Retinking lifestyle trends

Luxury living is no longer associateed with exclusive amenities and a multitude of activities alone. In recent years, its definition has evolved and stands on a par with changing customers’ Preferences and Architectural trends.

What used to be a demonstration of a property developer’s product offering is now being defined on the Basis of a customer’s Experience Journey. Earlier, a gymnasium in an apartment complex, a rooftop infinity pool, Italian marble floorings, and UPSCALE German Kitchen designs were considered the hallmark of Luxury Housing. With time, this trend of extravagant displays of wealth has changed to undertaked expressions of a holistic lifestyle.

The thought of having a personal retreat to escape from the humdrum of city life and strike a work-Life balance has encouraged the Country’s Ultra-NET-WWOrth Individuals to Increasingly Opt for Hosing Projects in the premium segment.

If reports are to be Considered, The First Quarter of 2023 Reported a Total Sale of 4,000 luxury housing units Across India’s Seven Premium Residential Markets, AS Compared to 1,600 UNITS in 202222222. The Top Cities, Including Mumbai, Pune, Bengaluru, Kolkata, Chennai, Hyderabad, and Delhi-NCR, the latter has emerged as the Leader in Premium Housing Sales, with a Growth Rate of 216%. These numbers are a clear indicator of the Promising Opportunity that the Luxury Residential Segment Presents to Real Estate Stakehlets.

Role of developers

Recognizing the risk affluence of the elite class and their unrivalled power to drive the demand for high-ed properties, developers specialisation in luxury residency and commercial properties are gearing up To meet the existing and future requirements. By Combining Exceptional Design, Leading-Edge Technology, And Safe Environmental Practices, The Key Players in the Chain-Developers, Developers, Architects, and Designers are working hands Standards of Luxury.

Skyward Living

Mumbai’s Limited Land Availability has LED to a Vertical Revolution in Luxury Real Estate. The City’s Skyline is Dominated by Architectural Marvels that Reach Unprecedened Heights, Offering Breatting Views of the Arabian SEA and the CityScape. According to Recent Market Reports, The Demand for Luxury Apartments in Mumbai Has LED to a Significant Increase in the Number of Skyscrapers Excited 50 Floors.

Array of Anems

Luxury extends to an unparalled array of amenities that redefine opulence. From Private Movie Theatres and Temperature-Constrolled Swimming Pools to Indoor Golf Simulators and Personal Concierge Services, Developers are Lending No Stone Unturned in Catering to the desires of desires of desire Buyers.

Besides Providing Effortless Access to Services Epitomising Sophistication such as splash pools, private gardens, cellness center, step/ hydrotherapy area, meditation rom, state-up-you Security System, Private Cinema Room, Recreation Area, Sports Court, And Open Deck, Developers are going a Step Further in Choresing Locations that Can Facilite the Best of Bost of BOTH WORLLDs – Exquisite Uraban Uraban Realities and harmonious picturesque retreats. Imagine coming home to a large attached porch lending a Sceneic View of Exped Hills and Clear Blue Skies Beyond Remote-Constrolled Sliders, and A Fully-Equipped Modeernise Kitchen and Jar Citchen Adjacent Room.

Tech-Driven Residences

The integration of cutting-edge technology is redefining luxury living. Smart Homes Equipped With Ai-Driven Automation, Biometric Security Systems, and Virtual Concierge Services are deterging increasing increasing communication common, enhancing bot convenence and security.

The writer is joint managing director, Supreme Universal.