By Soniya Gaonkar on Dec 9, 2021 7:00:00 PM
The desire to have a better social position and an extravagant lifestyle has raised the demand for luxury residences. Furthermore, greater credit facilities, lower interest rates, and high discretionary income contribute to the same, maintaining the luxury sector afloat among the top consumers.
A luxury home has a hefty price tag in its portfolio; therefore, a buyer should evaluate all of the elements of a real estate property that make it a luxury home. Many unrivaled features include a private pool, landscaping, private gym, remote-based intelligent and smart technologies, multi-layer surveillance and security etc.
However, considering the high demand, there are a few things a buyer should look into before buying a luxury home in Pune.
Below are a few things you should have on your checklist while looking to buy luxury residential projects in Pune for your luxurious lifestyle.
1. Location! Location! Location!
In contrast to the house's exterior appeal, the location of the property is also the main force. In most cities, the market for luxury residences thrives in high-end neighborhoods. For example, in Pune, the majority of high-end flats and luxurious properties get picked owing to the location's significant advantages. The bulk of residential real estate developments in the area are classed as premium and high-end, attracting purchasers from all across the city and state.
A buyer should concentrate on the neighborhood in which the luxury lifestyle homes are located. Most of the time, luxury projects are in outlying areas or 'underserved' residential markets. Even though these projects include cutting-edge design and world-class facilities, they are unable to attract investors due to their poor location. Hence, location is a MUST!
Luxury flats in wealthy parts of the city that provide seclusion while yet keeping you linked to the city are a necessity. You can never go wrong with luxury flats that are close to all of life's needs such as schools, hospitals, gardens, airports, malls, etc. Great road connectivity contributes to a simple and convenient way of life. A high-end location also offers the benefit of being in an uptown neighborhood, which links you with nice people and so enhances your experience of life.
3. Workout and Rejuvenation space:
Having gym and rejuvenation areas is a great amenity. And having one in your house will make it simpler to keep active and healthy. The best part? You have total privacy which may tailor your workouts to your own fitness needs while also having the liberty to meditate whenever you wish for the peace of your mind and soul. The pinnacle of home gyms would include lots of areas for weights and pieces of equipment, but also built-in wireless speakers, televisions & a pool for post-workout relaxation.
4. A Friendship Zone for Kids and Senior Citizens:
Every member of the family should be entertained by a lovely and luxurious home. And whatever makes children happy makes the parents happy too. Many luxury flats have a children's play area as well as for the beloved elders of the family. It has a lot of appeal for folks seeking a home to live in with their families.
Such spaces include amenities like slides, swings, merry-go-rounds, and a variety of other activities for children, and a calm, peaceful sitting area for your elders. With these different spaces, children meet new neighbors as well as their moms and so do the seniors. These zones are also a great opportunity for you as well to network with like-minded people of your status enjoying the same luxury house amenities
5. Rooftop Entertainment Spaces:
Numerous luxury flats in Pune offer a rooftop terrace that can provide a plethora of recreational amenities that showcase an elite lifestyle. Rooftop entertainment is unparalleled, with breath-taking views, rooftop gardens and pools, lounge chairs, and a dining area. And, while you're doing it, why not show off to your pals when they come to visit? It's like an ideal venue for fun get-togethers or to celebrate with your loved ones.
6. Design and Architectural Flair
Look for a home with a solid and high-quality architectural base. Today's architectural agenda reflects each client's creativity, originality, and vision, and it provides personalized luxury places. Having a high-end design and feel in your residence is never a bad thing. Many residential projects in Pune include amphitheaters, which were primarily developed in the Greek and Roman ages, to increase the opulence of your property.
7. Market Research
A comparative real estate market study is a critical phase in the investment process. Determine the latest selling price of similar properties in the same neighborhood or the locations around using numerous web platforms, as well as property dealers and real estate firms. It aids in calculating the actual value of your new investment. Also, consider the local job sector, cost of living, and overall economic outlook of the area that might be your new home.
Luxury homes are an outstanding asset for both residential and financial purposes. And as the quantity of amenities increases, so does the standard of lifestyle and the pace of investment. These amenities are a must to check whenever you are looking to purchase a luxurious residence to elevate your lifestyle.
In a city like Pune, where the real estate market is always expanding, investing in a luxurious property with great facilities can provide big returns in the long term. Because of the numerous advantages, several luxury residential properties in Pune are built with great amenities to cater to the luxurious lifestyle the people are looking for these days. The bulk of residential real estate developments in the city are classed as premium and high-end, attracting buyers from all across the state and country.
Given a comprehensive list of services and amenities, the return on investment of the flats for sale in BT Kawade road Pune and other areas like Hinjewadi, Tathawde is expected to grow in the future. These neighborhoods have developed drastically over the years, and there is still plenty of space for expansion. Investing in a regional real estate project, today and in the future, looks to be a highly beneficial and clever idea.
If you want to buy a luxury home in the luxurious vicinities of Pune, don't forget to check out residential properties by Kohinoor Group. It contains some of the most fascinating 2bhk and 3bhk flats for sale with over 20 amenities. You won’t be disappointed by Kohinoor properties, especially Presidentia by Kohinoor as it instills a regal feeling in every area.