Delhi-NCR, especially Gurugram has emerged as the hub of luxury housing especially after the pandemic. Factors like increasing disposable income, want of an affluent lifestyle and infrastructure developments like Dwarka Expressway are driving up the demand for luxury housing in the region.

In the first half of 2024, according to JLL, Delhi NCR led the luxury sales among India’s top seven cities, accounting for 65% of the market share totalling 4,763 units sold. In H1 2024, approximately 19% of the total homes sold in Delhi NCR were in the luxury segment. A majority (81%) of the luxury homes sold in the region were in Gurugram.

While luxury homes, from a living point of view offers a variety of benefits, the investment aspect is also lucrative in the way that it offers faster resale value and price appreciation.

Homebuyers and investors must consider the following before making investment in the luxury housing space for not just the experience of an elevated lifestyle but also growth in investment.

1. Location:

Location continues to be the driving factor before a home purchase decision is made. The self-sustainable nature of the micro-markets that are evolving in the recent past makes homebuyers’ choice of location must easier. The only question that a homebuyer confronts is, which micro market hold better potential than the other? For example, Golf Course Extension Road provides excellent connectivity to all employment hubs, an easy way in and out of the city through Sohna Elevated Road, Delhi-Mumbai Expressway, SPR and Dwarka Expressway. The enhanced accessibility to Indira Gandhi International Airport (IGIA) also makes it an idea location. The presence of healthcare facilities like Medanta, Fortis, Max, CK Birla, Pratiksha; schools like DPS, Amity, GD Goenka, The Heritage, Pathways, St. Xavier’s and Scottish High; and Hotels like Taj, Double Tree by Hilton, Crowne Plaza, Lemon tree, Country Inn & Suites, Grand Hyatt makes it an ideal location for habitation but also entertainment and recreation.

2. Bigger Home:

Opulence has given way to bigger homes where residents can not only enjoy their privacy and indulgences but also socialise with friends and family. They not only cut down on the noise from the outside and makes the home feel like a private sanctuary. They also allow you to pursue hobbies and help cut down on work stress. Besides, the appreciation is higher in such homes.

4S Developers have launched 3&4 BHK uber green residences 4S The Aurrum in sector 59, Golf Course Extension Road. It offers 270-degree view of the Aravalis, 80% open and green space, low-density living, expansive balconies, 2 apartments on each floor etc. in one of the tallest high rises in the region.

3. Low-density living

Low-density living is fast emerging as a go-to feature when it comes to investment in luxury homes. The concept of less people on a particular floor or in an apartment complex allows for greater and fruitful interactions with not just humans but also nature and birds, less pollution and far greater community-hood. 4S The Aurrum offers 270-degree view of the Aravalis, 80% open and green space and low-density living. The unhindered views of the Aravalis and the fact that no project shall obstruct the purity and serenity of your home makes it an ideal investment where generations will witness the goodness of life and Nature.

4. Developers’ track-record:

4S Developers boasts of an outstanding record when it comes to delivery. With 25 lakh sq. ft. of residential area delivered and lakhs more in the under-development stage, the company maintains a healthy financial record and known expertise in conceptualising, executing and delivery projects of massive scales.

Conclusion:

Before buying a luxury home, there are several factors that homebuyers must consider besides location. The benefit of appreciation no longer is driven by a project being strategically located. Its construction quality, its tenacity to stand and pass the generation test, the amenities and facilities that indulge every age group and the allure of Nature that defines and determines human philosophy well-being.