Indian housing real estate industry: a glimpse into current trends and prospects beyond 2022!
Indian real estate housing industry: a glimpse into current trends and prospects beyond 2022! The Indian housing real estate report has been published for Quarter 3, 2021, and the excerpts below give us a summarized perspective of the housing segment. These indicators and perspectives give us a positive glimpse into the future of Hyderabad housing real estate sector. Growth of the housing sector is complemented by corporate environment which in turn positively impacts the demand for office-spaces as well as residential units! Construction industry ranks third in terms of direct, indirect and induced effects to the Indian economy. In India, the real estate sector is the second-highest employment giver, second only to agriculture. No wonder, even the NRIs are projected to favour and invest in Indian cities like Bengaluru, Hyderabad, Ahmedabad, Pune, Chennai, Goa, Delhi and Dehradun. Market Size of the Indian housing real estate industry Real estate sector in India is expected to reach a market size of US$ 1 trillion by 2030 It will contribute 13% to India’s GDP by 2025 As ICRA estimates, more than Rs. 3.5 trillion (US$ 48 billion) will be raised through infrastructure and real estate investment trusts in 2022 alone As of now, Information Technology (IT/ITeS) occupied 41% share of office spaces in 2020, followed by BSFI and Manufacturing sectors with 16% each Housing launches were approximately 90,000 units across the top eight Indian cities in Q3 & Q4 2020 Residential home sales across eight major cities in India jumped by over TWO TIMES to over 60,000 units in Q4 of 2020 compared with 33,403 units in Q3 of 2020 Signifying healthy recovery has happened post the strict lockdown imposed in the second quarter due to the spread of COVID-19 According to the Economic Times Housing Finance Summit, 3 houses are built per 1,000 people per year compared with the required construction rate of five houses per 1,000 population Current shortage of housing in cities is approximately 1 crore units in India 2.5 crore affordable homes are needed by 2030 for the country’s urban population Current trends & future prospects: pan-India indicators There has been a rise in demand for office as well as residences in 2021, and this will continue beyond 2022 According to Colliers India, Indian housing real estate sector will increase by 4% to reach Rs. 36,500 crore (US$ 5 billion) in 2021 Investors will continue to capture attractive valuations due to the pandemic and post-pandemic optimism Private equity investments in Indian real estate crossed US$ 3 billion Q1 & Q2 2021, which is twice that of the same period in 2020 In the top seven cities, housing sales has increased by 29%, and new launches will go up by 51% in the Q1 of 2022 In May 2021, Blackstone Real Estate acquired Embassy Industrial Parks for Rs. 5,250 crore (US$ 716.49 million) According to Anarock, housing sales in seven Indian cities increased by 29% and new launches by 51% in Q4 FY21 over Q4 FY20 Demand for housing real estate revived in Q2 2021 with homebuyers taking advantage of low mortgage rates and offers/incentives by developers Residential sales in this quarter recovered to >90% volumes across the top seven cities in India In 2021, working remotely was adopted by Indians with dexterity, and work-from-home designs are now being incorporated. In future, work-from-home will be a norm rather than an exception Demand for affordable houses below Rs. 40-50 lakh is expected to rise in Tier 2 and 3 cities. This will mean an increase in property prices in these smaller Indian cities In April 2021, HDFC Capital Advisors (HDFC Capital) joined hands with Cerberus Capital Management (Cerberus) to create a platform focussing on high-yield opportunities in the residential homes in India. This platform seeks to purchase inventory, and provide last-mile funding for under construction residential projects across India The residential sector will grow with the central government aiming to build over 2 crore affordable houses in urban areas by 2022, under Pradhan Mantri Awas Yojana (PMAY) This will in turn increase the demand for commercial and retail office space Flow of FDI in Indian real estate is encouraging with increased transparency Indian real estate is expected to attract a FDI over US$ 8 billion by 2022 These are just a few POSITIVE indicators that point to a promising future of the Indian housing real estate industry. The prospects of Hyderabad are poised to be equally bright considering these facts and figures! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Buying a 3 BHK flat in Hyderabad? Get the most out of your home!” Click here
Is it really worth buying a 3 BHK apartment for more than INR 1 crore in Sainikpuri?
Is it really worth buying a 3 BHK apartment for more than INR 1 crore in Sainikpuri? An average 1600 square feet 3BHK apartment in Sainikpuri could cost in the range of Rs 65 to Rs 75 lakhs. These regular apartments are meant for the middle to the upper-middle-class segment of home buyers. So, why should anyone pay Rs 1 crore for an apartment in Sainikpuri? If an apartment in Sainikpuri is priced at over Rupees 1 crore, then we need a sound justification for it! Let us ask ourselves: What should you be getting if you are spending over Rs 1 crore for an apartment in the lush-green locality of Sainikpuri? What kind of an apartment deserves to cost over Rs 1 crore in Sainikpuri? What are the factors or features that justify this price point? Here we are discussing 4 major reasons why a 3BHK apartment in Sainikpuri could cost over Rs 1 crore. 1. Emergence of ‘one apartment per floor’ spacious exclusive homes in Sainikpuri These exclusive-apartments are meant for home-buyers who are looking for an elevated lifestyle! These units give you ‘5 apartments on 5 floors’ made in a standalone building over a 400-700 square yard residential plot in Sainikpuri. You also get exclusive parking, elevator-access, and power back-up among other things The buyers of this type of configuration are more luxury-conscious rather than cost-averse Exclusivity and low-density living are the rewards of this configuration since you virtually get to own the entire floor! With apartment admeasuring over 2000 sft, it would easily go up to Rs 1.5 crore…since the cost of land in Sainikpuri contributes to a significant chunk of Rs 1 crore plus residence As these independent-floor apartments stand-out in exclusivity and luxury, they qualify to be worth more than Rs 1 crore in price in a beautiful locality like Sainikpuri 2. Sainikpuri emerging as a posh locality with increasing land prices Sainikpuri, located in the North-Eastern part of Hyderabad is increasingly becoming a preferred destination for home buyers Consequently, the land prices of Sainikpuri are touching Rs 50,000 per square yard While this is still quite reasonable as compared to the Western Hyderabad (IT corridor), the increase in prices is bound to happen in Sainikpuri area Sainikpuri is fast becoming scare in available land-parcels In the years ahead, the number of 3 BHK spacious homes costing over Rs 1 crore will be much more in the offering Plus, the demand of home buyers in this scenic locality is only going to further increase in the coming years 3. Superior construction-quality and high-end specifications for a discerning customer The price of apartment goes over Rs 1 crore the moment a builder makes homes for a customer segment that seeks superior construction, better fixtures, premium-accessories, and high-end specifications When the home buyer wants top-of-the-line construction quality, the per square foot prices goes-up by Rs 500 per sft to Rs 1000 depending on the extent of luxury being offered This luxury element is visible in the ‘specifications’ of the project. Whether it is plumbing, electricals, the flooring, the doors or windows, finishing, and every element of specifications would ooze luxury brands in the above-average customer segment This is why these 3BHK luxury apartments in Sainikpuri or Yapral would range between Rs 5500 to Rs 6000 per sft. So, a 3BHK unit is over 1800 sft in area would cost over Rs 1 crore 4. Lifestyle enhancing high-end ‘amenities’ adding to the cost The cost of amenities like branded elevator-access, security, common areas etc. also contributes in making these apartment residences cost above Rs 1 crore in Sainikpuri In gated-community residential projects, the amenities are more such as multi-layered-security arrangements, home-automation options, contactless technology at use, landscaped gardens, play areas, clubhouse, spa, gymnasium etc. All these add-up pushing up the cost of apartments Customers are nowadays demanding 2 car parking areas to be allotted, that too adds to the price of the dwelling-unit As we can deduce, apartments in Sainikpuri costing over Rs 1 crore are either MORE SPACIOUS or belong to the LUXURY SEGMENT. With the above perspective, a prospective home buyer can assess a Rupee ONE crore plus apartment in Sainikpuri with complete clarity and conviction. After all, you need to make sure that your money is well spent for a better lifestyle, well-being, and overall happiness of your family! To quote Suze Orman– “Happiness is not a luxury. It is a necessity. When we are happy, we are in the best possible place to be good to ourselves and those we love.” ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Buying a 3 BHK flat in Hyderabad? Get the most out of your home!” Click here
Is ₹1 Cr Flat in Hyderabad Worth It? Market Trends 2025
Explore 1 Crore Flat in Hyderabad: Smart Investment Guide | Avisun Properties Safe to buy an INR 1 crore flat in Hyderabad, or will prices drop? The housing market indicators do NOT suggest that the residential property prices would come down in the future in Hyderabad. Two basic reasons for this are that the cost of construction, as well as the cost of land in Hyderabad, continue to appreciate despite the pandemic. Additionally, the overall sentiment is now upbeat with the COVID vaccinations happening at an ever-increasing pace in Telangana. So, a home buyer need not hesitate while booking a 1 crore apartment in Hyderabad! To understand this better, let us explore residential real-estate trends at both country-level as well as specific to Hyderabad, Telangana. 1. Residential real estate trends across India Contrary to the popular belief of the property market in India crashing due to multiple waves of the pandemic, the property rates in most Indian cities increased during July-September 2021. Overall trends indicate prices of homes won’t go down across India, including Hyderabad 2. Residential real estate trends in Hyderabad, Telangana The above factors give a clear picture of residential property markets in Hyderabad. Hence, while any sharp increase in prices is unlikely, property prices might continue to maintain the same level, or increase marginally by the mid of 2022 in Hyderabad. Hyderabad property market remains vibrant, and one can safely buy a Rs 1 crore property without worrying about the possibility of prices falling. The overall sentiment is vibrant in Hyderabad, and an investment in a property would be a good decision, both financially as well as emotionally! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about “Buying a 3 BHK flat in Hyderabad? Get the most out of your home!” Click here
7 Reasons buying an under construction apartments like ‘exclusive floor apartment’ is a wise move
Reasons why buying an under-construction ‘exclusive floor apartment’ is a wise move: a perspective for spacious 3BHK home-buyers in Hyderabad! An under construction apartments property gives us enough time to think and choose what we are looking for. This makes all the more sense for a ‘one apartment per floor’ configuration where the ‘entire floor belongs to you’. These ‘one apartment per floor’ exclusive apartments are built upon a small plot size (usually 400 to 700 square yards). Obviously, these residential units are more spacious (upwards of 2200 sft), and cater to the demands of a premium segment of buyers who seek a discernible lifestyle. For instance, in a locality like Sainikpuri, a ‘regular apartment’ may cost about Rs 4200 per sft, but the ‘exclusive floor, independent floor home’ could cost about Rs 5800 per sft. Certainly, the specifications and luxury element of these units is much higher than regular standalone building apartments. Plus, the builder makes ‘only 5’ of these luxury apartments on these smaller residential plots in good and well-established localities. Consequently, with lesser units to offer, these luxurious homes get sold much faster than the usual ‘cluster-type apartments’ (regular flats) where you have many families sharing the common-floor plate. Whereas, with ‘one apartment per floor’ residences, you are the undisputed King of your entire floor– with no interference from anyone on your floor, and enjoying complete privacy! Evaluating under-construction properties in this exclusive segment means that you are not in a hurry to get possession, and want to have the very best for yourself! This helps you explore your options well, and choose what works best for you! 7 reasons to consider booking an under construction apartments like an ‘independent floor’ home 1. More economical to be an early bird 2. Flexibility to choose unit of your choice 3. Loan amount outflow is slower 4. Price increases can be avoided 5. Design flexibilities can be accommodated easily 6. Prospects of appreciation 7. The joy to see your home being constructed & inspected These are 7 undeniable reasons why buying an under construction apartments like ‘one apartment per floor’ property in Hyderabad is a wise proposition. To know more about ‘Regular 3BHK flats’ Vs. ‘One apartment per floor’ 3BHK units in standalone buildings… Click here
Expectations for 3 BHK one apartment per floor for homebuyers in Hyderabad
Expectations of home buyers in Hyderabad seeking 3 BHK apartments independent floor! After interviewing many potential home buyers of spacious 3bhk one apartment per floor homes over the last year. Given below are factors that homebuyers expect from their spacious apartments. With a willingness to spend more, home buyers ask for more. This is why the 3BHK ONE APARTMENT PER FLOOR units are now receiving a lot of attention from homebuyers in Hyderabad. Is buying a more spacious home a new-found priority now? We targeted speaking with people who could comfortably stretch up to a budget of Rs 1.5 crore to buy an ‘independent floor’. The objective was to find out what motivates this segment of home buyers who are willing to spend more and yet did NOT want to go for a regular cluster-apartment format. By cluster-apartment format, we mean apartments where you have 2, 3, or more units on a single floor. Simply put, you have many neighbors on the floor you live in. However, the ‘independent floor units’ are big apartments where you OWN THE ENTIRE FLOOR, and you have NO neighbors on the same floor. During our interaction, we realized that post-COVID, many home buyers with a budget of up to Rs 1.5 crore were considering OWNING A BIGGER HOME upwards of 2200 square feet. Plus, these home buyers want a low-population density locality. Those who could afford a Rs 1.5 crore residence wanted something more! For instance, in Yapral, Sainikpuri locality, you find many such ‘independent floor’ spacious as well as luxurious 3BHK options (upwards of 2200 sft) within a very reasonable price range of Rs 1.5 crore. The list of expectations from an ‘exclusive floor apartment’ comprise of: Clearly, the pandemic has certainly changed home buyers’ expectations leaning towards MORE SPACIOUSNESS and MORE PRIVACY. In this article, excerpts of one interview are mentioned below which highlights this change in expectations. Views shared by home-buyer of a ‘3bhk one apartment per floor’ home: Mr. B. Ramesh, IT industry, Age: 37years “We are currently living in Kukatpally in a rented 3 BHK independent house. With work from home, we now want to have a house that gives me utmost privacy. With my wife and two children, it is becoming difficult to be inside the house throughout the day. After lockdown, we realized that children have to study from home. Both my wife and I work from home. So, the ‘independent floor’ option works for us if we were to buy a home. We can get an apartment which is big, and also has lots of privacy. Unnecessary contact with the world can be cut down completely! With this background, we are looking at: This interview alone gives us a clear picture of the changing needs of homebuyers who seek a sense of spaciousness, greater social connect, a superior lifestyle quotient, and discernible luxury for their family! To quote Candace Cameron Bure- “The memories we make with our family is everything”. To know more about ‘Regular 3BHK flats’ Vs. ‘One apartment per floor’ 3BHK units in standalone buildings… Click here
Residential real estate ‘demand’ & ‘quality of life’ in Hyderabad on the upswing- a perspective for 3BHK home-buyers in Hyderabad
Residential real estate ‘demand’ & ‘quality of life’ in Hyderabad on the upswing- a perspective for 3BHK home-buyers in Hyderabad As per a report published by Knight Frank property consultants, based on studies conducted in 8 major cities in India- there has been more than 90% growth in the residential home demand in Q3 of 2021 (July, August, September) all over India, compared to the same time in the previous year. Hyderabad is no exception to this positive surge in demand of homes! In Hyderabad, the residential unit sales in July, August, September 2021, according to the report, has gone over THREE times what it was the year before (2020). The sale of gated community apartment numbers in Hyderabad stood at 6000 residential units in the Q3 of 2021. The numbers could be much more than these if we were to include the ‘standalone building’ segment of residential apartments (5-storey apartments built on small-sized plots in Hyderabad- as per GHMC norms). Consequently, Q4 of 2021- October, November, and December 2021 looks very promising for home-buyers in Hyderabad. With vaccinations at their peak in Telangana, the overall homebuyer sentiment is upbeat. Reasons for Hyderabad residential markets looking upbeat Some of the reasons why Hyderabad real estate will continue to thrive are: The likelihood of a complete lockdown is very low in the current situation with COVID vaccinations happening at a terrific speed in Telangana The prices of Hyderabad real estate for the middle and upper-middle class segment range between Rs 4000 to Rs 7500 per sft. This is very reasonable as compared to other cities like Bengaluru, Mumbai, Pune, or the National Capital Region Another reason is the preference for upgrading to LARGER and BIGGER SPACES for family purposes. The home buyer segment is looking at 3BHK segment far more favourably. He home buyers are preferring better quality inside the house, and seeking amenities that are relevant. This has further boosted demand, and builders are designing post=pandemic, more efficient and better designed homes to cater to needs like work-from-home, study-from-home, entertainment-at-home and fitness-at-home SPACES The demand for ‘exclusive’ low-density spaces has gone up in Hyderabad, with preference being given to 3BHK apartments in: Regular apartments in cluster-formation (where you have 2, 3, 4 or more apartments on a single floor), and ‘One apartment per floor’ residences being offered in apartment format, where the buyer owns the entire floor to themselves. These units are more premium, because they are built on smaller plots (400 to 700 square yards), and have all the latest amenities including elevator access and gen-set provision Another reason is the ‘work from home’ culture, and the corporate structure preferring to allow employees to work from home. This allows better designs which support the function Plus, the home buyers are now willing to move away from job hubs like Gachiblowli to places like Kompally, Tarnaka, Alwal, Sainikpuri and Yapral Preference for cleaner and greener locations is even more. This is where locations like Sainikpuri and Yapral score high. In these localities, the extent of green cover is remarkably high. The greenery and fresh air-supply will continue to remain this way due to the presence of Armed Forces installations with bountiful of trees The inventory overhang in Hyderabad is the lowest in the country. Overhang is about the ‘time required to sell unsold inventory of homes’. For Hyderabad this was just 25 months as of Quarter 1 of 2021. This means the unsold property with the builders is the lowest, and there is scope for new projects to come-up. The demand and supply is well balanced The builders in Hyderabad are responding to home buyer needs. This is happening on both budget, and preferences on better spaces (SPACIOUSNESS). As of Q1 of 2021, nearly 50% of residential units are priced at over 75 lakh range, which means more of 3BHK, spacious units About 40% of residential units are in the Rs 40 lakh to 75 lakh range The pro-business state policies, and dependency on tertiary sector (services like IT enabled services, IT etc.) for employment will only make sure that the demand for residential sector goes-up Hyderabad happens to be the only city in India to record quarterly sales of residential units going-up. Plus, the prices of property have appreciated by 5% all around All these are positive indicators for the residential real estate markets in Hyderabad. The quality of living Hyderabad offers is remarkable. This is why the city is on the growth path to being the top residential market, with consistently rising demand from discerning home buyers. These indicators also point towards being a preferred market for the investors, NRIs, and Non-local Indians, who love to call Hyderabad their home. The quality of life and social infrastructure that the city of Hyderabad offers remains unspeakably beautiful, dependable, and enjoyable! To quote Mehmet Murat ildan- “You cannot have a quality life without having the concept of quality of life!” ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about ‘Regular 3BHK flats’ Vs. ‘One apartment per floor’ 3BHK units in standalone buildings… Click here
Can an apartment really give the ‘feel of an independent bungalow’ to the buyer of a 3BHK flat in Hyderabad?
Can an apartment really give the ‘feel of an independent bungalow’ to the buyer of a 3BHK flat in Hyderabad? The answer to this question is YES! But, not with cluster-living apartments where you have 2, 3, or more apartments on the same floor plate. This feel of an ‘independent home’ is possible only with ‘one apartment per floor’! Fortunately, in Hyderabad, we have many builders who take up plot sizes between 400 square yards to 700 square yards to craft stunning villa-like spacious apartments on these small residential plots. These feel like a villa since you OWN THE ENTIRE floor! These exclusive, independent floors usually come in 5 storeys, 5 homes format in a standalone building. The ground floor of these buildings is being reserved for parking. Besides this, these ‘exclusive independent floors’ are decidedly more expensive as compared to regular apartments owing to the luxury element viz. high-end elevator-access (lifts), plus, the high-end specifications of everything that goes into the making of the building. Clearly, the home buyer of this ‘independent floor’ segment pays more than the ‘regular apartment buyers’. These discerning customers aspire for luxury to ooze out of every element of their exclusive home like elevators, flooring, finishing, doors, windows, kitchen top, fixtures, accessories, electricals, plumbing, etc. 5 reasons why ‘one apartment per floor’ residences give an ‘independent-villa’ feel are- 1. Four sides open to sky These homes are open from all four sides, with doors and windows all around, so unlike regular apartments, you get to enjoy the natural light and good ventilation from all directions- akin to ‘independent bungalows/villas’ When you peep out of the window of your ‘independent floor’, you get to see low-rise buildings around you, just like the view you get from an independent bungalow 2. No neighbours around you on the same floor to intrude into your privacy You have complete and uninterrupted privacy on ‘your floor’ No disturbance since you can live unseen and unrestricted by neighbours Freedom to move around you corridor As soon as you exit out of the lift, you are on your private land of tranquillity even while you are strolling in your own corridor 3. Big homes upwards of 2200 sft in green environs of well-established colonies Just like independent bungalows, these homes are much bigger and spacious inviting an air of breeziness For instance, in colonies like Sainikpuri, these homes are available in 2300 sft and upwards, surrounded with a luscious green tree-cover all around the colonies 4. Car-parking within you own compound wall, and clear elevator-access to your own floor You get to park your car within your own compound (in the ground floor) just like an independent home The moment you get out of the car, you get to the elevator that takes you straight to you private floor with lesser visitor population to encounter This is a great feeling, especially, when you are entertaining guests or family in your own private haven 5. 100% Vastu compliance possible with all four sides open Unlike regular apartments which are surrounded by neighbours or adjoining towers, ‘Vastu compliance’ is possible because the four sides are ‘open to sky’ with ‘no common-walls or obstructions’ As a result, Vastu can actually apply in these ‘independent homes’ All these elements make the ‘one apartment per floor’ homes stand out in the crowd of apartments! This is something that’s just NOT possible with regular apartments built in a cluster-living configuration. Choosing to live in an ‘independent floor’ residence is the closest you can get to living in an independent home. In fact, these ‘exclusive residences’ strike the perfect balance to get you the advantages of both an ‘independent home’, and the ‘goodness of an apartment’. With the ‘entire floor to yourself’, you get the best of both worlds! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about ‘Regular 3BHK flats’ Vs. ‘One apartment per floor’ 3BHK units in standalone buildings… Click here
Would a flat in Hyderabad give you the most especially if you are buying a 3BHK independent floor apartment?
Would you be getting the most out of buying a 3BHK ‘independent floor’ flat In Hyderabad? In a post-pandemic era, our world-view and expectations about the home we want to buy for ourselves has changed. As home buyers, we need to ask ourselves- ‘What kind of home do I really need with my changed needs & priorities? With a choice between a ‘regular apartment’, versus an ‘exclusive floor residence’, which one serves my needs better? What are the critical needs of my family? Will my family remain happy in the home I am buying?’ Should your budget be upwards of Rs 1.3 crore, and if you are looking at spacious homes, then the sensible choice would be an ‘exclusive floor’ where you own the entire floor. These ‘one apartment per floor’ homes are built in small plots of approximately 400 square yards to 700 square yards. With GHMC granting permission only for ‘5 floors’ for this kind of configuration, you end up having 5 storeys with 5 families. Plus, the basement give you enough space for parking. With critical amenities like lift (elevator), and power back-up (Diesel gen-set), a budget upwards of Rs 1.3 crore can give an uber living experience in such ‘independent floor’ apartments! 9 key areas that help you get the most out of your ‘one apartment per floor’ residences 1. At-work and for-study spaces for adults and children ‘At-home’ work and study spaces need to be high in utility and functionality. ‘One apartment per floor’ offers just that with spaces upwards of 2200 sft Working adults and their children need their work/study spaces that are bereft of distractions of the household With spacious ‘exclusive floors’, well-planned architectural designs to create separate these spaces becomes that much more easier Architects and builders are able to incorporate provision of effective and efficient work-spaces in the bedroom, study room, living room etc. Children get better spaces to attend school on-line. Their bedroom and study-spaces can be made comfortable in ‘exclusive floor’ residences 2. Fitness spaces Restricted physical movement can be avoided by creating separate space for work-outs viz. yoga, mini-gym, tread-mill etc. The challenge of a forced sedentary life-style can be met effectively with spacious ‘exclusive floor’ where you have the entire floor to yourself to walk around and stretch your legs 3. Provision for superior interiors With ‘exclusive floors’ interiors of the home can be upgraded, and the all the rooms can give you more space and more floor-area For instance, living room can be upgraded or made flexible with a well-designed and optimized family-space With more carpet-area, you could do a lot more in an exclusive floor unit like playing carom board, cards, table tennis, or other technology-enabled games etc. 4. Well lit-up spaces With all four sides open in a ‘one apartment per floor unit’ you can have adequate natural light. Plus, electrical lighting can be innovatively provided for in these luxurious residences making them truly discerning Design elements can be made completely as per Vastu shastra for over-all mental and physical health of the family with an ‘excusive floor’ residence. This can happen because all four sides are open just like an independent bungalow constructed on a residential plot Electric lighting in kitchen, bed, bath, utility room etc. or even the false ceiling can further enhance the illumination all around to accentuate the luxury element 5. Convenience of car parking With just ‘five homes’ in the standalone building, you get your own dedicated parking slots that are much more convenient as compared to regular apartments Plus, with the ground floor reserved for parking, you don’t have to worry about parking your car outside the compound of the building 6. Priority to ‘more indoor spaces’ With ‘one apartment per floor’ residences, you have adequate areas (corridors & balconies) to walk in and around your home, while being worry-free about factors like social distance This way you do not have to remain restricted inside the home and feel stifled 7. Semi-open kitchen, spacious Utility The ‘exclusive floor’ kitchens are usually semi-open and much more spacious since the super-area can be upwards of 2200 sft These ‘spacious homes’ offer scope to have a well-planned ‘utility room’ to cater to your laundry needs, for storing all-season clothing, and for stocking kitchen-related items such as food, beverages, utensils, equipment, gadgets, appliances and so on 8. Healthy air ventilation and purification systems Since the budgetary constraints are minimal for this segment of buyers, you can additionally incorporate air-cleaning systems like HVAC systems, air-conditioning air-purification devices and well-designed ventilation systems This can be done far more effectively even in the common areas like elevators (lifts), corridors. This is because, it is NOT occupied with too many occupants/neighbours on the same floor With a good ventilation you can keep microbes, pests etc. at bay 9. Lifestyle enhancing elements to match the luxury aspirations ‘One apartment per floor’ homes are luxury units, and can be made even more pleasurable with mood-enhancing textures, paints, walls, accessories, fittings etc. Since the buyer segment of ‘exclusive floors’ look for lifestyle, additions can be made in the form of an open-kitchen, beautiful doors/windows, tiles, sanitary/electrical/plumbing accessories & fittings and much more As a home buyer of an ‘exclusive and independent floor’ in Hyderabad, you virtually live in a ‘sky villa’ of your own that gives you unparalleled privacy, as well as uninterrupted views of the skyline around you! An exclusive floor home soothes your senses at all times and gives you much more than what you can expect in regular cluster apartments. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To know more about ‘Regular 3BHK flats’ Vs. ‘One apartment per floor’ 3BHK units in standalone buildings… Click here
The difference in 3BHK standalone buildings like ‘Regular 3BHK flats’ Vs. ‘One apartment per floor’
Regular 3 BHK flats Vs. One apartment per floor 3 BHK units in standalone buildings Here we are looking at the two residential offerings in the ‘standalone building’ segment viz. Basically, both these configurations are built as part of standalone building apartments constructed in smaller plot holdings. Regular apartments are made on plot sizes of 1000 square yards to 2000 square yards. Whereas, the ‘one apartment per floor’ units are made on smaller plots sizes admeasuring 400 to 700 square yards. The basic difference Both these apartment types are made in standalone buildings, which are low-rise with ground plus 5-storey format. However, there are significant differences between the two. One major difference is the price– the ‘one apartment per floor’ units are more spacious, and more expensive by at least 20% (cost-wise) than the regular apartments. ‘Standalone building residences’ versus ‘large gated community apartments’ However, both these configurations are offered in a standalone building, and they still tend to be more economically priced as compared to large gated community complexes. It is the add-ons (facilities, parking, and amenities) because of which the price of apartments/houses in a gated community residential complexes goes up. The builders in such large apartment complexes are required to provide for internal roads, parking options, and a horde of amenities which may include a gym, a clubhouse, play-courts for different sports, open lawns, visitors parking, etc. How are standalone buildings beneficial for the home-buyers? In a standalone building, you save on this excess burden of amenities that you may not even use. Plus, post-pandemic, homebuyers, in general, are preferring to have more space inside the house rather than paying for not-so-relevant amenities. Let us discuss the difference between ‘regular apartments’ and exclusive ‘one apartment per floor’ residences in the standalone building segment. ‘Gated community apartments’ vs. ‘standalone building apartments’- both in standalone building segment Regular 3BHK apartments (in standalone buildings) ‘Independent floor’ 3 BHK apartments (in standalone buildings) You have neighbours on the floor- 2, 3, 4, or more apartments on a single floor connected with a corridor You own the entire floor. So, no neighbours, no disturbance, more tranquility, greater peace Lesser privacy as you use common areas, and even common walls Complete privacy, and no need to worry about neighbours Need to keep noise levels down, and not disturb the neighbours No such constraint, since you are free to move around your home and corridor, or even talk aloud or make noise Common walls mean that the amount of light and ventilation is not complete All four sides are open since you own the entire floor Vastu compliance is NOT possible, because all four directions- East, West, North & South are NOT open 100% Vastu compliance is possible. It is just like living in an independent house You have more visitor traffic since owners and visitors use the elevator The visitor is minimal since only 5 families live in the entire building Usually less spacious between 1400 to 2000 square feet super built-up area Usually more spacious- more than 2000 sft The target segment is usually cost-conscious middle class The target customer is a premium segment who want more, and are interested in status & lifestyle High-end fittings & accessories, but usually mid-segment High-end fittings & accessories ranging from mid to luxury segment You get a feel of an apartment in a regular apartment You get a ‘villa-like feel To explain with an example- In a locality like Sainikpuri, Yapral- a regular 3 BHK apartment measuring 1600 sft may cost Rs4000 to Rs5000 per sft, totaling Rs 65-70 lacs. A ‘one apartment per floor’ 3 BHK in Sainikpuri, Yapral measuring 2200 sft will cost between Rs 5500 to Rs 6500 per sft, totaling Rs 1.3 crore to Rs 1.5 crore. Both ‘regular apartments’ and ‘one apartment per floor’ home options are good in their own right depending on what you seek! After all, “…the ultimate luxury is being able to relax and enjoy your home!” [Jeff Lincoln] To know more about “5 simple joys of living in a spacious ‘independent floor’ 3BHK luxury residence!” Click here
5 simple joys of living in a spacious ‘independent floor’ 3BHK luxury apartments!
Living in a spacious independent floor – 3 BHK luxury apartments! The residential market in Hyderabad has many exciting residential home offerings. One configuration that stands out in the crowd is the ‘one apartment per floor’ exclusive homes format. These are homes where you own the entire floor. With 5 residences built on a small plot of 400 to 700 square yards, these 5 luxurious units allow you to own the entire floor plate, all to yourself! With no common walls, no neighbors to invade your privacy, and no restriction on the free flow of natural light and cross-ventilation, these independent floors are the envy of many people. Obviously, they cost more than the usual cluster-living apartments, but the benefits and luxury elements far outweigh the price element. Clearly, these homes are more expensive than regular apartments in both standalone buildings in smaller plots, as well as the gated community apartments. With amenities like elevator access (lifts) going to each floor, these ‘exclusive & independent floors’ feel truly luxurious. Plus, being spread over 2200 sft in a super built-up area, the homes are truly spacious. Most people dream of owning a spacious and well-designed residence. Space in itself connotes luxury, besides the sense of pride that would have a positive impact on the lifestyle and health of your loved ones! Spacious independent floor homes allow you to fuse functionality with aesthetics. The result is a conducive living environment that gets you unparalleled joy. Given below are 5 simple joys of living in ‘one apartment per floor’ luxury apartments 1. Spacious living spaces give you more personal space and privacy resulting in personal growth and happiness 2. More room for activities of all family members 3. It gives you the space to create activity areas 4. It gives the much need space for kids to play and blossom 5. More room for health enhancing activities Clearly, these are 5 simple yet very attractive bargains you strike when you choose to own a ‘one apartment per floor’ unit in Hyderabad. The price range of these apartments varies between Rs 5000 per sft to over Rs 9000 per sft in more expensive locations like Western Hyderabad. In places like Sainikpuri and Yapral, these units could cost around Rs 5500 to Rs 6000 per sft, which is very reasonable for the benefits that accrue. To quote Thom Mayne- “My buildings don’t speak in words but by means of their own spaciousness.” To know more about “Buying a 3 BHK flat in Hyderabad? Get the most out of your home!” Click here
