Apart from independent floors, the new projects by developers boast of low density/low rise development. With high rise a common feature in NCR, this new concept is bound to create ripples in the consumer's mind, I feel!
Mr Sukhpreet i feel that luxury will have more weightage in a developer's portfolio, both in terms of number as well as value. NCR, Mumbai and Bangalore will continue to be luxury destinations because of HNIs and investors..:P
Helo all i fell that the developer's alternative for people who love independent living and opt for builder floors. Builder floor apartments are popular in areas including Delhi-NCR, Chennai, Bangalore and Hyderabad among others. Also, luxury is a recession-proof segment.
But guys i feel that builder floors fall short when it comes to facilities such as power back-up, security, gym, sports space, community hall and club.!!!
Yes, true Ruchi this become a trend that has taken off in a significant way, more and more developers are launching independent floors with lawns and basement/roof terraces in gated communities, to attract buyers, who otherwise opt for builder floors prevalent in the unorganised real estate sector.