what does the term "affordable luxury" means?

Q: As I came across while my searching of properties , most of the builder is saying affordable luxury? what does it means?

Anusha, Bangalore

22nd December 2014

Buying property in Bangalore

affordable homes

buying properties in bangalore

affordable luxury

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Highest demand in Indian real estate comes from the mid-income segment of buyers, but these buyers also aspire for a more luxurious living experience. Developers can cater to this demand by innovative scaling - and those who manage to do so create a a win-win situation for everyone.

Pratap, Bangalore

22nd December 2014

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Luxurious living always involves larger spaces and the provision of exclusive features such as reserved parking, advanced security, desirable common amenities such as swimming pools, well-equipped club houses and smart interiors. However, super-expensive luxury projects also need to be in the most expensive locations and showcase the priciest international designer brands in fittings, flooring and overall decor.

Ramesh Reddy, Bangalore

22nd December 2014

An affordable luxury project is a premium housing project,which is in the financial reach of a much larger buyer segment than just HNIs and ultra-HNIs.. A relatively recent market offering, affordable luxury projects are an important stage of necessary evolution in the Indian real estate industry.

Ramesh Reddy, Bangalore

22nd December 2014

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