investors would like to have houses that are designed to accommodate the setup for work from home. Although the commercial office spaces will not lose their demand anytime soon. The houses that already possess the setup for work from home are going to stay until the COVID-19 pandemic loses its grip over the world.
2. Owned Offices
Some businesses have a requirement to operate out of an office. That is why the health issues and concerns due to the pandemic have led to a sudden increase in the demand for a separate office space. Earlier, there used to be a co-working environment. However, these days, employers and employees both seek a separate commercial working space to work from. Before the pandemic, offices just focused on productivity and winning the race of talent. Many major companies used to battle over the prime office spaces in the main urban centres of the city. Companies would find solutions through collaboration. Open office designs, co-working, and densification were the main focus. Offices these days have to abide by the strict laws of social distancing. Therefore, it is preferred to have a separate office space for both employers and the employees.
3. Keeping Offices Close to Homes
As most of the people are now thinking again over their lifestyle and work selections after the pandemic struck, many entrepreneurs are now moving their offices as close to their homes as possible. Commuting to work in the current situation can increase the risk of getting infected by the virus. Especially if you have to use public transport. Investing in an apartment which is near the commercial area can prove to be very useful these days. Union Complex seems to be the best choice if you are looking to invest in luxury apartments in Lahore that are at the prime location of Lahore City.
4. Effectiveness of Mixed-Use Property
A closed community is one of the answers to living in this pandemic. It limits the links with outsiders and outside communities thus reducing the risk of the spread of diseases. But it may be very difficult to find a community that is near the bustling city centre. Living at a prime location in the city and having a spacious apartment, however, can solve this problem. Union Complex is located at Ferozepur Road which is one of the most prime locations of Lahore. Commuting to the commercial area becomes easy as Union Complex is only a few minutes of drive away from Kalma Chowk. You will also be able to have spacious luxury apartments in Lahore, which allows you to set up a workspace for work from home, while also enjoying all the benefits that Union Complex has to offer.
5. Safe Spaces for Social Interactions
Whether a property is being used for living only or for both work and living, properties must provide its user with open public spaces that are safe. Alongwith community gathering spots, parks, and playgrounds for children. Because of the pandemic, people have been forced to remain confined to their homes for a long period. As new cities are being developed under the lockdown, people are now craving social interactions and gatherings in safe and open spaces. Communities should now have large green open areas where people can gather while maintaining social distancing. Union Complex offers its residents a number of safe open spaces to interact and conduct events while ensuring the social distancing protocols. It also provides a play area for children where they can spend their energy, learn, and grow both mentally and physically.
6. Technology becoming Modern-day Necessity
Good telecommunication connectivity, easily accessible internet services, and effective cloud computing has been a need for consumers even before the pandemic. However, it has never been this important. Nowadays, having access to these services can help convert any living space to a workspace. Employees now have to work from home and meet all the deadlines while completing their work responsibilities. Which makes all this modern-day technology now compulsory for any apartment or home. People have been actively and effectively adopting technology such as video conferencing and other forms of digital communication.
This world is slowly adapting to the new lifestyle that was developed with the coming of the pandemic. Because of that, the real estate industry is being reimagined with a lot of effective changes. This can help us keep the communities and their residents safe from this COVID-19 pandemic. As the new work from home policy is being implemented, apartments in Lahore are now being redesigned to offer built-in workspaces. Architects plan communities with open spaces for gatherings. Homes tend to be near the commercial area so that the commuting time can be reduced as much as possible. Living in the post-pandemic world can be a lot easier if you make a smart choice when investing in the luxurious apartments in Lahore.