5 THINGS TO CONSIDER WHILE BUYING A LUXURY APARTMENT IN BENGALURU
Owning a luxury property is a dream for many. Choosing the right luxury home involves a well-thought out decision and meticulous thinking. The property transaction deal is an expensive one and usually a one-time investment for the majority of buyers. So, below jotted are the top five things to consider before inking the agreement on your luxury apartment purchase in Bengaluru.
LOCATION, LOCATION, LOCATION
Location is one of the key aspects while choosing a luxury apartment in Bengaluru. Apart from the characteristics such as layout, size and design of the property, the accessibility of the property with the rest of the city plays a vital role. While the apartment should be close to important places like markets, metro stations, business districts and railway stations etc., it should not beset with traffic congestion as it doesn’t provide a luxurious experience. If the project lies in the peripheral areas of the city and provides all the state-of-the-art amenities but lags behind in social infrastructure of the neighbourhood, the investment potential of the property is likely to plunge significantly.
TOP-NOTCH AMENITIES
Over-the-top amenities help a luxury apartment stand out, especially in a cosmopolitan city like Bengaluru. One should look out for projects with state-of-the-art facilities that offer maximum comfort. From outdoor amenities such as landscaped gardens, private swimming pool, terrace garden, clubhouse, 24-hour security and gymnasiums, to indoor amenities such as home automation, high-end kitchen and bathroom fittings and imported flooring materials- there is no end to the list of high-end lifestyle amenities that luxury apartments offer.
APARTMENT AREA
Spaciousness is one of the hallmarks of a luxury apartment. A project is classified as a luxury when the number of dwelling units in an area is very minimal and there is lots of open space. When purchasing a luxury apartment, one needs to understand the below three different area terms.
- Carpet Area: The actual area of the apartment
- Built-up Area: The total area occupied by the carpet area and the area occupied by the apartment walls
- Super Built-up Area: The sum of the carpet area, built-up area and the proportionate of the common areas of the residential complex
Do proper calculations and be aware of the price of the land per square feet, which is usually calculated based on the super built-up area in Bengaluru.
SAFETY & SECURITY
Safety and security features are to be given the utmost importance while choosing a luxury apartment. Most of the luxury apartments provide 24×7 monitoring and surveillance, home automation systems and uncompromising human security. The safety and security of luxury apartments are applicable not just for the physical safety of the inhabitants, but also to that of the purchase and transaction as owning a luxury home entails a major financial transaction.
THE RIGHT DEVELOPER
The reputation of the developer or the developer’s track record is a must check before signing on the dotted line for any luxury apartment. The developers who lack experience in developing luxury properties may/may not be able to deliver the quality that the elite customers expect. Hence, it is imperative for the buyer to check out the previous luxury properties developed by the real estate player.
With the rise in demand for luxury housing in Bengaluru, the word ‘luxury’ is being abused by several residential project developers. Therefore, a tip to all the home buyers would be to do thorough research on the luxury quotient of the shortlisted projects and finalise on the property that is worth every penny of the weight it bears in your pocket.
Investing with a reputed builder ensures quality construction and excellent Return on Investment (ROI). BHADRA Group, one of the most trusted and leading builders in Bengaluru offer amazing luxury apartment projects in Basavanagudi, Banashankari, MG Road, Mahalakshmi Layout and Haudin Road in the heart of the city. Built for the elites, projects by Bhadra Landmarks are redefining the experience of luxury living and are bound to leave you mesmerized with state-of-the-art amenities, finest finish and the best of architecture. For further information on the projects, get in touch with us to find the right home that matches your taste and requirement.
