Points To Consider While Looking For A Luxury Home
Tuesday, 23 May 2017

image

 

Buying a home is an emotional experience. While you are busy finalizing the financial details; at the base lies the emotional connect you have a house. This is all the more applicable in the case of luxury house. When it comes to luxury house, there are several parameters that need to be checked and worked upon. This article takes you through some of these parameters that need to be looked into before taking the plunge of buying a luxury flat.

 

Furnishing/Amenities Offered – While a luxury home will have an escalated cost, it is essential to do due diligence of the furnishings (if any) offered. Also a buyer many a times expects some extra set of amenities to be available for the extra price that he/she is paying. Hence, it is crucial to find out the amenities that the house will/will not have and the same goes for furnishing.

 

Rate Offered v/s Resale Value – While a luxury home comes at a higher cost, one has to also keep in mind the resale value the house will get in the future. A buyer may not have decided to sell the house in the future, however it is always better to understand the options available to a buyer before shelling out the steep cost of a luxury flat.

 

Financing Options – A luxury home buyer has the required amount for purchasing the long cherished luxury dream home, however, he should still consider the finance options available to him to avoid going overboard. There could be sudden expenditures which can put a dent on the budget of a luxury homebuyer. In such a scenario, its best to get an additional amount of home loan sanctioned to have some cash handy in case of any exigencies.

 

Know Your Neighbourhood – It is better to get to know the locality a luxury home is situated in along with the connectivity options. Most of the time a luxury house is in a prominent location with good connectivity, however, without generalizing it is best to do ones homework to understand better what the neighbourhood has to offer.

 

Qualifying all of the above requisites is Kharadi Tuscan Estate Signature Meadows from Kolte-Patil Developers Ltd in Kharadi which has good connectivity with EON IT Park, International airport. Tuscan Estate Signature Meadows has unique T-shaped towers with only 3 apartments on each floor. The towers are placed in such a way that they do not intrude into each other’s view, thus giving a good view and also good ventilation.