May 29, 2023
Mr Rakesh Reddy, Director , Featured Article on Times of India
There has been a noticeable perspective change in India’s Luxury Real Estate Industry in recent years, going from a pleasure to a crucial necessity. Consumer preferences are shifting more and more in favor of houses with facilities including huge living areas, private outdoor spaces, and various comforts. Despite the general market anxiety during the epidemic, about half of the recorded sales had more than Rs. 1 crore ticket values. Luxury Residential Real Estate has remained one of the fastest-growing market categories.
The sustainability and efficiency of buildings play a key part in influencing one’s lifestyle as consumer tastes are shifting to place an increased emphasis on health and wellness. This function is even more prominent in the luxury market, where customers want privacy, customization, cutting-edge technology, best-in-class amenities, and professional maintenance. The need for sustainable features and amenities in Luxury Real Estate will only increase as more prospective homeowners choose luxury real estate developments, particularly luxury gated communities and townships.
The sustainability of a luxury property considers the well-being, security, longevity, livability, and accessibility of every occupant. Reduced stress and increased productivity result from sustainable building design, which makes spaces healthier and more holistic. The general health and wellness of residents can be greatly improved by integrating sustainable elements. Our Director, Mr. Rakesh Reddy, has provided more context regarding this development in an article published in the Times of India. Click the link below to read the entire blog.
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