by Mr. Arvind Jain, Managing Director – Pride Group
The
work from home culture has been steadily gaining popularity across the globe,
and several corporates have already adopted as core offerings. According to
Forbes, 75% of professionals will be working in their pajamas by the end of 2017
instead of putting on a suit and driving off to office every day.
Companies like
Ernst & Young and Accenture already have more than two-thirds of their
employees working from their homes. This trend is steadily infiltrating the
corporate world, and offers several advantages to both employees and their
employer.
With
technology becoming a big part of modern day work processes, all one needs is a
laptop and a good internet connection to communicate, team up and drive
productivity. Employers are allowing remote working not only to make employees
more comfortable with how they work - it is also saving them a lot in
infrastructure investment. At the same time:
- Many professionals are ditching their corporate
jobs to start their own businesses
- More and more companies are looking for
consultants instead of permanent employees
- Freelancing has spread across all industries, be it technology or art. Gen X professionals enjoy the benefit of working in their own terms, and getting engaged in projects that they hold expertise in and have a passion for.
This
change in work culture has also affected the priorities of young professionals
looking for homes.
How
this new trends impact the home buying process
Obviously,
the first thing that work-at-home professionals are looking for is projects in
areas where dependable power supply and internet connections are available.
Also, one of the more important reasons that have brought about a growth in
work-from-home, consulting and freelancing is the implied flexibility and
convenience.
Consequently, it becomes important that the homes such people buy
are in close proximity to lifestyle requirements like shopping, healthcare,
education and entertainment.
The
other basic features of the properties such professionals seek include 24x7
water supply, emergency power backup and a peaceful environment that facilitates
a productive working day, every day. At the same time, such professionals are
looking for homes that aren’t too far off from the city center, yet spare them
from having to suffer traffic, pollution and the many other ill effects of
urbanization.
A
tall order? Not really.
Where
can you find such properties
City
centers of most economically vibrant Indian cities have already become saturated
a long time ago. Other than for the extremely rich, there are no housing options
in the main city areas of Mumbai, Delhi, Bangalore or Pune that meet both the
budgets and requirements of the new ‘work-from-home’ breed of Indian
professionals.
Apart from the growing population and pollution in these areas,
the existing infrastructure is always breaking down and traffic jams invariably
lead to wasted time and resources. This scenario also reduces the potential of
productivity.
The
best options in this situation are integrated townships which, due their size
and scope, are developed on the peripheries of large cities while simultaneously
offering good connectivity to the city itself. A rather newer addition to the
Indian property market, integrated townships provide their residents the perfect
combination of a productive environment, reliable utilities and easy access to
city resources.
Importantly,
these townships also bring with them the convenience of their own shopping
complexes, schools, hospitals and avenues of entertainment. Developed in serene
environments, they ensure that young work-from-home professionals can maintain
optimum productivity as well as a well-rounded and healthy family life.
The
day-to-day running of the household is unchallenging and stress-free; and when
they come along, children can grow up in healthy, active and safe.
- Integrated townships are the ideal option for
people who want to bring up their kids in a positive environment, and
simultaneously enjoy a bracing and wholesome lifestyle themselves
- Integrated townships also provide higher amount of security, a supportive neighborhood and all amenities for a vibrant lifestyle – from green open spaces to gyms to playgrounds
Even
if one is employed in a regular day job which requires office attendance,
integrated townships are the ideal solution because they are situated close to
the city centers, with excellent connectivity and easy means of transportation.
This means that one can reach one’s workplaces faster and return faster, as
well. In fact, many integrated townships have also fostered the ‘walk to work’
culture with their own high-class office complexes which attract the best of
employers.
And when the work-from-home option or choice finally materializes, a
home in integrated townships is already everything one will need to make a go of
it.
Working
from home, or planning to?
The
work-from-home trend I catching up fast in India, and is likely to become a norm
rather than an exception in the next ten years. Young professionals who are
planning to take this route or set up their own businesses from home in the
future should start identifying the ideal home options sooner rather than later.
Homes in integrated townships that are currently under construction carry
attractively lower price tags than ready-to-move apartments. If one chooses a
high-quality township by a reputed developer, the perfect choice for a home is
made. This is why integrated townships are in such high in demand today.
About
The Author:
Arvind Jain is Managing Director of The Pride Group, a world-class
property development conglomerate that is changing the cityscapes of Pune,
Mumbai and Bangalore.
Established in 1996, Pride Group has built and delivered
over 10 million sq.ft. of constructed area. Pride Group has recently launched
Pride World City, the 400-acre luxury mega-township at Charoli,
Pune.
For media contact
Jay Kalghatgi
Client Interface - Copyconnect
Mobile: 9320142248 / 7350865454
Jay Kalghatgi
Client Interface - Copyconnect
Mobile: 9320142248 / 7350865454
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