The value of a Property is determined by many factors which makes it be categorized as a Luxury home or a standard home. Standard homes have all the basics required in a house while a luxury house has more features. Luxury houses are located in serene environments that attract investors and the rich.

 Key factors that define a luxury property

1.Security of the neighbourhood

High-value properties are usually located in neighbourhoods with good security. Such areas have guards and police patrol at night to keep off intruders. If you need such a luxury property consider technology invested in security. A good property should have CCTV cameras, a smart fence with CCTV or alarm to detect intruders. The door locks should also have some technology to control them using remote control or smart locks with facial and finger-print sensors. Some houses also have a safe in one of the secure rooms to enable the owner to keep valuable items without fear of burglary or theft.

2.Lighting

Expensive properties have good interior lighting, street lighting, and security lights. Most of these lights are automated to switch on and off depending on the time of the day. Light is important since it improves security and prevents most accidents that may occur at night due to darkness or poor lighting.

3.Beauty of the surrounding

Properties near parks, beaches and other beautiful scenery have high value than those in congested suburbs. Good gardening and skilful trimming of plants also increase the value of the property tremendously.

4.Hygiene of the area

Everyone needs an environment which has low pollution levels to live a healthy life. Luxury properties have operational garbage collection and disposal unit in place. The sewer system is also maintained regularly to ensure there is no blockage or leakage of waste matter. These areas are also far from congested suburbs and busy highways that have extreme air, water and noise pollution.

5.Eco-friendly technologies

Modern eco-friendly equipment and technologies are used in luxury home. A good example of such technologies is the use of solar energy to heat water and generate power for lighting using solar panels. Some of these houses have their own bio-digesters to generate biogas for cooking. Bio-digesters also produce manure which can be used in gardens.

6.Fitness or recreational areas

Luxury homes have swimming pools, court-yards and enough open space for exercise. Homes close to a commercial gym, a stadium or a training center also have a high value.

7.Clean rooms and high-quality Fittings and finishing

Luxury homes are known to have spacious rooms with all the required items. Such rooms have a high-quality floor and wall tiles with appropriate reflection index to blend in with the environment. The doors, windows and other fittings are also unique or luxurious in design to improve the beauty of the house.

Ideal locations for buying a luxury home

If you need a luxury property in Pune, there are some places that have been recommended by experts due to proximity to high-value physical and social infrastructures such as shopping malls and good road network. Such areas include NIBM, Magarpatta, Kharadi, Baner, Kalyani Nagar, Koregaon Park, Hinjewadi, Wagholi and other upcoming locations in Pune.

Things that a luxury home buyer must keep in mind

If you need a luxury home, you have to consider features of the property. The property should have everything you need. If you are a swimming enthusiast, ensure that the house has either an indoor or outdoor swimming pool to satisfy your needs. You should also consider the design and architecture of the house. Luxury houses are built by certified and experienced developers that have a good reputation. Good developers will sell you a high-value house that has legit paperwork and it doesn’t breach building laws. Propbuying is one such company that helps you buy your dream home we have special services for people looking for luxury homes, as we understand their requirement and help them find a house that is not only luxurious but also worth every penny spend on it.