Explore next-gen living with Luxury Housing in India
Dec 03, 2018
Gone are the days of matchbox homes for India. The future looks plush with the rising trend of luxury homes, slowly but surely entering India. Here’s why you should gear up for the much-needed face-lift to the Indian real-estate sector.
Tap into the growth phase in a better economy
As per latest reports, the Indian economy is set to rise to 7.9%. In line with this, a research by a marketing consultancy shows that the Indian real estate market is witnessing huge investments by HNIs and the demand will only grow in the luxury segment after 2020. Even as these predictions have inspired many realtors to plan affluent townships, it’s time for buyers to explore them as well.
Bigger dreams for a posh life
The skyrocketing demand of luxury housing stems from people’s aspirations. Customers are now seeking homes that are an opulent experience. And realtors are responding to this shift in demand, by developing luxurious apartments, penthouses, villas and bungalows in gated communities. For buyers it’s like having the best of both worlds – safety and plush housing – in one.
More ideas for world-class architecture
In luxury housing, adding a lavish touch can go as far as the imagination. Many luxury realtors have started adding an ultra-luxurious touch in the form of modern themes like hills, mountains, forest etc. Some housing projects are adapted into a specific architectural style, such as Spanish, European, French, German and more. Now who wouldn’t want to walk into a welcoming abode like that?
It is estimated by a website that over the next 15 years, there will be a need for 1.5 million luxury homes in India. The Indian millionaires and billionaires look to invest in luxury homes, both for themselves and for their children thereby increasing the numbers. What excitement it holds for buyers in this segment, is now anyone’s guess.