Difference Between Luxury Apartments And Regular Apartments

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Post By By Buniyad


India is a developing country and it ranks 6th in the world economy. After Industrialisation in 1991 the economic growth is rapid, this has resulted in higher per capita income of every individual which has an influence on the purchasing power of the individuals. The excess funds that was available for investment was often used in buying home. So many preferred to buy apartments in Delhi as they have placed home ownership very high on their list of priorities because a self-owned home sets the family free from a lifetime of bondage to landlords, its value lies not only in appreciation but also in the fact that it negates the monthly outflow of rental money for good.

In early 90’s the concept of living in apartments came into existence as availability of land area for constructing houses were rapidly decreasing. Also the change in the family structure from joint family to nucleus family has helped in increasing the demand for regular apartments. These apartments were more affordable especially when it comes to the rent and bills. Also due to its smaller sizes is easy to clean and maintain apartments. These apartments were built in the prime location, so people in capital city preferred to buy apartments in Delhi rather than individual houses in the outskirts.

With the Information Technology boom influencing almost all the other sectors since 2000, Indians are exploring the world and looking for similar amenities in India also. Because of which branded developers started constructing luxury apartments in and around the capital city.  The luxury apartments offer more spacious floor plans, designer fixtures, vaastu complaint rooms, glazed flooring etc.  Luxury apartments with large units and high-end amenities such as a swimming pool, gym, and super market, Doctor on call, Crèche and well-manicured lawns are in great demand today. Younger generation with higher disposable prefer to buy apartments in Delhi in luxury segments only. Luxury apartments offer the highest degree of privacy, less noise and pollution and excellent social interaction platform when compared to regular apartments.

Luxury apartments have greater green cover, high- quality construction, solar panels, and well designed security system so as to provide unmatched living experiences to its customers. Luxury apartments also symbolises the social status of an individual in the society.

Planning to sell Residential apartment in Delhi, look for luxury apartments with all amenities to lead a comfortable life.

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