How Luxury Real Estate Beats Recessions

Are you wondering if it is a financially wise decision to spend more and invest in luxury real estate instead of a mid-range budge home – especially during an economic recession? Beyond just the necessities, luxury real estate offers many more advantages that are often overlooked. In the long run, luxury properties by a reputed developer are one of the best investments you can make and will provide much more value over time. Here are a few reasons why luxury real estate beats recessions and is worth the investment.

 

Luxury real estate is conveniently located

Location is the most important aspect of a real estate investment. Most developers understand the value of time and know that residents of luxury real estate value their time in the highest regard. Hence most luxury properties are centrally located in the most connected and accessible of locations. Luxury properties have various amenities in very close proximity. They are often situated near offices, schools, supermarkets, banks, restaurants and hotels.

 

Luxury real estate is spacious

The more space you own, the better your investment will be. Luxury real estate is characterised by spaciousness and opulent levels of comfort. We all need our own space, and luxury properties from reputed developers do not skimp on this. A vast living room for entertaining friends, a well organised modular kitchen for cooking your favourite meals and a spacious master bedroom for rest and relaxation are the hallmark of a premium luxury apartment. Luxury gated communities have the added advantage of gardens, jogging tracks and expansive parking facilities.

 

Luxury real estate is cost-effective

With numerous financing options from banks and increased transparency from the recently implemented RERA policy, luxury real estate is more affordable than they have ever been. There are numerous attractive loans available from banks that offer personalised payment plans at cost-effective rates. Luxury real estate is also easy to rent out, especially if located near a business hub. Additionally, the resale value of luxury real estate is very high. Choose a reputed developer with a strong track record for delivering luxury projects on time in fast-emerging localities and with strong ROI.

 

Luxury real estate is safe & secure

Safety and security are the best investment. Luxury real estate offers home automation systems and trained security guards who patrol the grounds round the clock. Security cameras and other surveillance mechanisms are also available. Most luxury properties, especially in a gated community, provide 24/7 monitoring and surveillance, combined with stringent checks on non-residents at all access points of the premises. Furthermore, any maintenance issues can be fixed without a problem. Luxury properties have 24-hour power backup, plumbers on call, electricians and many more services available at any time.

 

Luxury real estate offers extracurricular activities

There are numerous options for residents of luxury properties to socialise and pursue their hobbies. A world-class club house, modern wellness and fitness amenities, indoor and outdoor sports infrastructure, expansive lawns, lounges and many more spaces are available to satisfy every member of your family.

 

Luxury real estate enhances its natural surroundings

Luxury real estate differentiates itself from the competition by integrating natural surroundings and eco-friendly measures including Zero Discharge, Rain Water Harvesting and Solar Heating. The building should seamlessly fit into its surrounding area and be optimised for maximum natural lighting and fresh air. Expansive greenery and water bodies are not only decorative features, but also refreshing and invigorating. Most luxury properties from reputed developers are certified as Green Buildings, which has a positive impact on the surrounding ecosystem and increases your ROI.

Last updated on September 21, 2020

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