The new trends in Real estate have recently been started to witness. Another reason for that may be the competition that has been emerged. The good thing about the competition is that the houses are becoming the value for money for the buyers. Developers have started to introduced VR & AI to make homes more techno-savvy.
14th April 2020
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A genuine luxury project has uncompromising human security as well as electronic surveillance and safety measures firmly in place.
Hmmm Seekha the luxury apartments are constructed in Gurgaon and most of them on the Golf Course Road in the NCR region. Most of these super-luxury condominiums like Aralias and Magnolia, which are currently quoting at Rs 20,000 per sq ft to Rs 30,000 per sq ft, are by DLF.
I think the best part of this new trend is the secuirity! :We can expect a beter security in luxury apartments. Inhabitants of a luxury project would not expect to install ugly security grills over their front doors and windows. They expect to have the assurance that their families and property are safe in all respects.
The super-premium apartments in the NCR come with a price tag that is upwards of Rs 15,000 per sq ft. Some of the developers have indicated that the price of their projects will be upwards of Rs 25,000 per sq ft. At the same time, as the size of luxury apartments varies between 4,000 sq ft and 8,000 sq ft, their net cost, too, varies in the range of Rs 6 crore to Rs 20 crore.
Yes, true if we go and check the records, Supertech has also launched super high-end projects with global luxury brands like Armani, Swarovski, and Disney. Similarly, as shown in the chart, a number of developers have launched super-premium projects in other cities like Mumbai and Bangalore.
The major players who have already launched such projects are Supertech with JW Marriott and Le Meridien, Ireo with Grand Hyatt, and 3C with Four Seasons. In all these projects, room services will be provided by the hotel group in the tie-up to the occupants of the apartments.
Delhi NCR,has witnessed a slew of luxury apartment launches. A number of such high-end projects with world-class specifications were launched in the last one year. This new trend is about high-quality after-sale services which is been taken care by the builders.