Property has become a status symbol for people. Everyone is chasing a sumptuous address and a neighborhood, for which they are ready to pay a huge amount as well. However, maintaining a classy standard and trend of buying a luxurious apartment is getting popular in the metro cities. Here, we have listed a few of them; let’s have a quick glance over them.
Delhi:- For Delhiites, maintaining a high standard is buying a fashion home in a posh area. They can pay off any amount just to acquire a branded residence in the locations like Aurangzeb Road or Chanakyapuri. In the real estate world, it is a matter of fact that the demand of properties is inversely proportional to the supply. This theory can be seen practically with the evidences that the prices of bungalows and villas in the areas like Hailey Road or Amrita Shergill Marg are touching the sky. The property prices in such locations are ranging between Rs. 120 crores to Rs. 250 crores. Such branded residences in India are expected to become the benchmark for an elite living.
Noida/ Greater Noida:- Akin to other metro cities, Noida and Greater Noida have become the dream destinations for realtors and investors. In the past few years, a tremendous development has been seen that has transformed the status of the residents. Greater Noida West and Yamuna Expressway have become the prime choices of the people who are craving for fashion homes in Noida. F Premier, Beetle Lap and Boulevard Walk have set standards by introducing the lucrative featured homes with terrace lounge, proximity to India’s only F1 track, hi-tech amenities and many more. Such luxury homes in Noida and Greater Noida have been launched with an aim to bring up heaven on earth for the residents.
Mumbai:- Mumbai ranks 16th internationally in the list of cities having most expensive residential properties. The reputed builders of Mumbai have seen an immense development in the past few years, thus they have brought up the properties which are now counted as ‘branded residences’ of India. Acme Boulevard, K Hemani Neona and HDIL Whispering Towers are a few addresses of the gated living. The prices of luxury apartments in Mumbai were never pocket-friendly and they are up swinging each day. Still, people are booking their dream homes at all costs just for the sake of their status symbol.
Read More About……..Affordable Luxury: A Growing Segment of Indian Real Estate