Luxury real estate is where houses define the grandeur of the construction, the ample square area available and the amenities that are on offer. Luxury homes cover villas, bungalows, penthouses and even apartments.
However, there are certain facts which you should know about luxurious homes before you even think of buying.
- Many developers offer unmatched luxurious amenities in order to be classified under luxurious homes. But, it is not the amenities, but the architecture that lends value to call it a luxury home. If one can just tell the name of the developer just by looking at the architecture that can be classified as a symbol of luxury. For e.g. There are many developers whose style of construction and design pattern is similar for all its developments.
- The reputation and credibility of the builder have to be the subject of your research. While some of the builders focus on the end product, i.e. the flat or an apartment, the quality of the construction also matters. A good builder will also try to focus on the interiors and the quality of the materials used for construction.
- Another most important fact of a luxury home is that, if provided by the builder, the luxury home can be designed and customized before or after the construction. In most cases, you can add a personal touch as per your wishes and give a luxurious feel. Consequently, it becomes much easier to customize when you start from scratch, i.e. on a plot. There are many plots in Alibaug where you can have the freedom to design your own house.
- Lastly, amenities are a must in luxury homes. Amenities such as gymnasium, swimming pool, jacuzzi, landscape gardens, cameras and security, automation options indoors as well as outdoors etc. are a must. Many new projects in Panvel have most of the above-mentioned amenities. Most of the builders charge a premium because of the state-of-the-art amenities and the luxury it provides.
With the improved and easy access to finance and the drive to attain a higher status in the society, the demand for luxury homes is steadily on the rise. So, apart from the above points, keep in mind the location of the property, check that appropriate approvals have been obtained by the builder and ensure that there is no cosmetic tie-up to lure buyers.