Skip to main content

Luxury Housing Trends in India

Luxury Properties

Luxury housing in India has witnessed significant prominence and appreciation, making it one of the most dynamic segments of the real estate sector. The modern aesthetics of real estate infrastructure and the technology-driven lifestyle have transformed the way we live in India. Today, these modern homes are considered as a lifestyle statement, reflecting an individual’s aspiration and social status. A rapid rise in the number of high net-worth individuals (HNIs), increased aspirations, transforming lifestyle and investment interest from Diaspora are the major factors pushing the demand for luxury housing.
The globetrotter population of India is constantly rising and since they are well exposed to the international standards of living, they look for such amenities and lifestyle in their dream homes as well. According to a Global Wealth Report, since 2000, wealth in India has grown 9.2% per annum, faster than the global average of 6% and this is quite a favorable sign for different sectors such as real estate, auto sector, tourism, etc. Therefore, owing to the increased purchasing power and growing unending desires, many Indian home buyers are also catching up with the pace to buy elite homes. The large chunk of NRI investment in Indian real estate comes into the luxury segment, making them the biggest driver for the growth of this sector.
Catering to the growing demand for luxury homes, developers focus on creating unique living spaces. They are coming up with the various formats of technology-enabled homes, apartments, penthouses, luxury villas, bungalows, ultra-luxury houses etc. Looking at the absorption rates of luxury housing over the last three years, the sector shows the signs of definite growth in the coming years.

Below are a few trends which will continue to redefine the luxury housing in India:

Branded Luxury Real Homes: Branded homes are launched under the banner of international luxury hospitality or lifestyle brands and cater to the exclusive niche category of buyers. Luxury apartments offer a unique lifestyle of global standards with hospitality services from the finest brands. This trend is fast growing in cities like Delhi-NCR, Mumbai, Pune, etc.

Themed Villas: Themed housing has gained a lot of attention amongst homebuyers. To cater to such evolving tastes and aspiring demands of the buyers, developers are launching exotic and exquisite theme-based projects.

Smart Homes: Owing to the constant technological advancements, the concept of smart homes has become increasingly popular and has tremendous potential to grow in the future. With the hi-tech technology-enabled systems, it provides the convenience and comfort in the day to day life of home-owners. It intends to incorporate comfort, entertainment, mobility, and security, providing occupants with connected solutions all the time.

Luxury Homes Within The Reach: It is a niche market, gaining a lot of attention from the home-buyers of the middle-income group. This home consists of major amenities and features of premium property and is affordable to a larger segment of the population. The growth of the Indian economy clubbed with the aspiring lifestyle of people living in the metros drives the demand of this segment. It lets the middle income group fulfill their aspirations of living in a luxurious home.

For more information about the luxury properties visit the best real estate companies.

Labels:

Comments

Post a Comment

Popular posts from this blog

ENT Diseases & Their Treatment

What exactly is an ENT health care provider, and what do they treat? An Ear, Nose & Throat health care provider (ENT) is a scientific and surgical subspecialty focusing within the anatomy, physiology, and pathology of the pinnacle and neck discipline; they are one of the oldest medical specialties. All in all, they may be able to support diagnose or maintain a wide variety of exotic diseases and scientific issues. ENT Treatment Regarding competently classifying them within the canon of clinical professionals, they may be most likely identified by way of their additional formal title of "Otolaryngologist-Head and Neck health care professional," even though many humans seek advice from them as Ear, nostril and Throat doctors. The problems dealt with by way of using ENT medical professionals can fluctuate broadly, from recurrent ear infections, allergy, continuous tonsillitis,   chronic sinusitis, dizziness, hearing loss, thyroid disorder, parathyroid sickne
Post a Comment
Read more

How To Choose a Good Pediatrician For Newborn?

Preparations to your new youngster start the moment you observe the stick became pink unless you're inside the health facility give room. One of the essential tasks is to choose a pediatrician for your child. First-rate alternatives and choices can result in a difficult resolution-making method. Following are pointers for finding the proper pediatrician for your child: Options. There is as an alternative extra worried in choosing a pediatrician than calling the major one listed in your insurance policy listing.  Step one is to compare if a pediatrician is the right variety of medical professional for you, or must you might decide on a loved ones well being care reputable or possibly a nurse practitioner. Each selection contains pros and cons. The high-excellent system to make the right replacement for you is to be trained what each type of scientific profession will best meet the wants of your loved ones. Pediatrician For Newborn   Pediatricians: A pediatrician
1 comment
Read more

Earache: It's Symptoms & Treatment

Earache is likely one of the chief complaints about both adults and youngsters. It can be important for the intent of the ear suffering to be determined previous than watching to deal with the symptom. This can also be the symptom of an immediate purpose or an obscure reason (suffering which originates from an additional region of the body and radiates into the ear). Medication of ear suffering will rely totally on the underlying motive. Treatment can range from antibiotics to surgical method. Accurately for some explanations of it, there is no real process to preclude the suffering, excellent to maintain the symptom itself. It is principal to maintain your ears via retaining off loud environments with no protection and maintaining all objects in conjunction with cotton swabs out of the ear canal . Treatment For Earache Some of The Common Causes of Ear Pain Are: 1. Ear Trauma: This entails slapping or blunt force on the external of the ear, loud sounds or blasts of
1 comment
Read more