The real estate economy has seen a hike in housing demands throughout the world with an increase in population and living standards. Now, these demands are swarming in from the luxury sector as well.
With more people finding the financial acumen to raise the bar for their dream home, developers have also started selling more luxury homes. But, one must be wary and attentive as to what is required in a luxury home. Follow these steps to prepare a checklist for a luxury home buy.
One of the key aspects of a luxury home, is the view the windows give you. It could be a perfectly fine house from a reputed builder, but don’t compromise any facets that qualify the house to be a luxury asset. What you can see from your house is important. If the house overlooks busy city streets, a slum, or graveyard, and even if the house has a lavish jacuzzi, think twice about buying that property.
Usually, when quantity increases, quality takes a dip. With the number of luxury home developers in the market today, it is necessary that you get only the topmost quality for the amount you are paying. Starting from the construction materials, the high quality should resonate in the earthquake resistance, modular kitchens, vitrified tilings, etc.
While you don’t really need hard grill fixtures all around your house for heightened security measures, you should look for foolproof surveillance and safety personnel’s for your complex.
Make sure that the premium residential projects offer state-of-the-art features like Wi-Fi, multiple parking, fully equipped kitchens, 24-hour security, gymnasiums, and landscaped gardens. It is quite evident to the luxury home developers that when someone is paying so much for a house, the money accounts for all the peripherals and interiors as well.
Another important aspect while choosing a luxury home is the location. You may find many residential projects that have serene locations and ease of access, but they might not be true-blue luxuries.
Tips
Warnings
Is Delhi-NCR real estate moving sluggish
If the recent trends in real estate market in Delhi are to be believed, there is a significant dip in the units sold in the capital and NCR in the last 18 months. The sluggish trend has been whistled by lack of incentives from the administration which is focussing on clearing infrastructure road blocks rather than giving green signal to new projects. With paper works in the backlog, new projects in Delhi are at pause, at least for the rest of the year 2015.
Tips for new residents in Panvel to understand their locale better
Panvel has seen a major transformation from a sleepy suburb to a satellite town and finally to a full-fledged city. The growing population willing to reside in the Mumbai MMR region, the shortage of adequate real estate destinations in Mumbai region has made investors and buyers look at Panvel as their best option. Panvel was famous from its lush green surroundings and farm houses. With changing times and inflow of population there are abundant new projects available in Panvel for investors and buyers alike.
Looking for a green living space in Zirkapur Here are options
Zirakpur located near Chandigarh and part of the tri city comprising of Chandigarh, and Mohali is one of the most popular real estate destinations. While Mohali and Chandigarh investors have had the luxury of investing in properties located closer to nature with lush green belts and parks, Zirakpur residents often faced concrete jungles.
