Someone rightly said, “It’s not about the money, it’s about the lifestyle”. Exactly why people like to invest in luxury apartments. No matter when and irrespective of market variables, there are people who like to buy a luxury property for investing or dwelling in. This results in an undying demand for luxury homes in India.
Nowadays, people also have higher disposable incomes, which has led to improved living standards. A conventional home cannot sustain the needs of prosperous entrepreneurs, high-flying corporate executives, professionals and heirs of wealthy families. They need more than four walls and a parking slot. The definition of comfort for them is a home equivalent to or better than a five-star hotel having the luxury of a dreamland. However, this isn’t the only reason why people must be interested in buying a luxury property. Rightly said, “Home is not a place, it’s a feeling.” There are many reasons why Indians like to buy luxury apartments rather than the conventional ones. Some of them are given below:
First and the foremost reason is the idea of heavenly comfort with the help of latest technology. A luxury apartment comes with all the modern comforts that make it ideal for raising a happy family. They have everything from themed architecture to swimming polls, trimmed gardens, gyms, entertainment and shopping centres, meditation centres and sprawling lawns. Even the security is taken care of with the help of technology. There are various security facilities like CCTV cameras, electronic gates, fingerprint scanners, electronic safes, etc. All this together will enhance your experience, while providing you with the comfort you require to sustain a happy and stress-free lifestyle.
As a Status Symbol
Buying a luxury property in India is a matter of prestige. The luxury home buyers pool together their happiness, pride and hard-earned money for buying the property. For most of them, it is like a dream come true. They announce their arrival by hosting housewarming parties for introducing their new address and upgraded lifestyle to their family and friends.
Careful Vigilance and Tight Security
It is one of the most important features of luxury homes. They have the got best security, regarding to trained security personnel and security installations that promise safety and surety. In case of any accident or medical emergencies, there is a team of people who take care of it immediately. The response is triggered by technology. Such properties are also placed at strategic locations, which are close to hospitals and fire stations. Living in a luxury house means that you and your family would be at a safe and secure place.
Nobody can deny the fact that neighbours don’t matter. Rather they are the ones who’ll make or break your experience of living at a location. Nobody wants noisy and manipulative neighbours, who are a headache. When anybody buys a luxury home, they expect a certain degree of culture, education and beliefs, which make it an ideal environment for their family. It is lovely to see your kids grow up with right kind of influence.
Over this, associations of luxury apartments also organise cultural fests during festivals. It is a great way to celebrate moments of happiness with the neighbours and loved ones.
Value of Investment
Value of property in India has shot up in the last few years. The market value of real estate is unwilling to get down. Many people who invested in real estate long time back have got good returns. Especially in metropolitan cities like Delhi, Mumbai and Bengaluru, the cost of a buying a house is very high. The boost is unlikely to slow down. Investing in the property would make it a ‘performing asset’, which means that it’ll keep gaining value while serving a practical purpose. Luxury homes will bring a lot more to your table. They will always be in demand. High Net Worth Individuals often look forward to investing their money in a good opportunity and they correctly see luxury apartments as a great investment opportunity as it guarantees multiplied returns at any given point of time in future.
We hope that by now, you would have got a fair idea about the benefits of investing in a luxury home. When you buy a luxury home in India, do take care of the things mentioned above. You will surely not regret investing in high-end property.