Concept Home is now a days getting more attention from investors & end users. What is the meaning of Concept home?

Q: Now a days home buyers are getting attracted towards Concept home. But do we all know the advantages & disadvantages of Concept home?

Jeet Bhaskar, Delhi

28th November 2014

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Replies (1)

Hi jeet,
As per my knowledge, Concept Homes can vary either slightly or significantly from traditional homes. These homes are not restricted to only apartments as one can have independent villas too. It all depends on the concept of the project. Now a days end users are getting more attracted towards concept homes.

Raj Roy, Delhi

28th November 2014

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Hi Mr Jeet Bhaskar,

As per my knowledge, Concept Homes are built to meet the needs of property seekers. There are various types of Concept Homes prevailing in the Indian market such as Child Centric Homes, Golf Homes, Senior Citizen Homes, Ski Homes etc. Now a days concept home is available in Pune, Bangalore, Cochin & Jaipur etc.

Praveen P, Delhi

28th November 2014

Hi Mr Jeet,

According to me, all these homes offer customized solutions to different set of user needs. Like Child Centric Homes are focused on the development, safety and fun needs of children and convenience of parents. People, who want to give their children the best opportunities, will find this concept very attractive.

Nikhil Agarwal, Delhi

28th November 2014

Hi Mr Bhaskar,
According to me, Concept Homes are also likely to command a premium over traditional homes, depending upon the concept. There is considerable potential for these customized housing solutions across markets in India. However, the amount of premium is determined by the facilities and amenities included in the Concept Home.

Pranab Malakar, Delhi

28th November 2014

@ Jeet,

There are higher construction costs for additional amenities and services provided by developers in the projects depending on the concept. This varies for Senior Citizen Homes to Golf Homes to Child Centric Homes and others. Similar to the regular/traditional homes, Concept Home buyers can easily renovate the interiors of their house, whenever required.

Kalki K,

28th November 2014

Hi Jeet,

Smart Homes, with home automation are also sometimes seen as Concept Homes. Generally, Smart Homes imply the use of innovative technology within a house. Home automation, light sensors and hi-tech security, remotely observe and control and others are some of the key features. Whereas, Concept Homes follow a particular theme and are centered around it. There are many types of Concept Homes.

lekshmi.sanjeev@ymail.com, Delhi

29th November 2014