Properties

Component properties explained

8 Reasons Why People Choose Luxury Apartments

by
piramal aranya

Everyone wants to live in a top-notch place jam packed with world-class facilities and services. A spacious place with a beautiful outlook, state-of-the-art architecture, and super comfy too is a dream for many of us. If you are also fond of extravagance, luxury and comfort, this blog will definitely interest you. Here, we have discussed major reasons why you should check out the listings for luxury apartments in Mumbai for sale, choose the best out of the lot, & delve into splendour.

Luxury Apartments

Luxury apartments are those apartments that are meant to provide their residents with high-end levels of comfort, convenience and quality. Luxury apartments are expansive abodes located in premium locations fully equipped with housewares, appliances, and concierge along with dedicated parking slots.

Reasons Why People Choose Luxury Apartments

The main reason why people choose luxury apartments is that they scream perfection and are loaded with facilities and benefits. Some other reasons why people choose them are:

Exceptional Privacy

If privacy is your biggest concern, then a luxury apartment is all you need. A vast majority of people choose luxury apartments because of the freedom, privacy and security that comes with them. When you own a luxury apartment, you can comfortably swim in the pool, lounge on your private deck and even sunbathe in your personal green area. 

Private Fitness Centres & Gym

Another added perk of living in a luxury apartment is that you get access to an exclusive fitness area that only the complex residents can access. Likewise, easy access to an in-house sauna, spa and gym are other advantages the residents get to avail. 

However, this isn’t all that you get to enjoy when you live in an extravagant apartment. These fitness centres also have special workout classes that you can participate in, such as yoga, kickboxing and more.

High-end Living

The main reason why most people prefer living in luxury residences is because of the upgradation of their living standard. When you move into a luxurious apartment, your standard of living is immediately raised. You get more chances to blend in with the elite than you can get anywhere else. They get more chances to indulge in fancy gatherings, which increases their social circle.

Additionally, these luxury residences usually have entertainment rooms and halls that the occupants can use for holding events and gatherings. Apart from this, the residents also have access to in-house café, clubrooms, outdoor bonfires etc.   

World-Class Amenities

These residences are well equipped with state-of-the-art facilities that you won’t find in regular apartments. Some of these abodes are fully furnished, while others have fully functional kitchens with already fitted appliances. Other than this, the occupants of these residences get to enjoy free valet, trash pick up, etc. Additionally, these residences are pet friendly and have no restrictions when it comes to your little munchkin. Some even offer dog-walking facilities and have in-house pet day-care centres where you can leave your piece of heart when you’re going out of town.

Location

These high-end dwellings are usually located in premium locations within the city centre or in posh suburbs near the main city. Regardless of where your apartment is located, you can rest assured that you won’t be disturbed. These residences have sound-proof rooms and even the windows have double-paned glass, which makes it impossible for any noise to come in and bother you. 

Foolproof Security

The main reason why most people prefer luxury apartments is because of the flawless security they provide. Not only do these residences have 24/7 security guards, but even the windows and doors of these residences have built-in alarms that alerts the security in case of a breach. Even all the entrances and alleys have surveillance cameras that will alert the security in case of any abnormal movements.

Dedicated Parking Spaces

When you own a luxury residence, you no longer have to worry about the parking space because occupants of these residences have their own dedicated zones. All luxury apartments come with their personal parking space that only the residents can access. Some residential complexes even have additional parking towers where you can park your extra vehicles and use them for parking your guest’s cars.  

High Rental Yields  

Another added perk that you get to enjoy when you invest in a flat for sale in Byculla is the high rental yield and ROI. These days most people, mainly corporate sector travelers, tend to rent a luxury apartment instead of a hotel room. By doing this, they get more freedom, exclusivity, and access to amenities.

Bottomline

Now you know why people prefer luxury apartments over regular ones. Because of the instant up-gradation of lifestyle that these apartments offer, they have become a huge buzz in the market. So, if you want to enhance your living standard consider moving to one of these residences.          

Slow London housing market with Stagnant Prices

by
Slow London housing market with Stagnant Prices

As the capital’s property market remains “sluggish,” it takes longer to sell a home in London than anyplace else in the UK. The same goes for a Flat for Sale in London as well.

The average period between promoting a house and accepting an offer increased from 55 days in August to 58 days in September, up from a 12-month low of 48 days this time last year.

This was more than three weeks longer than the rest of the country’s average. The quickest time to find a buyer was in Scotland, which took 24 days, and the South West, 33 days.

However, according to Rightmove’s newest property price index, which analyses asking prices, this reflects a more robust supply-and-demand balance in London than anywhere else.

The rest of the country remains in the grip of a post-lockdown supply crunch. The quantity of properties coming on the market against the demand in the capital is more fairly distributed.

This explains the 0.8% increase in asking prices in London in the year to September, bringing the average cost to £638,285.

Barking and Dagenham saw the most significant yearly price increase of 5.7% to £346,594, followed by Bromley (4.8%) to £585,876).

This would appear to imply that the outlying areas are in more demand than the interior districts, yet Westminster comes in third with a 4.1% increase to £1,366,817. Kensington and Chelsea, the most expensive borough, is in the centre of the borough list of asking price inflation. Hence, Flat for Sale in London is experiencing difficulty.

British house prices break records

Rightmove recorded a 5.8 per cent increase in asking prices in the previous year to £338,462 — an all-time high for England, Scotland, and Wales.

The highest increase came in Wales, where asking prices increased by 9.5% in a year, and it takes 35 days to sell. Prices in the East Midlands have also risen (9.1 per cent).

“Despite the customary summer holiday slump, heated rivalry among buyers for the record low number of available houses for sale persists,” Rightmove’s Tim Bannister said. “Buyer demand per available home is more than double what it was pre-pandemic.”

The growth of the “power buyer” also contributes to this imbalance. The power buyer has previously sold their property and has cash in the bank. They outnumber those in a chain fighting for the same characteristics. First-time buyers who have a mortgage in place are also in a good position.

However, there are early indications that the supply-demand mismatch in the UK may be stabilizing. The number of new listings was 14% higher in the first two weeks of September on average across the country than in the previous two weeks of August. So, the Flat for Sale in the London market is going through a recession.

“As we reach the busy autumn period, there are early signs of additional houses coming to market, which may help to rebuild buyer options gradually,” Bannister adds.

The nationwide asking price growth is also levelling down. Although the increase over the previous year to September is significant, the monthly adjustment is just 0.4% higher – a number influenced by a subdued London market.

Spectre – Digital Transformation

Spectre is the premier teaching and generating tool in the United Kingdom. It contributes to the digitalization of real estate. Spectre, which is used by many of the most excellent estate agents in the UK, will help you improve market share while saving time by automating the canvassing of your rivals’ properties.

Since its inception in 2015, Spectre’s objective has been to automate three processes. These are: the process of earning second instructions, letting agents focus their time and resources where they are most needed.

Unfortunately, the best estate agent does not usually get the first call (unfortunately). As a result, more than half of vendors change agents before selling effectively.

Choosing spectre estate agents is a wise decision.

We are convinced that Estate Agents play an essential and irreplaceable role in the home-moving process. Spectre aims to create technologies that will enhance, streamline, and simplify estate agent work. This will allow agents to spend more time providing the personalized experience that home movers appreciate the most.

Ctrlr