5 Reasons Why People are Buying Luxury Homes

Over the decade, in addition to the lifestyles, professional growth and financial capabilities, residential projects have undergone an upgrade. With the standard of living raised, the shift to chic and drastic high end preferences have tickled the taste buds of new age home buyers. In Hyderabad, an upcoming commercial hub in India, the career growth opportunities have led people to invest in glamorous, large and plush houses. People are no longer content with four walls and some loose furniture. People now want fancy wall furnishings, high end quality wooden furniture, top to bottom bullet proof glass windows, smart homes, unique false ceiling designs and much more to add to their lifestyles, especially those who like to entertain on a regular basis. No point in having a stunning home if you can't flaunt it to your friends and family right?

Several posh neighbourhoods of Hyderabad have seen a drastic change in the choices of homeowners. While luxury homes in Mallampet have observed a steady demand, 3BHK premium apartments in Kollur are practically sold out. Changes in buyer behavior in metropolitan cities has motivated developers to create more luxury housing to match the demand. Builders are making more and more such societies, gated communities, multi-storey apartment complexes and independent homes to cater to this demand. There are several factors one would consider while buying a posh and luxurious home, five of which are stated below.

5 Reasons Why People are Buying Luxury Homes

1. Location

Many luxury homes are typically placed in ideal locations. While the balance and connectivity in conjunction with a good ambience is taken care of, such homes become more coveted by aspiring homeowners. Keeping its dwellers near to the city centre, close to all the amenities as well as workplaces makes location a key factor in the selection of a home. Hyderabad has a large financial and corporate sector, close to which, many such high end building complexes and independent villas have been created.

2. Security

Safety and security is high on the list of priorities for luxury home seekers. Almost all the buildings that have luxury flats for sale in Tellapur hone a high end security system with CCTV coverage in common areas as well as emergency alarms and physical security guards that can restrict access for unwelcome guests. This creates a safety for the residents of the building and they can go around worry-free within the premises.

3. Modern Amenities

Buying a fancy and high end home assures the availability of amenities. Swimming pools, spas, cafes, sports grounds, jogging tracks, club houses, private parking, exercise rooms, banquet halls, childrens' play areas and many more facilities within the building give the members a higher quality of life, which is one of the main reasons why luxury homes in Mallampet have seen a hike in sales.

Also read: Work from Home Setup Ideas

4. Privacy

Uber luxury homes offer unparalleled privacy for its residents. While regular housing societies offer common amenities, a luxury house will offer all the comforts and offerings of exclusive privileges that can only be enjoyed by the home owners and their private guests. Bespoke facilities only available to homeowners in independent villas and houses are an added perk for people seeking to buy such houses. Furthermore, most of these homes are bordered with big height walls and fences to keep away from the public eye.

5. Financial Investment Gains

Investing in real estate has always been a lucrative form of adding capital gain to one's kitty. While all properties, big, medium or small are high on the list of potential investors, larger luxury properties tend to give a higher return. More so for the ones located close to the city centre, one can choose to rent it for a good price and eventually also watch the property prices grow as per the hike in real estate every consequent year.

Praneeth Constructions will help you in taking that extra mile to showering you and your family in its luxurious and blissful embrace, luxury homes are well embellished, plush with features such as home automation, furnished with some of the most exquisite furniture and marbles and all in all give the best quality of life when it comes to residential living. Depending on the location and the builder, you can get some for expensive rates and sometimes, when you are content with staying slightly further away from the city, you can also get a heavenly abode for a more reasonable price. The above mentioned reasons are on the top of the list for people looking to buy such homes, but depending on the individual, other factors can also come into play.

Also read: Women Buyers in Real Estate