''Real Estate trends are not about money alone. They are an indication of our progress as a human race''- Anonymous
Yes, real estate trends are an easy-to-believe prophecy about our collective future as an individual, a society, and a community that thrives on shared experiences. These shared experiences have many forms like trade and commerce, sports, entertainment, and lots more.
The current real estate trends indicate an industry that is overwhelmingly smart and increasingly self-sustaining. Here is a list of the top 5 real estate trends to look out for in 2020.
1. Intelligent Infrastructure
Gone are the days when infrastructure was a synonym for static spaces created using fixed patterns of bricked walls. Today, infrastructure design must meet the multi-dimensional needs of the tenants and act as a catalyst for productivity. For instance, industrial real estate in 2020 will be dominated by intelligently designed infrastructure that unwaveringly serves every modern business need.
2. Sustainable Design
Sustainability is another factor that is on top of the real estate priority list. As per the United Nations, the world’s energy and water needs will grow by nearly 50% over the next few decades.
As such, more and more buyers of industrial, commercial, and residential real estate will be attracted towards real estate that offers sustainable energy and water solutions. There will be accelerated demand for real estate that is eco-friendly and is equipped with renewable energy and waste-management technology.
3. Closer To The Action
Only green initiatives are not the only trend driving commercial and residential real estate. Location excellence is another trend that would continue to drive real estate demand in 2020 as well. Particularly, for industrial real estate where faster delivery of products/services is always viewed as a clear competitive advantage, connectivity will be a highly desired x-factor among buyers and investors.
On the other hand for residential and commercial real estate, buyers will prefer locations with proximity to the airport, shopping centers, and other key city centers.
4. Flexible Industrial Real Estate
Although rare in traditional real estate, flexibility is a must in modern industrial real estate. Today, SMEs, startups, and entrepreneurs prefer a lean business model where it is easier to run a business efficiently without overspending on resources. A flexible industrial real estate offers business owners the ability to scale up or scale down as per business needs. And 2020 could be the year when this demand for flexible industrial real estate reaches peak levels.
5. Easy To Reposition
Last but not least, with the global economy in the middle of a forced slowdown, easy-repositioning could be the top real estate trend in 2020. In 2019, there was a clear sign of a seismic shift in consumer demands for smart solutions over luxury.
Today, buyers are looking for real estate that is sustainable and easy to reposition. Hence, whether industrial, commercial, or residential real estate, buyers are looking for options that are affordable and perform well during downturns.
Are you too looking for an industrial real estate that is a perfect ensemble of smart design, modern technology, and sustainability?
Our Solitaire Industrial Park is designed to offer you all this and much more. Located on the NH-8, the industrial park is at the heart of the DMIC (Delhi Mumbai Industrial Corridor) and DFC (Dedicated Freight Corridor). It is an opportunity for business owners to achieve new levels of business growth and productivity. State-of-the-art architecture and eco-friendly design make business easy and efficient. Please visit the link to know more.