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High-class Apartments - A Future Big Boom

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High class Apartments

The unpredictable nature in the property business has witnessed a lot of lows and highs in the sale of properties. Although believe the real estate marketplace is in the slight slump nationally, certain cities are already able to defy odds and post good results.

In India, the town Kolkata witnessed an increase in the sale of housing units in the last quarter. The location saw a 32% increase in units sold in comparison with Q2 around 2015, based on data collected from a realty research agency.

Other reports suggested how the market saw a 17% rise in the sale of properties in all the eight metros combined. Researchers stated the reason for the growth in sales over the last quarter continues to be as a result of stop by prices of projects.

Can luxury apartments function as game changer?

While real-estate marketers have tried their best to build projects which focus on most, there are a number of projects coming up which target just a handful of clients. Luxury apartments and complexes are increasingly being built by property developers which projects are incredibly expensive in comparison to the other projects but justification.



Real estate marketers are getting top designers and designers from across the globe to help you design and execute these projects. Most complexes falling within the luxury category feature large sized apartments and duplex flats plus a range of great amenities.

Although expensive, luxury projects are noticed as a jewel inside the crown are the real deal estate developers, something that might help them stand out from competition and hopefully generate lots of revenue from sales.

Most regular apartment complexes feature 2 BHK and three BHK flats but luxury projects feature larger flats having 4 BHKs and more to offer to prospective buyers. These flats, based on the city, cost anywhere between 2 crores to 50 to 60 crores and take more time to offer than non-luxury apartments. Obviously any good single flat sold earns a great deal of money for that real-estate developer.

While residents get the best facilities and cherish the grandeur of just living over these luxury apartments, situation a threat for the real estate property developer - the flats usually stay unsold for lengthy periods of time. In a industry which has numerous projects approaching, the call to have a very project that provides the developer a unique identity is essential. Since the rewards for constructing a luxury project outweigh the potential for loss involved, it will bring about a much better quantity of such projects coming up in the foreseeable future.

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on Oct 02, 19