The Inside & Outside of Luxury Homes in India:
Till some time back a premium address and a spacious house in an upscale locality was enough to impress most home buyers. Not anymore. Luxury homes fitted with every possible convenience and a lifestyle fit for royalty are the new dream abodes.
Luxury pads are available as apartments, penthouses, suburban villas and bungalows and can even come with lifestyle themes like Golf courses, Green expanses, Water sports, etc.
Sophisticated Interiors:
From central air conditioning to home theatres and modular kitchens, no expense is spared in getting the latest hi-tech home technology. Home interiors come equipped with digital locks, electronic surveillance systems, temperature controls, wireless communication and in-house entertainment.Amazing Outdoors:
In case you thought that it is sophisticated interiors that make a luxury home, then there is a lot more. Luxury homes are slos offering swanky outdoor amenities on par with holiday resorts. From swimming pools to gyms, basketball and tennis courts to theme gardens lined with sculpted landscapes and un proof leisure areas, all are present.Cost Factor:
From designer interiors to hi-tech gadgets, when it comes to luxury properties, no facility is farfetched. Luxury projects usually have a starting price tag of Rs 1 crore and can go up substantially depending on the kind of amenities, facilities and add-ons a home buyer opts for.According to real estate developers, luxury homes are priced higher due to multiple reasons, which vary from location to quality construction to pre-fitted equipment. Also, there is a convenience cost attached to these properties as a buyer gets a home which is ready to move in.
Reasons to invest in luxury homes:
- Since a luxury property brings a combination of style and comfort, it is pre-equipped with high-quality material, right from construction material to fixtures and fittings.
- Owing to the higher ticket size, luxury property market is largely driven by High Net-worth Individuals (HNIs), Non Resident Indians (NRIs) and professionals who are relatively less-impacted by economic slowdown.