5 reasons why investing in Villas is a great choice

By Srivathsan GS, General Manager, Sales & CRM, Adarsh Group According to Knight Frank report, the number of Ultra-high-net-worth individuals in India is set to rise by 39% to 2,697 by 2023.Over the next five years, Oxford Economics data indicates that real GDP will grow by almost 60%. Bengaluru is expected to outperform all markets in both commercial and residential real estate sector.This is supported by the fact that the city has been grossing the country’s highest office absorption volume consecutively for the last ten years.The city’s broad ecosystem of innovation offers multiple opportunities for future growth and thus, has seen a visible rise in working population investing in luxury residential spaces. Homebuyers when looking out to invest in luxury properties have considered villas as their prime choice. There are a few distinct advantages of villas making it a popular and well thought of choice. Provides serenity and privacy Luxury in contemporary context is defined well when it provides privacy and serenity to its residents. Villas are spacious properties with back gardens, porticos and, large living areas which makes itan ideal for anyone who is looking for a calm soothing lifestyle. These specially designed properties are located amidst sprawling spread of greenery which further explains why Villas are a better bet while investing in the luxury segment. Locality makes it a better choice Villas located at the premium locations that is close to amenities like hospitals, educational institutes, corporate houses etc. become a major spot for home buyer’s attraction. A locality that is both private and connected is what a home buyer is constantly on the lookout for. The city has much to offer in this segment as many developers have invested in projects that match with the expectations of the home buyers. Off Sarjapur road, Bellandur and North Bangalore have luxury villa townships that redefine luxury living within Bangalore.The locality being in the heart of the city offers the tranquility of nature and the convenience of connectivity. Townships elevate the living It is important to understand that home buyers are not just looking for a home to live in but also a community to socialize with. Tocater to this requirement of the home buyers,Villa Townships are the newest addition to Bangalore. Developerstry to reinvent luxury real estate with amenities like recreational parks, pools, community halls, jogging tracks, club house, amphitheater, BBQ and food counter, floral gardens, adventure parks, party lawns, health clubs and spa, open lawns, koi ponds, meditation areas, pavilions etc. to help the residents socialize and experience luxury to the fullest. These townships have everything luxury home buyers need to lead a relaxed life. More scope for personalisation Home buyers who invest on luxury look for individuality and the scope for personalized experience is high with Villas. The home buyers have enough space to experiment and be creative. Home buyers these days are highly focused on how creating a statement house that resonates well with their personality. Villas provides them with an ample space to be creative and have a personalised experience. Good option for long term investment The value of Villas increase with time owing to their exclusivity. With the rise in the HNI population who look out to invest in luxury properties, luxury developers anticipate an uptick in this segment. As luxury properties are seen as a long term investment, one can also yield guaranteed rental returns form it as well.   A property with exclusive features in a prime location and with elite amenities are home buyer’s primary choice in luxury market. Since the demand from the homebuyers is increasing, this trend of investment in villas is set to grow and would pave for the innovation in the sector, thus motivating realtors to create more unique products in the category.