How will situation in real estate market change, and which apartments will fall in price

With the arrival of a pandemic, as well as in all sectors, the trends in the field of real estate have changed significantly. The changes affected everything – ranging from the needs of the client to the proposal of the developer. There were new landmarks when buying people housing. Already no one wants to live in apartments. Customers are ready to overpay for more spacious and comfortable living space.

Over the past few years, the trend of the recession of secondary housing and the rise in prices in new buildings has been obviously obvious. Now this trend is only intensified: in the conditions of Lokudaun, spending a certain time in a limited space of the apartment, people realized how important it is to have comfort in their own housing.

If earlier the cost of only old houses fell, then the price of new buildings will decrease in the near future, the developers of which are offered apartments of apartment boxes. And this is obvious, because with a decrease in demand inexorably goes down and the price.

the positive in the real estate market in Azerbaijan will apparently, the fact that, despite the rise in prices, new buildings with the most developed infrastructure will become more active, a large housing area, where residents will be able to satisfy all their needs without moving away from their apartments inside housing complex.

Unfortunately, as my many years of experience shows, most of the local developers are very slowly reacting to changes in trends. Now, perhaps, only one – foreign company ARAL GROUP is fully responsible for new requirements. It is important here very correctly and easily note the fact that the company is one of the few in Azerbaijan, which can quickly adapt under world trends.

more than 10 years ago, when many market players were afraid to go with a proposal of a closed residential complex, Aral Group became one of the first with the project of a closed Roseville Residence complex.

And now, when consumer values ​​have already changed, Aral Group makes a new step, representing the Greenville Residence project, which fully complies with the current trends.