In recent years, there has been a growing trend among homebuyers to prefer larger homes with gardens and expansive living areas, inspired by Indian opulence. This resurgence in popularity can be attributed to various factors, including the psychological benefits of spacious living, a renewed appreciation for traditional architectural styles, and the practical advantages these homes offer.

The Appeal of Spacious Living

One of the primary reasons for the comeback of old-style living is the mental and physical benefits associated with spacious homes. Studies have shown that larger living spaces can significantly improve mental health by reducing stress and promoting relaxation. According to research published in the Journal of Environmental Psychology, access to larger, open spaces contributes to lower levels of stress and anxiety, as well as increased overall well-being.

Spacious homes often include features like large windows, high ceilings, and extensive gardens, which allow for better ventilation and more natural light. These elements have been linked to improved mood and cognitive function, as noted in various environmental health studies. Data suggests 45% of homebuyers are willing to pay a premium for homes with features that promote health and well-being.

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Architectural Significance

Traditional homes are often celebrated for their architectural beauty and historical significance. These homes typically feature intricate designs, sturdy construction, and unique elements that are rarely found in modern housing. The revival of interest in such properties can be partly attributed to a growing appreciation for cultural heritage and historical architecture.

For instance, homes built in the colonial style often include spacious layouts, grand entrances, and detailed craftsmanship that appeal to modern buyers looking for character and charm in their living spaces. This historical allure adds not only aesthetic value but also a sense of timelessness and continuity with the past.

Functional Benefits

In the modern world, many aspects of daily life have been reshaped, including how people use and value their homes. With more individuals working from home and spending increased amounts of time indoors, the demand for larger living spaces has surged. Homes with ample room for home offices, recreational areas, and private retreats are now highly sought after.

Moreover, properties with gardens and outdoor spaces have become especially desirable. These areas provide a safe and private environment for relaxation, exercise, and socializing, which has become increasingly important in the context of social distancing and health precautions.

The Role of Sustainability and Technology

Sustainability and modern technology are also playing significant roles in the revival of old-style living. Many traditional homes are being retrofitted with modern amenities and sustainable technologies, making them more energy-efficient and environmentally friendly. Green building practices, such as the use of sustainable materials and energy-efficient designs, are being integrated into these homes to enhance their long-term viability and appeal.

Data-Driven Insights

Market analyses indicate a strong growth trajectory for the residential real estate sector, with a significant focus on larger and more luxurious properties. Reports from industry experts like CBRE and KPMG highlight a projected increase in demand for spacious homes, driven by changing buyer preferences and economic factors. For instance, CBRE’s 2024 market outlook predicts robust end-user demand for larger living spaces, particularly in urban and suburban areas.

The resurgence of old-style living is not just a nostalgic trend but a response to contemporary needs and preferences. By combining the historical charm and spaciousness of traditional homes with modern sustainability and technology, the real estate market is catering to a growing demographic of homebuyers seeking a balanced and enriched living experience.

(By Amar Sarin, MD & CEO of TARC Ltd)

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