india_luxury-home-sale

What really sells as luxury homes in India |gurgaon noida faridabad ncr

india_luxury-home-sale

Most bungalows in South Delhi are now being converted into either builder floors or apartment projects to enable the land owners to capitalize on the unlocked potential.

Meanwhile, Lutyens Zone is the area that the most powerful and influential people in the country’s capital call home. Despite the dizzyingly high prices, demand heavily outstrips supply at any point of time in this location – a factor also driving the extremely high capital appreciation in this region.

Independent houses in Aurangzeb Road, Prithvi Raj Road and Jorbagh, cost anywhere between Rs. 150-600 crore Builder Floors on Malcha Marg and in Shantiniketan cost Rs 18 crore and upwards.

Gurgaon

The fact that an increasing number of MNC, FMCG and IT companies have chosen to locate their headquarters in Gurgaon has led to the senior management of these companies seeking out the most exclusive residential options. The demand for gated community luxury homes in Gurgaon is also fueled by diplomats from Delhi’s many consulates.

Golf Course Road is one of the most sought after destination by the super-rich in this city. Options are limited to few select premium buildings by DLF like Magnolia and Aralia, where the minimum budget for apartment starts with Rs. 14 crore. Other preferred options on Golf Course Road are Verandas, with units priced at Rs. 7 crore, and Palm Springs with units priced at Rs. 5.5 crores.

Beyond Golf Course Road, Catriona by Ambiance Developers has found favor from luxury home buyers with budgets within the range of Rs. 14 crore.

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 Buying a Luxury Home is probably the biggest purchase you’ll make in your life. Our Experts will give you Free, unbiased advice on buying and choosing the right home for you. Contact Us Now

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Hyderabad

Jubilee Hills and Banjara Hills together account for over 70% of the demand for luxury homes from Hyderabad’s richest citizens. However, pricing for luxury units even in these locations has remained relatively affordable because of the tumultuous political climate, which has kept overall economic dynamics in check so far.

Hyderabad’s elite rich are currently buying into: Independent houses in Jubilee Hills, with price tags of Rs. 12-25 crore – good options are scarce in this category

* Apartments in Landmark by Mantri Developers costing upward of Rs. 10 crore
* Apartments in Stone Valley Apartments priced at Rs. 4 crore upward
* Apartments in Brigade Banjara Hills priced upward of Rs. 4 crore.

With the emergence of Hitech City and Gachibowli as major employment hubs, these areas have also come on the radar of Hyderabad’s new luxury home buyers. Some of the currently preferred projects in these areas are:

* Silicon County in Hitech City, with units priced at Rs. 1.5 crore upward
* Orange County in Gachibowli, with units priced at Rs. 1.3 crore upward
* Meadows Villas in Gachbowli, with units priced at Rs. 4 crore upward.

 

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 Buying a Luxury Home is probably the biggest purchase you’ll make in your life. Our Experts will give you Free, unbiased advice on buying and choosing the right home for you. Contact Us Now

Mob: +91 9971170911 ,+91 9910733911

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Chennai

Chennai is a city where luxury and occupant profile work well together, even for the city’s traditional rich and prominent residents.  This is saying a lot for a historically conservative and sensitive market that does not accept newer destinations easily. Nevertheless, profile still holds on the upper hand in a handful of select projects:

* Patio Apartments in Nungambakkam – units priced at Rs. 10 crore
* The Summit in Shastri Nagar, Adyar – units priced at Rs. 8 crore upward
* Laurels in Alwarpet – units priced in the range of Rs. 7 crore
* Swaroop Heights in Poes Garden – units priced in the range of Rs. 6 crore upward
* Ceebros Grayshott in Bishop Garden – units priced at Rs. 4 crore upward.

 

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 Buying a Luxury Home is probably the biggest purchase you’ll make in your life. Our Experts will give you Free, unbiased advice on buying and choosing the right home for you. Contact Us Now

Mob: +91 9971170911 ,+91 9910733911

Email : info@adlergroup.in

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Kolkata

Kolkata displays a luxury homes trend very similar to that of Hyderabad – Alipore and Ballygunge constitute 70% of the demand from the city’s ultra-rich and famous. These locations have very limited new supply, causing considerable on the pricing of existing options.

* Bel Air, the tallest luxury apartment building in Alipore, commands prices starting at Rs. 12 crore upward
* Platinum, the next preferred option, has unit prices starting at Rs. 8 crore
* Apartments in Tirumani and Highland Sapphire in Ballygunge are priced at Rs. 8 crore upward

EM Bypass, Kolkata’s latest emerging and very promising destination being favored by the city’s newer generation of HNIs, is now distinguishing itself as the go-to area for stylish homes with classy amenities. In this location, the Forum Group has launched its luxury project Atmosphere with units priced at Rs. 11 crore upward.  Eternia is another project by Concast-Unimark Group with units priced at Rs. 3 crore onwards. With a lavish rooftop clubhouse, it is attracting high-profile buyers.

 

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 Buying a Luxury Home is probably the biggest purchase you’ll make in your life. Our Experts will give you Free, unbiased advice on buying and choosing the right home for you. Contact Us Now

Mob: +91 9971170911 ,+91 9910733911

Email : info@adlergroup.in

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Pune

Pune has emerged as an important luxury homes destination, with demand driven not only by the city’s own HNIs but also by affluent buyers from Mumbai who are attracted by the high-end products available at prices that are significantly lower than for comparable projects in the financial capital.

Thanks to Pune’s live-wire multi-faceted economic growth, capital appreciation for luxury home investments is also very promising. The projects to which they are currently beating a path to are:

* Trump Towers in Kalyaninagar, with unit prices starting at Rs. 15 crore
* Yoo Pune in Magarpatta, with unit prices starting at Rs. 7 crore
* Waterfront in Kalyaninagar, with unit prices starting at Rs. 6 crore
* Renaissance in Sopanbaug, with unit prices starting from Rs. 6 crore
* Castle Royale in Bhosle Nagar, with prices starting at Rs. 5 crore.

Summary

Indian developers have not been fazed by the challenge that the deeper socio-economic connotations of what constitutes luxury poses to their new offerings, and have come out with concepts to seek to defy the ‘premium location’ logic. The success with which their efforts have been greeted varies, depending largely on how imaginatively they have been able to bring out the concept of modern luxury in new locations.

It stands to reason that the country’s most prominent residential locations cannot yield many more options for those who look for the highest status value in their homes. However, these buyers will continue to seek specific social environments that developers will have to provide in every new location and project.

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 Buying a Luxury Home is probably the biggest purchase you’ll make in your life. Our Experts will give you Free, unbiased advice on buying and choosing the right home for you. Contact Us Now

Mob: +91 9971170911 ,+91 9910733911

Email : info@adlergroup.in

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 Buying a Luxury Home is probably the biggest purchase you’ll make in your life. Our Experts will give you Free, unbiased advice on buying and choosing the right home for you. Contact Us Now

Mob: +91 9971170911 ,+91 9910733911

Email : info@adlergroup.in

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