Skip to main content

Luxury Homes In Mumbai

Luxury is never affordable and to rise above the commoners, one’s status needs to be defined by owning commodities that are defined as luxury. Mumbai is one of the most prominent states in the world for real estate market, living here is expensive but owning a property here now that’s a luxury not everyone can afford. Worli-the hub of luxury apartments Luxury homes are not only defined by their cost but also defined by amenities for example residential apartment in Worli boasts of amenities such as swimming pools, fully equipped gymnasium, modular kitchens, spectacular architecture and an awe-striking sea view with a swift breeze that greets you every evening. These apartments also give you ample space, a luxury that not many experience in this city. World-class lifts, ventilated parking spaces and aesthetically appealing rooftops with beautiful gardens are some of the amenities given to habitants living at residential duplex apartment in Worli . The area is accessible to ...
Post a Comment

Luxury Homes In Mumbai

Luxury is never affordable and to rise above the commoners, one’s status needs to be defined by owning commodities that are defined as luxury. Mumbai is one of the most prominent states in the world for real estate market, living here is expensive but owning a property here now that’s a luxury not everyone can afford.

Worli-the hub of luxury apartments

Luxury homes are not only defined by their cost but also defined by amenities for example residential apartment in Worli boasts of amenities such as swimming pools, fully equipped gymnasium, modular kitchens, spectacular architecture and an awe-striking sea view with a swift breeze that greets you every evening. These apartments also give you ample space, a luxury that not many experience in this city. World-class lifts, ventilated parking spaces and aesthetically appealing rooftops with beautiful gardens are some of the amenities given to habitants living at residential duplex apartment in Worli. The area is accessible to business centre, shopping malls and is close to distinctive residential areas. Worli’s proximity to India’s most famous mall called “The High Street Phoenix” is another reason for its popularity.
extravagant

The stunning beauty of Arabian Sea also attracts residents to Worli. The pristine blue water and the cold breeze that touches your face while standing in your verandah is unrivaled. The weather due to this is much cooler and pleasant as compared to other areas in Mumbai. These apartments spread across acres and are so magnificent to look at that you would never tire of living here. Recently we have witnessed a rise in demand for luxury homes by investors. Now let’s explore the reasons behind this phenomenal increase and how investors can benefit from it.


Reasons for predominant increase in demand for luxury homes

In 2010, we perceived real estate market to be stagnant however Mumbai flat rates escalated even then by 20%. Global Wealth Report states that Mumbai and Shanghai in the next 10 years would closely be priced as high as properties in New York and London. These are the steepest priced properties in the world and Mumbai is among the 20 most expensive cities to live in the world. The reasons for this surge can be attributed to:

·         The increase in high net worth individuals (HNIs): In the last 10 years, we have witnesses a splurge in emerging HNIs and these individuals yearn to emerge in the society as powerful and rich. This can be achieved by changing their lifestyle by owning posh properties at eminent locations.
·         The demand for spacious properties: The rates are aligned according to square feet everywhere and residential apartment in Worli roughly cost around 15-20 thousand per square feet. The houses in Mumbai were thus designed efficiently without giving thought to luxury. HNIs realized their affordability quotient had risen and therefore they wanted to move to a spacious apartment which offered all luxurious amenities.
·         These rates would appreciate rapidly in the coming years and therefore investing in these properties would always be beneficial for investors.


Omkar 1973, designed their super tall structure in Worli keeping in mind the desires of residents. They introduced urban and impeccable residential duplex apartment in Worli that stretches across 3.5 acres and gives its habitants an ecosystem which is environment friendly, centrally located and provides luxurious amenities such cinema hall for private viewing, uber swimming, fully equipped fitness center and a banquet hall for hosting parties. 





Labels:

Comments

Post a Comment

Total Pageviews

Popular posts from this blog

Andheri offers some of the best office spaces for businesses in Mumbai

Over the last few years, the number of HNI investors and corporates who are seriously looking at investing into Indian office space has increased manifold. Mumbai continues to hold its own as India's numero uno office space investment destination, with companies from all over the world unerringly zeroing in on the financial capital. In times of global economic uncertainty, investors flock to markets that have consistently proved their long-term stability and fundamentals. One of the many destinations in Mumbai, Andheri has achieved a top position in the list of desirable office spaces. Systemized local transportation system, commercial centres at the strategic locations, availability of water, electricity, etc. are some of the key factors that have increased the demand in commercial properties in Andheri , Mumbai.  Andheri - Fast developing suburb of Mumbai In the yesteryears, Andheri, known as the 'suburban district’, was absorbed by Mumbai city as greater Bombay....
Post a Comment
Read more

Real Estate Marketing in Mumbai Shifting from Traditional to Digital

The world has witnessed a paradigm shift from traditional marketing to digital marketing in the last few decades. This transition has shown its prominence on things like email communications, web tracking, Pay Per Click (PPC), and Search Engine Optimization (SEO). Digital Marketing has emerged as one of the most effective tools in the field of marketing that is instrumental at engaging clients and generating leads. Apparently, online marketing has brought a big revolution in the real estate sector as well. The industry in India has started taking a progressive step as a part of Digital India. Suppose that you are on a look out for flats in Vikhroli and there is no specific digital media available to give you a clear picture. In this case, the search for a perfect home gets stagnant in the absence of adequate information about the property. Digital Marketing has brought a major revolution in the realty sector. The contribution of this type of marketing has helped the unorganized se...
Post a Comment
Read more

5 Reasons to invest in Mumbai properties

Mumbai is a giant metropolis and one of the major paradise for real estate investors in India. With the burgeoning population of the city mainly due to people migrating from other states, the demand for land and accommodation refuses to die down. Moreover, owing to the “demonetization campaign”, which was recently driven by Prime Minister Narendra Modi – the country-wide real estate market is keen to witness a major boom in the sector. The growth graph of this economy is presumed to escalate in the coming days, which will be reflected in Mumbai’s realty market as well. Housing several multi-national companies and financial institutions, the commercial hub constantly remains under investor’s radar. Moreover, the residential projects in Mumbai is an attractive avenue, even for the potential investors from abroad. Additionally, the city-wide plans of redevelopment draw new investment opportunities by offering benefits like - affordability and good connectivity. Listed below are five...
Post a Comment
Read more