Demand For Luxury and Ultra-Luxury Homes On the Rise

Each person has a definition of ‘luxury’ depending on his/her social status and lifestyle. For some it may be affordable luxury home while the same can be quite an expensive affair. Thus developers cater to a variety of demands, even within the luxury home segment. Luxury and ultra-luxury homes make a bold promise. They’ll turn your lifestyle upside down and people will envy you. Your address becomes your calling card, and most importantly like any true luxury product can be passed on to the next generation.

Demand For Luxury and Ultra-Luxury Homes On the Rise

Demand For Luxury and Ultra-Luxury Homes On the Rise

Across India, luxury homes have become the ultimate creation for developers who want to rise above the pack. They aim to have one showcase project -a trophy project- that can really standout and help them distinguish from the rest. Moreover these projects can help them bring in the money- for example in Mumbai these flats can cost you between 40-50 crore each. The ultra-luxury projects conceived by the developers have – the wide panoramic views, the high ceilings and the concierge services. All show the luxury at par with London or New York developers. [Read more…]