In recent years Gurugram has emerged as a hub of Urban Growth in India through its growth from a small town into one of the most Desirable Real Estate Destinations within NCR (National Capital Region).
There has been a rapid increase in the number of Ultra Luxury Builder Floors within prime locations in Gurugram, representing a unique mix between/among space, style and price.
For Homebuyers who are looking to live a Premium Lifestyle without living in a crowded High Rise Society, Ultra Luxury Builder Floors offer an exceptional Opportunity.
Due to their Location (Excellent Connectivity), Size of Builder Floors (Larger than Typical Homes) and Value (Competitive Pricing), Ultra Luxury Builder Floors in Gurugram are establishing themselves as one of the Most Balanced Investment Choices of the Ten Years.
Luxury Living in Gurugram has Historically been synonymous with High-rise Condominiums. In addition to all the amenities provided by a High-rise, the shared amenities in High-Rises create Higher Maintenance Cost and Less Privacy. Modern Home Buyers now want to Live Independently with Lower Density and More Control over Their Home.
Luxury Living Evolution in Gurugram
Luxury living has usually been found in high rise condominiums, which offer the amenities of living in a shared environment with increased maintenance costs and limited privacy. Modern buyers want an independent lifestyle with a low density of people, as well as more control over ownership, and the increase in demand for builder floors in prime sectors is a direct reflection of the change in buyer attitude.
Ultra-luxury builder floors are built on organized plotted township developments that provide a villa-like lifestyle experience in a gated community. Builder floors range from 250 to 500 square yards and are designed to have open floor plans/space to allow for additional ventilation and direct access.
Driving the Luxury Builder Floor Market
Location is the number one driver of real estate appreciation; therefore, prime sectors in Gurugram are worth higher in the property development sector because of infrastructure, connectivity to the city, and the lifestyle ecosystem.
Golf Course Road : This is an elite location with access to the metro, close to corporate offices and exclusive developments.
Golf Course Extension Road : This is a rapidly developing corridor with well-planned townships with broad roads and excellent potential for appreciation.
Sector 57 and 52 are located centrally and are already well developed; therefore, they have a high demand for rental units.
Sector 65 and Southern Peripheral Road (SPR) : This is a high-growth luxury corridor with a significant demand from both end user buyers and investors.
Dwarka Expressway : This is a future-ready investment zone with seamless connectivity to Delhi and significant investment in infrastructure.
Affordable Luxury Apartment Options in Gurugram
For those interested in buying property in the ultra luxury segment, areas in Gurugram offer amazing value for money compared to villas/houses and deluxe apartments.
The Reasons are :
- Cost effective shared land between fewer floors
- Lower long term maintenance costs
- Less clubhouse monthly costs
- More competitive pricing in new prime areas
- Flexible payment options from developers
Buyers can find top quality 3 & 4 BHK apartments in luxurious areas that provide an attractive home and add long term financial value.
Characteristics of the Best Ultra Luxury Apartments in Gurugram
Luxury apartments in Gurugram are built with the aesthetics and function of a home in mind.
Some common high-end finishes for these types of apartments are :
• 3 and 4 BHK very spacious floor plans
• 250-500 sq yard plot sizes
• Private elevator for each apartment
• Independent shop entrance
• Stilt covered parking
• High grade Italian marble flooring
• Designer modular kitchen
• High grade brand name sanitary fixtures
• Large balconies/sizeable terrace gardens
• Park-front and two-sided open views
• Smart home technology features
Not only will these features raise your home lifestyle experience but they will also increase the appreciation of your home over time.
Investment Returns and Perks
Gurugram has consistently demonstrated significant appreciation of value due to :
- Ongoing development of infrastructure
- Continued growth of employment opportunities along withCorporation
- Higher levels of interest from persons living abroad and Indians residing permanently in the United States.
- Very few low-rise units exist in high-end locations
Luxury floors located in prime areas offer:
- High return on investment from rent paid by tenants
- Strong resale demand
- Stable market price increases
- Less likelihood of an oversupply of units versus high rise units
As the completion of various infrastructure improvements such as the proposed completion of the Dwarka Expressway and completion of the expansion of the metro occur, the potential for continued appreciation remains positive.
Reasons why low-rise independent floors are becoming popular
A larger amount of square footage.
Private balconies and terraces.
Less density in terms of number of people per square foot of living area.
Better airflow within the unit.
Ultra luxury builder floor units completely satisfy the above changing trends. Compared to high-rise apartments, they offer more independence and exclusivity. Compared to villas, they have a lower purchase price and are easier to care for than a villa.
This combination of the above benefits has resulted in ultra luxury builder floors being the fastest growing residential building type in Gurugram.
The types of buyers that are attracted to ultra luxury builder floors
Ultra luxury builder floors are ideally suited for :
- Families currently living in apartment style housing to trade up and build wealth.
- Senior level executives who want a deluxe address.
- Investors looking for income from rental properties.
- Indians living abroad who want a “safe” investment in India.
- Individuals who are looking for the independent lifestyle.
With affordable pricing in select prime areas, opportunities still exist for buyers to enter the market prior to the next significant appreciation cycle.
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website : www.paramountluxuryfloors.com
Conclusion :
The ultra luxury floors developed in several prime locations within Gurugram blend sophistication and affordability like no other product. They offer independent living, top notch design, excellent connectivity, and long-term growth potential, while remaining reasonably priced when compared to standalone villas.
If you’re looking for the best way to elevate your lifestyle as an end user or are an investor anticipating capital appreciation and steady rental revenue, luxury builder floors located in Gurugram’s prime assets are a will certainly provide an excellent investment opportunity over time.
Luxury is all about making intelligent decisions now regarding: location, quality construction, and long-term sustainable growth opportunities. The ultra-luxury builder floor developed in Gurugram will provide you with the above benefits.