BuildAHome, a Bangalore, India based 5-year-old real estate firm acquired 250 projects amidst the numerous disruptions occurred within the first and second pandemic wave and stood like rock-solid even amidst the Pandemic.
The firm also stated that it had observed that demand among salaried workforces (working in IT sector), operating from home experiencing the requirement of owning a personalized home to be the cause of maintaining stability in the real estate market.
Like every year this festive season firm anticipates that the real estate market to undergo a boom, with offering festive offers up to ₹ 40/- off on Premium & Luxury packages, valid until November 5th, 2021.
This was the most unprecedented time as most of the Indian real estate developers had experienced huge setbacks as an outcome to the project related delays within first, second Pandemic waves.
The firm claimed that, even during the phase of pandemic, disruptions, it accomplished to deliver 50 homes. The firm was quick to attribute this success towards technological intervention, knowledge base acquired from the initial lockdown, the second hit was manageable.
The announcements of extended work from Home for 4 – 5 years in certain firms have given general public a viable option to procure a land in a peripheral area and construct their own luxurious dream home at an affordable budget.
The firm had stated that with buildAhome, owning a luxurious home has become possible at the budget of 80 lakh – 1.5 crore. This has in fact paved way for employment prospects, not only for engineers and architects but also migrant workers. The improved demand in constructing homes post pandemic aided buildAhome, offering prospects for 180 migrant workers and a few other skilled staff for their projects.
The firm also stated out that, the 5-year-old start-up has been witnessing a major trend in eco-friendly homes in comparison to the non-eco-friendly homes. Today the young and experience architects are looking at green homes and sustainable architecture.
Public have realized the vitality of maintaining the green patch of the state which has been fading constantly, affecting the environment.
For the past 2 years, the account of real estate dealings happening online, powered to averting the major downfall. There has been active digital combination that were observed in the real estate market making it relaxed for the clients to access data and book flats or homes digitally.
For an easy access and transparency for their clients dream home projects, buildAhome announced Tech Enabled buildAhome Application. It offered an update about the project duration, agreement, house plan, payment etc. Each initiative designed by the architect is personalized, based on the obligation of the clients, comprising every detail from a structural design to a brick of their dream home.
Statement from Project Manager, buildAhome, Mr Kiran Alligidi
Project Manager, buildAhome, Mr Kiran Alligidi, commented that, “Today owning a luxury home in the remote areas has become possible for salaried employees, due to the cut down in travelling expenses to their offices and reduced home loan interest rates. Many people have started adopting the concept of “Home office” which was earlier common for only lawyers and doctors (clinics).”
Statement from Abhijith R Priyan, CEO, buildAhome
The firm’s CEO, Abhijith R Priyan, buildAHome, commented that, “buildAhome team are planning to focus the current and the next quarter on building eco-friendly homes because that is the need of the hour. We have recently opened our Jayanagar office, concentrating on South Bangalore and Tier 2 cities and our prior focus will be to encourage and construct Eco friendly houses.”
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