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There is a lot that can be learned from a curbside visual inspection of the builder’s past work. We check how the roof and siding seems to be holding up, what are the materials used in construction. Inputs are also taken by residents who are already living in homes in previous projects designed by the Builders. We talk to residents and also know many who sulk but yes now also know the difference between outside and inside. So, reviews come absolutely unbiased and based on facts.
Location is one of the most important criteria in selecting a luxury project. While many developers are trying their best to create new zones and addresses across Gurgaon and Delhi-NCR that can appeal to HNI property buyers, prominent addresses or ‘pin code value’ still matter, and the ultra-rich are willing to pay extra premiums to get premium location properties. Having said that, “luxury” is not just about “location” anymore. Luxury is a lifestyle statement and for more and more buyers, NOW it does not matter where you stay as long as you can define your social and financial standing by way of quality of construction and amenities— surveillance, wireless internet, clubhouses, gardens, play areas, spas and gyms. Some builders also provide very unique, highly desirable and exclusive amenities eg. artificial lake and water bodies that sometimes make location redundant.
After viewing hundreds of images of listings online and visiting several apartments, you’ll soon realize that images can be quite misleading. No matter the property type – whether it’s a 459-square-foot 1 BHK or a 13,200-square-foot villa – floor plans are often a better indication of an apartment’s interior than what images sometimes offer.
A floor plan allows the buyer to understand the entire layout of the apartment in a single frame. Research suggests that floor-plans are more important than both the images and the summary description of the property. Floor plans also help in analysing such as:
- 1. Are bedrooms next to each other?
- 2. How many windows are there and what are their positions?
- 3. Which way does the door open?
- 4. Does the floor plan include all dimensions?
Some developers are offering a variety of flexible payment schemes to attract buyers. Some developers also offer their own unique versions of Subvention plans and possession linked plans. Although, the best payment plan for you depends on your personal situation and the funds available to you, we review the various payments plans offered by the builder and how convenient they are to you, as a buyer and/or end consumer.
With “Brand” comes Trust and Prestige. So, now not just the developers building your home, even the chandeliers in your luxury abode today are from a coveted international brand. With the increase in spending power, the well-travelled luxury home buyer is an admirer of fine taste and delicate designs. Undoubtedly, the place that he/she calls home has to be one of a kind.
While the real estate sector has been facing a slump and there is a huge pile-up of inventory, in Gurgaon. But, the luxury segment has been able to avoid the downturn. Key luxury housing markets have witnessed steady appreciation in prices over the last few quarters. This has also been confirmed by BusinessToday market reports. We look at the various criteria that govern the appreciation in prices of your luxury property.
How about having artificial lake, themed gardens and water bodies around your apartment? Buyers should first evaluate their needs, desired amenities and compare it against the services available in the market and then look at the various amenities provided in any project. Club house, Swimming pool, Gym, Rooftop garden and jogging tracks, Open deck, Sky lounge, Spa and salon, kids play areas, Concierge services etc. have almost become an invincible part of a luxury properties in Gurgaon. However, property sellers may, at times, also highlight amenities to hide flaws in their project or to propel the sales momentum. We review the various amenities comprehensively to find out if the so hyped amenities are worthwhile or not!
Luxury real-estate market behaves differently than conventional real estate market. Since the value of these premium homes defies market dynamics and logic, developers are keen to explore this segment wherein they concentrate on creating original and bespoke buildings and customized living that will give buyers the opportunity to feel special. Only a handful of builders in Gurgaon today have the knowledge, skill and the capital required to build a luxury property development that lives up to its promise. So, it’s very difficult for the average buyer to estimate the “REAL” value for money he/she is getting in his investment. We make that decision easy for you, through our in-depth market research.