When the stimulating economy in India has instilled a sense of poise and assertiveness in the HNIs, the demand for luxury housing has not only increased to a significant extent, but has almost gained a momentum. With the demand for luxury projects crossing the bar, real estate in India has actually experienced a new drift. Especially, with the central and state Govt announcing an array of lucrative policies, opting for luxury houses has just become a new fad among the investors.
Who wants to be confined just within four walls and a parking slot? Matchless living style is something everyone craves for and with the builders trying hard to match the targets of the home buyers, the craze for luxury segment has started increasing beyond leaps and bound. Considered as one of the most pulsating and vivacious real estate divisions in India, luxury housing has emerged as the most promising field to invest in. The rising demand for the same has initiated the HNIs to directly take part in the global economy.
Also, the middle-income group individuals have also been propelled towards the sector and luxury housing in India has experienced a new growth. The enhanced business confidence in the country has led the NRIs harbour a sound interest in luxury housing segment and the recent fall in the worth of Indian currency has boosted up the cost yet more. Compared to the graph in last few years, an escalating number of builders have been seen to switch to a premium segment as well as luxury projects.
The common amenities that every home buyer looks for in every residential project include landscape garden, amphitheatre, swimming pool, gymnasium, constant security, parks, playing area for kids, solar generators etc. and the luxury housing projects are best known for being equipped with all of these exclusive features that would give the buyers the best value for their money.
The essential facets to define luxury projects are as follows-
Also, people in search of good investment opportunities can always expect high returns from the luxury segment. Nevertheless, according to the experts in this domain, the home buyers should always be well-acquainted with everything that’s offered in the luxury project they are going to put money in. Moreover, being misled by certain amenities and facilities is the common mistake a greater percentage of home buyers happen to get through every now and then. Thus, one should always probe into every pledge made by the builder and make sure he/she is not deceived by any means.Check Offers by Fourrwalls.com on RERA registered Luxury Projects with NO GST offer