Is the shift in market trends towards conjoined homes a new demand? vrajtiara.com
The residents of Mumbai city have lived in small apartments for the longest. This was a way of living for most of them until 2005 – 2006. The reason they chose to continue living in the heart of the city was mainly to stay close to work; less commute and spending more time with the loved ones and living in the neighbourhood they grew up. The lack of space in Mumbai city and the demand for a lavish lifestyle came with the luxury projects further to the north of Mumbai and beyond. A larger home with lavish lifestyle in a new neighbourhood being a necessity. A vast number of populations migrated to these homes only to realise the distance between their homes; work and quality time towards family was being compromised in traveling.
In the 2020s, the realisation of upgrading properties to improve the lifestyle within the periphery of their old homes became a necessity. This was to ensure homes being closer to schools; offices and in close proximity to their daily conveniences being a prime factor for buying homes. This was primarily the emerging need among the families, who had their family business in south Mumbai’s commercial districts. Their need to upgrade their property without moving too far away!
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