How Much Location Matters for a Status Symbol?

Branded address, posh area and locality; these are the basic requirements of many people for whom fashion homes is a standard. Branded residences trends in India is getting popular in the cities like Delhi, Noida, Greater Noida, Gurgaon and Mumbai. To fulfill such demands, renowned developers are putting all their endeavors to introduce bungalows, villas and apartments that can meet all degrees of elegance and luxury. The realtors are not only striving to offer high class amenities for international living, but they have also aimed to build the project at the prime locations

How Much Location Matters for a Status Symbol

Let’s have a look at some such locations of metro cities for which HNIs (High Net-worth Individuals) are investing an immense amount.

Noida/ Greater Noida:- Akin to various metro cities, Noida and Greater Noida have gained huge popularity due to prodigious developments in varied domains. F Premier, Boulevard Walk and Beetle Lap are a few examples of branded residences offering sophisticated living standard.

Delhi:- Delhi, the capital of India was always popular for its advancements and swank. Every individual residing in NCR wants to get accommodation in reputed areas like Aurangzeb Road, Vasant Kunj, Chanakyapuri for flaunting their living standard.

Mumbai:- The biggest metropolitan city of India- Mumbai is another destination for realtors and investors. B&M Buildcon Atlantis, HDIL Majestic Tower and Tata Housing Codename Infinium are a few iconic luxury apartments that meet all segments of a high class.

There are always some basic elements that together form a perfect modern home. These criteria must always be in the checklist of a builder. Let’s have a quick glance over them.

Essentials of Luxury Apartments

Low Density- Location is not all that matters, instead ultra-rich buyers always prefer to book their villa or bungalow at the places that have lower density. In NCR, some examples of such locations are Greater Noida West and Yamuna Express.

High Profile Residents- Neighborhood really matters for the HNIs, thus, they always prefer to book a property near the accommodations of celebrities, tycoons and the CEOs of the city. Investors do gravitate to such locations not only because of their prestige, but also for other possible benefits in business. Amrita Shergill Marg, Jor Bagh and Hauz Khas are some of the prominent places where high profile residents can be found.

Accessibility- Accessibility is also one of the major criteria, when it comes to choosing a location. For an example, Yamuna Expressway in Noida has set as a new destination for high class investors. The major reason for the realtors to launch excellent projects in such a place is that it offers flawless accessibility to the residents for reaching Delhi and Greater Noida.

Privacy- A residence with a branded tag is not just enough, but privacy is also another important element that matters. India’s ultra-rich always prefer bungalows, villas and apartments where they can experience a modern lifestyle with privacy.

All these criteria may appear strange to a middle-class person, but these make a lot of sense for an HNI who can invest anything for the sake of gated living.

Read More About……Location: The Ultimate Real Estate Mantra