Rising Demand for Larger Homes Post-COVID: Insights from Girish Goenka, Piramal Realty
Girish Goenka, CFO at Piramal Realty, discusses the growing trend towards larger homes and the company's focus on luxury gated communities with essential amenities.
Real EstateLuxury HomesPiramal RealtyPostcovid DemandGated CommunitiesReal EstateOct 16, 2024
Piramal Realty, known for its luxury gated communities, prioritizes a comprehensive experience that includes essential facilities and amenities. According to Goenka, the company's design philosophy revolves around three key factors efficiency, functionality, and fulfilling customer needs.
Post-COVID, the demand for larger homes has surged, a trend that is expected to continue. This change in consumer behavior reflects a growing preference for more spacious living environments, which can accommodate both work and leisure activities. Goenka emphasized that this trend is a crucial consideration in the company's future designs.
Piramal Realty is committed to creating spaces that cater to the evolving needs of its customers. The company's gated communities are designed to offer a luxurious and convenient living experience, with a focus on safety, comfort, and community. Essential amenities such as schools, hospitals, parks, and recreational facilities are integral to these developments, ensuring that residents have access to everything they need within a secure environment.
The company's approach to design is holistic, ensuring that each element of the home and community contributes to a high-quality living experience. Efficiency is a top priority, with a focus on optimizing space and resources to create functional and aesthetically pleasing environments. Functionality is also critical, as homes are designed to meet the practical needs of modern families, including remote workspaces and multi-purpose rooms.
Goenka noted that the company's commitment to customer needs is evident in its flexible design options, allowing buyers to customize their homes to suit their specific requirements. This personalized approach helps to create a strong sense of ownership and satisfaction among residents.
In conclusion, the post-COVID real estate market is witnessing a significant shift towards larger, more spacious homes. Piramal Realty is at the forefront of this trend, leveraging its expertise in luxury gated communities to meet the evolving needs of its customers. By prioritizing efficiency, functionality, and customer needs, the company is well-positioned to continue delivering exceptional living experiences in the years to come.
Frequently Asked Questions
What is the main focus of Piramal Realty's gated communities?
Piramal Realty's gated communities focus on providing a comprehensive luxury experience, including essential facilities and amenities, to create a high-quality living environment.
How has the demand for larger homes changed post-COVID?
The demand for larger homes has significantly increased post-COVID, reflecting a growing preference for more spacious living environments that can accommodate both work and leisure activities.
What are the three key factors Piramal Realty prioritizes in designing spaces?
Piramal Realty prioritizes efficiency, functionality, and fulfilling customer needs in designing spaces for its gated communities.
What amenities are typically included in Piramal Realty's gated communities?
Piramal Realty's gated communities typically include essential amenities such as schools, hospitals, parks, and recreational facilities to ensure residents have access to everything they need within a secure environment.
How does Piramal Realty cater to the evolving needs of its customers?
Piramal Realty caters to the evolving needs of its customers by offering flexible design options and customization, allowing buyers to personalize their homes to suit their specific requirements.
Related News Articles
India's Luxury Housing Market: A Tale of Two Cities
Bengaluru's luxury housing sales dip despite overall real estate boom, while Mumbai and Pune drive growth
Defence, Power, and Renewable Stocks to Thrive in 2025: Antique's Insights
Antique, a leading financial brokerage, believes that the defence, power, and renewable energy sectors will perform exceptionally well in 2025. With a March 2026 Nifty 50 target of 26,500, Antique has identified key players and trends that are expected to
57 Housing Projects Face Deregistration in Maharashtra: 25 from MMR
As many as 57 housing projects in Maharashtra are set to be deregistered by the Maharashtra Real Estate Regulatory Authority (MahaRERA). A significant portion of these projects, 25 in total, are located in the Mumbai Metropolitan Region (MMR).
Property Box Transforms the Real Estate Landscape with Suma Kanakala as Brand Ambassador
The Property Box Podcast, hosted by Suma Kanakala, is set to provide valuable insights into the real estate market in Telugu, making it easier for listeners to understand and navigate the industry.
Union Budget 2025-26: Real Estate Firms Rejoice Over Tax Relief Plan
The Union Budget 2025-26 has brought a ray of hope for the real estate sector with the announcement of significant tax relief measures. The new provisions are expected to boost the industry and attract more investments.
Tier-2 and Tier-3 Cities See Surge in High-End Real Estate Acquisitions
In 2024, real estate developers in Tier-2 and Tier-3 cities acquired 44 percent of 3,294 acres, marking a significant shift towards luxury and ultra-luxury property segments. This trend highlights changing buyer preferences and the growing appeal of these