Report Code: A10556 | Pages: NA | Jul 2023 | 3117 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Ready-to-move-in Luxury Homes Market
Request Now !The ready-to-move-in luxury homes are residences purchased by residential buyers and corporate buyers. They are expensive properties and well equipped with lavish amenities such as swimming pools, gyms, gardens, club houses, tennis courts, skating rinks, game corners, and jogging tracks. Motive of purchase of ready-to-move-in luxury homes is different for residential buyers and corporate buyers. Residential buyers purchase it for personal use or as a part of investment. Whereas, motive of buying of corporate buyer is for real estate investment or for short term use by employees to stay or for having confidential business meetings. Inclination of people toward investing their money for luxury residencies stimulates growth of the ready-to-move-in luxury homes market globally.
COVID-19 Scenario Analysis:
Growth in awareness of people towardcozy, comfortable, and luxurious lifestyle is paving the way for the ready-to-move-in luxury homes market. Facilities such as modern kitchens, exquisite interior design, grand entryway, elegant fixtures, ever growing swarm of technological up gradation, game and theatre rooms, spa bathrooms, exercise rooms, a king-sized bedroom, and a suitable dressing room full of storage facilities is creating a plethora of opportunities for ready-to-move-in luxury homes and attracting residential buyers.
Moreover, location of these luxury apartment matters a lot. These accommodations also provide facilities such as hospitals, offices, and banks as they are located in or outskirts of cities. Suitability of conference rooms to be able to hold a huge capacity of staff also boosts growth of the market. High quality acoustics, no noise distortion, network connectivity, and beautiful interior decorations for a positive workplace is attracting corporate buyers. Generally, corporate buyers buy it as a part of their investment to hold company meetings or for stay of an employee. Hence, high end facilities are stimulating demand for ready-to-move-in luxury homes amongst corporate buyers.
However, costs associated with ready-to-move-in homes is very high as compared to normal residences. This is a major limiting factor in its growth. Nevertheless, rise in standards of living, increased disposable income, and growth in preference of people toward luxurious life create ample opportunities for ready-to-move-in luxury homes during the forecast period.
Key Benefits of the Report:
Questions Answered in the Ready-to-move-in Luxury Homes Market Research Report:
Ready-To-Move-In Luxury Homes Market Report Highlights
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Key Market Players | Consumers' Checkbook, Angie’s List, Groupon, Better Business Bureau, Algedra Group, Houzz Inc., The Porch Company Inc., Livspace, HomeAdvisor Inc., Al Zaher Interiors, Yelp, and Yellow Pages |
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