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Realty firm Hiranandani Developers co-founders and brothers Niranjan Hiranandani and Surendra Hiranandani have divided some of the joint real estate projects in Mumbai Metropolitan Region (MMR), sources said.
Mumbai (Maharashtra) [India], May 12 (ANI/BusinessWire India): As the Covid-19 pandemic led to a nationwide lockdown, the demand for residential homes began to resurface on grounds of safety and stability. Soon, home buyers were looking for spacious homes with extra rooms, balconies, and outdoor areas.
The demand for such spacious homes grew especially in urban centres like Mumbai, Navi Mumbai, Chennai, Bangalore due to a lack of personal space to escape or relax. A recent media report found that over 90 percent of prospective homebuyers surveyed aspire to own a home with a deck, balconies, or porch included.
Media reports also found that the working populace faces an increased risk of burnout due to lack of separation between work and personal life as well as concerns of contracting Covid-19. A change of scenery and access to oxygen becomes vital to improve health quotient.