Panchshil Logo
  • panchshil logo Home
  • Business
    • Menu
    • Portfolio
      • Portfolio
      • Residential
      • Office Parks
      • Hospitality
      • Retail & F&B
    • Services
      • Services
      • Project Management
      • Facility Management
      • Fit-Out Management
      • Architecture
      • Residential Leasing
  • About
    • Menu
    • Corporate Profile
      • Corporate Profile
      • Foreword
      • Growth Chronicles
      • Company Profile
      • Group Philosophy
    • Clients
      • Corporate Profile
    • Sustainability
      • Corporate Profile
      • Quality, Environment, Health and Safety
      • Corporate Social Responsibility
  • Alliances
    • Menu
    • Brand Associates
    • Partners
  • Media
    • Menu
    • Awards & Recognitions
      • Awards & Recognitions
    • Media Kit
      • Media Kit
    • Press
      • Press
  • contact
  1. Home
  2. Blogs
  3. Articles

3 Reasons Why Luxury Housing is Achieving High Demand In India.

The luxury housing segment is an important, vast part of the market. It is not only drawing interest from local buyers, but also from foreign investors, especially the NRI homeowners.

A large part of this demand generation can be attributed to large HNI communities, growing awareness in international design & aesthetics, and lifestyles directed heavily by global cultural influences. Not the least, is the influence of location. Locations chosen for luxury developments see a spur of growth in infrastructure and urbanization.


There is great diversity within the luxury segment as well. From high-rises to duplexes and independent construction or even gated communities; developers across the country are now offering high-end features and specifications not just in design and interiors, but also in construction methods, and amenities.

Here 3 prime reasons why Luxury Housing is Achieving High Demand In India.

A. Problem of Plenty

The real estate market is flooded today with choices even in the luxury segment. Developers, to attract gentry clientele, are now developing several luxury projects at the same time. A typical developer's portfolio will see at least 2-3 luxury or high-end projects. With elegant facilities like concierge, home automation, smart interiors, outdoor decks, temperature-controlled pools, and even Olympic-grade sporting facilities, developers are trying to outdo each other. This problem of plenty bodes well for aspiring homeowners and investors.

B. Index of Cost

Pricing continues to be the single largest front where the war for consumers is being fought. Pricing across the luxury segment is subject to variables such as location, amenities offered, brand value, and also, in few cases, availability. As trend, Delhi NCR continues to command more attention, but newer luxury residential capitals like Pune are also serious locations to consider. Pune, in particular, has seen the luxury real estate segment boom. With Panchshil's first Trump-branded residences – Trump Towers Pune, and also Philippe Starck's (of yoo studio) entry with the lavish yoopune property, Pune real estate remains to be more desirable simply because the value offered outweighs the cost.

C. A Matter of Class

Ultimately, luxury residences are about the standard of living. With growing consumer expectation, developers are offering more and more world-class amenities and international standards in construction. Panchshil, for example, is building brand equity by offering the ultimate in luxury living by tying up with international luxury brands to bring the same range of living to India. Associations with Trump brand, Philippe Starck, Jon Hitchcox, Kelly Hoppen and other luxury living giants means that homeowners get to experience a global standard hitherto not available in India.

When looked at carefully this triad of reasons, in its various permutations and combinations, adds to the growth of the luxury living segment in India. The most important factor, of course, is the ability and willingness of Indian consumers to demand and pay for world-class luxury living standards. And when supply can meet demand, it is invariably beneficial to all parties.



  SHARE NOW
Share

Related Articles


Updates image

16

July

Why Real Estate Properties Will Always Be A Good Investment

Updates image

16

July

Things to Keep in Mind When Investing in a Luxury Apartment

Updates image

16

July

How the Internet of Things is poised to Elevate and Transform Any Home into a Luxury Apartment

Portfolio
  • Residential
  • Office Parks
  • Hospitality
  • Retail & F&B
Services
  • Project Management
  • Facility Management
  • Fit-Out Management
  • Architecture
  • Residential Leasing
Corporate Profile
  • Foreword
  • Growth Chronicles
  • Company Profile
  • Group Philosophy
Blog
Media
  • Awards & Recognitions
  • Media Kit
  • Press

Downloads
career
  • Life At Panchshil
  • Job Opportunities

Leadership
Clients
Sustainability
  • Quality, Environment, Health and Safety
  • Corporate Social Responsibility

CONTACT

Corporate Office

Tech Park One, Tower E, 191 Yerwada, Pune - 411 006. INDIA

Mumbai Office

Express Towers, 20th Floor, Nariman Point, Mumbai - 400 021. INDIA



T :+91 20 66473200

F : 91 20 66473101

T :+91 22 66863939

Sales Enquiry :
1800 121 9900 (Toll Free)

Sales Enquiry :+91 897 000 7700

LOCATION ON MAP
Select city :

world map
FOLLOW US ON

panchshil privilage
PANCHSHIL PRIVILEGE
mtc logo
MEET THE CITY
customer icon
CUSTOMER LOGIN
real estate
REAL ESTATE CONSULTANT
Residential

Residential

  • SoHo
  • YOO Villas
  • yoopune
  • Trump Towers Pune
  • Avant Garde
Office Parks

Office Parks

  • Panchshil Business Park
  • EON Free Zone
  • Business Bay
  • Tech Park One
  • World Trade Center
Hospitality

Hospitality

  • JW Marriott
  • Courtyard by Marriott
  • Marriott Suites
  • Oakwood Residence
  • Double Tree by Hilton
Retail & F&B

Retail & F&B

  • Balewadi High Street
  • ICC High Street
  • The Pavillion
  • Cityhub
  • Spazio

Privacy Policy

Terms & Conditions

Disclaimer

Copyright, all rights reserved

SEEDED BY THE NEON TREE

Disclaimer

This disclaimer ("Disclaimer") is applicable to the Website. By using or accessing the Website, you agree, acknowledge and accept all the terms and conditions, without any qualification or limitation. You acknowledge and agree that the Company reserves the right to add, alter or delete material from the Website at any time and may, at any time, revise these terms and conditions without prior notification. You are bound by any such amendments and the Company therefore advises that you periodically visit this page to review the current terms and conditions for usage of the Website. You agree and acknowledge that it is your responsibility to stay updated with the terms and conditions of the Website.

The Website and its content is provided with all faults on an "as is" and "as available" basis. No information given under this Website creates a warranty or expands the scope of any warranty that cannot be disclaimed under applicable law. Your use of the Website is solely at your own risk. This Website is for guidance only. It does not constitute part of any offer or contract. Design & specifications are subject to change without prior notice. Computer generated images are the artist's impression and are only indicative of the actual designs.

Communication, content and material within the Website may include design, imagery and conceptual representations of the projects / products under development. The same are being modified or even changed entirely, to meet the terms, stipulations and recommendations of the Real Estate Regulation Act, 2016 (“RERA”) and rules made thereunder, and may vary from content available as of date. You agree and acknowledge the same and that this content is subject to change at any time. You agree and acknowledge that you are solely responsible for any action you take based upon this content and that the Company is not liable for the same. You are therefore required to verify all the details, including area, amenities, services, terms of sales and payments and other relevant terms independently with the sales team/ Company prior to taking any decision for buying any unit(s) in any of the said projects. Till such time the details are fully updated, the said information will not be construed as an advertisement. To find out more about a project / development, please telephone our sales representatives or visit our sales office during opening hours and speak to one of our sales staff.

In no event will the Company be liable for claim made by the users including seeking any cancellation for any of the inaccuracies in the information provided in this Website, though all efforts have been made to ensure accuracy. The Company will under no circumstance be liable for any expense, loss or damage including, without limitation, indirect or consequential loss or damage, or any expense, loss or damage whatsoever arising from use, or loss of use, of data, arising out of or in connection with the use of this Website.