Best Time to Consider Purchasing a Luxury Apartment

Are you thinking about investing in a luxury apartment? With the increasing availability of luxury projects in Hyderabad, it seems like a good idea. The demand for luxury homes is increasing with the rise in disposable incomes and the number of Indians connected to the global economy through jobs, education, or holiday visits. 

Also, many Indians settle abroad for professional purposes and demand luxury homes if they decide to come back with good savings or after retirement.

What is a luxury apartment?

You cannot define a luxury apartment as such unless it meets certain criteria. It should have cutting-edge amenities, luxury fittings, luxury finishings, exquisite balcony views, and the finest conveniences.

Each real estate company offers a unique set of luxury amenities. The Sukhii Group is one of them. Our latest signature residential apartments project is known as Ubuntu. It offers 70+ signature amenities in the most happening Puppalguda-Nanakramguda locality of Hyderabad. 

It lies very close to the Financial District, HITEC City, top international schools, shopping centres and more. Ubuntu also sports two grand 5-star clubhouses to conduct various functions, conventions, play indoor games and other facilities inside. 

For us, luxury also includes the embrace of nature. With ample green spaces surrounding the Ubuntu community and its vertical hanging gardens, you’ll be spoilt for choice.

When should you consider a luxury apartment?

1. Finances: Luxury apartments come with a premium price tag. Hence, you should thoroughly assess your income, savings, any other assets, and even any pending loans before taking the leap. Also, you should be financially stable enough to pay for other expenses, such as regular maintenance charges.
2. Milestones: If you’ve reached any milestones set for yourself, such as in your career or family, it may be a good time to invest.
3. Lifestyle interests: The current generation has a deeper understanding of luxury lifestyle trends due to worldwide travel and social media. Also, the aspiration for spacious homes with luxury amenities is picking up with better income sources and comfort choices.
4. Location: If a particular locality is developing into a grand hub in the city, it’ll be a great place to invest without delay as the prices may keep appreciating. The scope for rental income is also high with increasing demand in such locations, even if you won’t be able to reside there.
5. Attractive launch offers: Real estate companies may offer very attractive offers during a luxury project initiation. This could be on the down payment, remaining payment or EMIs, special loan offers in conjunction with banks and more. Keep an eye on such offers in your favourite locality.
6. Fittings & technology: Construction technology evolves with time, the latest being RCC frame structures, fire-resistant windows, etc. Luxury fittings such as sanitaryware, flooring, tiling, and others have evolved with time. See if they’re the latest.
7. Reputation: Developers keep on evolving their construction practices and offerings. Study and see if they’re up to date and have delivered their previous projects before signing the cheque.

Ubuntu fulfils all the factors spoken of above. The Sukhii Group is the leading real estate company in Hyderabad. Walk-in to our project site today!