Social changes, like a steadily increasing expat community and shifts in lifestyle choices, will significantly influence real estate demand this year. Some notable social changes are —
- Rise in Remote Work: The gradual shift toward remote work will see a steady demand for larger homes with dedicated spaces for setting up a home office. Villas and sprawling apartments with flexible living spaces will attract investors, specifically in suburban communities.
- Sustainability Focus: Demand for eco-friendly developments will grab a major share of the market as more people look for projects highlighting sustainable living. Properties focusing on energy-efficient designs, ‘green’ technologies, and sustainable infrastructure will dominate the market and command premium prices.