According to analysts, the annual sales of semi luxury and luxury houses
are expected to grow at a CAGR of over 30%, over the next few years, as
there is constant upgradation of consumer's standard of living and
purchasing power. Some interesting developments being seen in the luxury home market in India are as follows:
1. Sixth sense electronic fittings and fixtures and 80% oxygen-rich environment to boost the health of residents.
2. The per unit ticket sizes in these enclaves would be anywhere in the range of Rs 5-10 crore on average, with select villas even priced at Rs 15+ crore
3. A shift from the typical golf-based projects toward spa-based , wellness, destination-based and experiential themes
4. 'Water' associated development (beach based, sea view, river front) and hill-based (foothills with lake front, hill stations).The water-associated formats might even have water access as an USP with yacht services or private jetty for the residents.
5. Units modelled on east Asian luxury villa developments like in Bali, Phuket, Koh Kood, etc. The key here is fewer units, in 25 to 50 range.
For more on luxury developments in Trivandrum please contact www.nandanamconsultants.in
1. Sixth sense electronic fittings and fixtures and 80% oxygen-rich environment to boost the health of residents.
2. The per unit ticket sizes in these enclaves would be anywhere in the range of Rs 5-10 crore on average, with select villas even priced at Rs 15+ crore
3. A shift from the typical golf-based projects toward spa-based , wellness, destination-based and experiential themes
4. 'Water' associated development (beach based, sea view, river front) and hill-based (foothills with lake front, hill stations).The water-associated formats might even have water access as an USP with yacht services or private jetty for the residents.
5. Units modelled on east Asian luxury villa developments like in Bali, Phuket, Koh Kood, etc. The key here is fewer units, in 25 to 50 range.
For more on luxury developments in Trivandrum please contact www.nandanamconsultants.in
As your premier Newport beach realtor, Sam Ali and his associates will help to pair you up with the perfect home that’s right for you, whether you’re looking for a high-rise condominium with penthouse 360 degree views of the mountains and the ocean or you’re looking to retire in a modern masterwork of luxury.
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