3BHK Luxury Flats in Hyderabad
27 Apr 2022
High-tech luxury flats with excellent amenities and innovative features have become all the rage among prospective urban homeowners in India. These apartments, situated in gated complexes in upcoming urban residential areas, have become extremely popular among people looking to buy their first home or invest in property.
As average income increases and people’s lifestyles shift towards luxury and amenities, flats with upwards of 3BHK in gated communities that accommodate these changes have become extremely sought-after. People want a home of their own with attached amenities—swimming pools, sports facilities, playgrounds, clubhouses, and others—and additional professional security. Such luxury communities provide an intimate township-like feel within a city or suburb, with every possible convenience within walking distance from one’s home.
Home spaces that accommodate WFH
Increasingly, prospective home-buyers are also looking for larger spaces, whether to accommodate work-from-home habits (such as converting extra bedrooms into home offices separate from living spaces), home exercise equipment (converting extra bedrooms into a home gym), or to account for growing family size in the future. This has seen a rise in demand for apartments with 3 or more bedrooms, which are able to provide them this space, especially in cities whose workforce is centered around the IT service industry, such as Bangalore or Hyderabad. This is seen by many experts as a sound investment for first-time homebuyers, who are looking for apartment complexes and communities that not only provide them the amenities they desire, but also the space they might need to grow in the future.
Resurgence of real estate during COVID-19
During the COVID-19 pandemic, many industries have suffered a setback as buyers have deferred their buying decisions due to financial and health constraints. However, the luxury apartment market has been making a comeback, according to a recent FICCI-ANAROCK report—lowered interest rates, reduced stamp duty and registration charges, etc have buoyed customers and home-buyers. Along with this, flexible payment plans and lucrative deals provided by builders and developers have provided incentives to buy, leading to an uptick in people buying luxury 3BHK homes.
The pandemic has also led to an increased interest in larger spaces. With work from home becoming the norm for many young professionals over the past 15 months, people are considering homes with extra space and bedrooms that can be used as home offices and productive work-from-home settings. There is also a growing interest in second homes. These urban professionals are not only looking at homes in the city—which are closer to workplaces should offline work reopen soon—but also homes in suburbs and city outskirts as future homes or investments. Thus, the real estate market for larger homes—3BHK and above—has been appreciating in cities such as Delhi, Bangalore, and Hyderabad.
In Hyderabad, the most lucrative property on the market right now is Lansum El Dorado, a gated community in the works from Lansum Properties, in the up-and-coming location of Narsingi. Lansum El Dorado’s luxury 3BHK flats are not only situated in the new residential and professional hub of the city, mere minutes away from the Financial District but are also surrounded by sprawling greenery and nature in the midst of the city. Our premium 3BHK lifestyle apartments range from 1540-2240 sq. ft. and combine innovation and vision for a lifestyle that will delight new-gen home-buyers. This luxurious home-owning experience includes all world-class sports and recreational amenities, such as gyms or convenience stores, at your fingertips. So come, be a part of the premium lifestyle—call us today for more information about Lansum El Dorado, where every day feels like being on a luxurious holiday!
Sources:
https://www.thehindu.com/real-estate/the-lowdown-on-indias-luxury-home-market/article32927700.ece
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