The luxury segment in real estate can be classified basically into 2 categories – premium luxury and affordable luxury. The premium projects are the ones that you’ll find in prime localities of metro cities like Delhi and Mumbai and which are home to some of the most prominent industrialists, Bollywood celebrities, sports personalities, politicians, etc. and where the rates per square feet starts from somewhere around 30 to 50 thousands. While the affordable luxury projects include apartments that can range from 15 lakhs in tier 2 and tier 3 cities to few crores in metros. These figures in the range of 15 to 25 lakhs for luxury project may sound astonishing but it is true.
Most of these affordable luxury projects are either in the outskirts of metro cities or in tier 2 and tier 3 towns. These projects in non-metro cities like Jaipur, Ajmer, Satna, Jabalpur, etc. offer some of the finest and sheer luxury projects that you could have only dreamt of. There are several upcoming projects in these cities that are sure to turn your dream into reality. These sheer luxury projects offer both comfort and luxury that is equivalent to top notch hotels.
World Class Amenities!
The amenities offered by some of these new projects in Jaipur, Indore, Ahmedabad and other cities of India are simply world class and can range from floored gardens, sky lounge, lavish swimming pools, big living rooms, cafeteria, mini shopping malls, kids play space, lush green surrounding, yoga park, jogging track, party halls, modular kitchen, etc. These homes offer nice blend of luxury living, peace and harmony!
These luxury projects built in green surroundings are worth a visit and offer great value for your money. After all you need to see these projects with great amenities to actually believe it!
Luxury for All Budgets
One of the big plus of these luxury projects in fringe cities and at outskirts of the metros is that they offer homes for all budgets. Most of these projects offer a wide variety of well-furnished and luxury 1/2/3/4 BHK flats, Penthouses, etc. to choose from. What’s more you get to enjoy all of the common amenities of the project irrespective of your flat size.
If you believe in living life king size and your budget is bit on the higher side, there are several under construction and upcoming projects that offer premium bungalows, duplex apartments, row houses, etc. These homes are well equipped with security features, ample parking space, have king size rooms, modular kitchens, etc. for comfortable living.
Conclusion – Ideal Time to Invest in Luxury Property
There could be no better time to invest in luxury living than now. With the economy picking up, stable regime, interest rates expected to come down and rising income levels, this is the ideal time to invest in property. A wait for a year or two and you may just be paying 5 to 10 lakhs extra for the property of your choice as the prices are expected to rise steeply from hereon. These investments at the current juncture will give you the dual benefit of capital appreciation and regular rental income.