LUXURY REAL ESTATE: NEVER GOING OUT OF FASHION
Never before has the market for luxury homes been so prosperous. Particularly following the pandemic, there has been a spectacular increase in purchasers' interest in premium and luxury properties. A recent assessment indicates that this segment's sales are at least 1% more than those for affordable homes. This momentum is anticipated to continue, particularly in India's key real estate centres like Mumbai, Delhi, Gurugram, and Noida, through the end of the current fiscal year.
The pandemic is the cause of the rise in consumer interest in the _blank">luxury realestate market. People realised the value of big, open areas since the virus made them spend a lot of time indoors. The pandemic wasn't the only factor in the decline of real estate values. The RBI, on the other hand, began lowering interest rates as part of its attempts to boost the economy. The buyers were able to realise their ambitions of a larger property at reasonably reasonable pricing because to both of these aspects.
Experienced real estate specialists at Urrbo Global Realty powered by eXp Realty offer unmatched services to UHNI and HNI clients for a variety of real estate needs in India and abroad. In addition to providing leasing services, the team is working across the industries of new development, secondary properties, commercial space, and warehousing to acquire and liquidate assets.
Live in the woods yet remain in the city. Customized 3BHK+U, 4BHK+U, and 5BHK+U condos are what set them apart. Just like the floor plan for Godrej Woods, imagine living in a house that is both in the city and surrounded by 600 trees. A house that is as opulent as they get but is situated close to a beautiful urban forest. Welcome to Godrej Woods, an Urrbo property, a location that draws inspiration from nature. Remind someone of your own little forest the next time they brag about having a park in their front yard or a garden on their balcony.
The team has successfully produced results on both exclusive mandate properties and open market properties with a total experience of more than 80 years. We Work, Godrej Properties, TATA Projects, Puri Construction, DLF, Adani, and other market leaders are just a few of the multinational corporations that Team Urrbo has worked with. We constantly work to offer all of our clients and partners a professional and unmatched level of service.
Urban lifestyles are rapidly changing across the nation, and more purchasers are choosing hybrid spaces with more room and higher quality of life. In order to live with their parents, siblings, or even their children, people are also purchasing properties that are two floors or adjacent to one another.
Over the past several years, criticism of the luxury property market has increased. It appears, though, that it has finally discovered its sweet spot. According to projections, the momentum should last for at least the next few quarters given the constantly expanding number of super-rich people in the nation and the NRI buyers' persistent desire.