Looking to invest in a luxurious home? Keep these factors in mind

How does one select an ideal luxury home? What matters more: architecture or builder? Is every beautiful house luxurious? These are some of the common questions that bug almost every individual as he/she plan to invest in a house. While the real estate sector has never been shy of experiments, considerable innovations have been executed in the last decade. Experts at Mantri Developers state the factors one should keep in mind to make the best possible choice:-

• Choice of the Builder

The reputation of a builder speaks volumes about the quality of projects developed by them. Visit projects made by different real estate players and thoroughly survey the market. Majority of homebuyers check the experience, successful projects, and upcoming developments of multiple builders in order to shortlist the ideal one.

• Neighborhood

Are there educational institutions in the vicinity? What is the crime rate of the area? More than its build, the location of a property makes it a ‘luxurious’ one. Neighborhood must include daily life amenities like grocery stores, salon, medical centers, etc.

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• Ambience

This refers to the planning and infrastructure of a builder. For instance, large residential projects may include more than 2,000 apartments. In such cases, planning refers to the number of towers built in the project, number of floors in each tower, and number of apartments on one floor. This plays an important role in designing the infrastructure to greenery ratio for the project manager. Furthermore, luxurious houses are signified by minor details like floor to ceiling height, carpet area, etc.

• Amenities

Luxury projects are primarily identified by the facilities offered to its residents. While gymnasium and swimming pool have become a common part of today’s real estate, projects encompassing grocery stores, pharmacy, salon, and similar needs are preferred by today’s home buyer.

• Build Quality

Construction quality is an important parameter of any real estate project. Engineers at Mantri Developers expressed that an ideal structure is strong, earthquake resistant, includes fire safety equipment and seamless fittings across the house for an overall reliable build quality.

• Security

Security represents quality as well as safety. Instead of grilled windows that give a cage-like look to the house, 24-hour surveillance with armed guards and emergency alarms are the standard examples of security in luxury houses.

Buying a home is a crucial decision as it is meant to last for generations. In order to make a sensible investment choice for the best house in an individual’s budget, it is advised to keep a keen eye on the aforementioned factors.