Business & Finance Renting & Real Estate

Location Is The Usp For Ultra Luxurious Homes

Ultra luxurious homes have always been the demand of High Net worth Individuals (HNIs). As the number of High Net worth Individuals is increasing day by day, demand for ultra luxurious homes is also marching with the same pace. Numerous developers are trying hard to create the special zones and addresses to lure the HNIs. A well-known address and pin code still matters and these individuals are ready to pay extra premiums to get that iconic address.

In Delhi, South Delhi is the micro market of choice for ultra rich individuals from different states such as Delhi, Haryana, Punjab, and Uttar Pradesh with budgets varying from 50-300 Crore. Golf links is the more pulsating zone as compared to Lutyens Zone. Other two key zones in Delhi that attract HNIs are Vasant Vihar and Shantiniketan where demand exceeds the supply.

With ultra luxurious tag what else High Net worth Individuals look for?

High Profile Residents

It makes a different status if you are sharing your neighborhood with tycoons, directors, chairmen or celebrities and also it is good for business. It is a fact that many business deals are cracked at these residential on weekend parties or social gatherings. Jor Bagh and Amrita Shergil Marg are some of the areas in Delhi that pop up into mind for these reasons.

View and Privacy

When defining ultra luxurious homes, a sea view or golf view often hits the mind with high level of privacy. Mumbai is rich in fulfilling the sea view aspect whereas Golf view is the vibrant in Delhi.

Low Density

Rich and famous individuals avoid populated areas and like to live in less crowded areas. For this reason they are ready to pay extra premiums as well.

Easy Access to Citys Heart

One of the prominent reasons to pay highest premiums on ultra luxurious is that they are in vicinity of citys heart. If citys centre of gravity lies in closer proximity then it will surely drag the ultra rich buyers to loosen their pockets. Like CBD of Nariman Point in Mumbai and Golf Course Road in Gurgaon are the centres of gravity of cities and attracts the buyers to invest here.

Ultra Luxurious Experience

Luxury tag goes beyond the designs, the club houses and the fittings and offerings that you use in project. These homes are scrutinized well by the buyers and proper evaluation is done.

It may seem strange that ultra rich individuals are booking the homes in new locations. Traditional locations can be seen as the future prospect of ultra luxurious homes.
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