A Luxury Home Must Have These Features or It's Useless!

Despite its gradual growth, there is no lag in luxury in India. According to Forbes, in 2017, India boasted 101 billionaires, standing tall in the global market.

Additionally, with nearly 2.36 lakh millionaires, India ranks fourth globally in terms of wealth attraction. In such a prosperous country, the real estate sector is witnessing various levels of growth, with no shortage of luxury homes.

What features do billionaires and millionaires expect in a luxury home? Beyond everything, the features listed below are what truly define a luxury home.

Technological Prowess

Every real estate developer and homebuyer wants to be a pioneer in the technology used in a luxury home. Hence, automation is a key word.

Depending on the property price index, the level of technological advancement varies. Energy-efficient homes, smart lighting and audio systems, climate-controlled homes, and smart bathrooms are all crucial features in modern luxury homes.

Quality Construction

The quality of raw materials, fittings, decorative items, and accessories define a luxury home. Not just construction, but interior and exterior makeovers, kitchen and bathroom renovations, reception and design renovations, or architectural makeovers are all crucial. Developers should also be involved in providing such sequential improvement services.

Location

Even if you have a home in prime locations like Mumbai, the area where the luxury home is situated is the fundamental need. If you're looking for an apartment over 3,000 square feet in Mumbai, be prepared to spend between 10 to 30 crore rupees or even more.

Surroundings

A luxurious surrounding attracts some people's attention. Therefore, luxury developers are cautious about maintaining brand value targeting these important individuals. Since residents emphasize privacy, the concept of one home per floor has become popular over time.

Trend-Setter

Adorn your space with amenities like a plot, kitchen, swimming pools, fitness centers, and entertainment zones.

Each of these should be a trendsetter. Price always maintains the quality of amenities. Therefore, a swimming pool in a luxury project is not the same as a swimming pool in an intermediate project. Thus, luxury projects add allure, while a standard project does not. Similarly, home offices, outhouses, or an outdoor relaxation area are rare facilities in homes, thus more expensive.

Entertainment at Home

An entertainment area with a home theater and a private gaming zone is a new addition to a luxury home. Recent market gadgets should cater equally to both young and old. The primary aim of this feature is to create a space where the homebuyer never feels the need to leave the luxury of their home.

Priority on Fitness

Luxury homes often come with a private gym. The wealthy prefer to work out in their home gym as they do not have to share equipment with others.

Luxury homes include a separate room with all necessary equipment and weights, along with a television, wireless speakers, and other devices to facilitate comfortable workouts.

Up-High

A private lift reaching up to the living room is one of the most popular features in luxury homes. Now, a lift is a mandatory requirement in an apartment, penthouse, or mansion.

Spacious Private Area

Bedrooms add significant value to luxury homes. As we know, a master bedroom should be large enough to accommodate a king-sized bed. All high-tech features with automation systems can be included here.

An extension of the master bedroom is a walk-in closet. It allows you to store all your expensive designer clothes, shoes, and more. This closet will be well-equipped with ample lighting, ceiling-to-floor mirrors, and the best cabinets.