The Future of the Luxury Real Estate Sector in India

The Future of Luxury Real Estate in India

The Future of Luxury Real Estate in India

Luxury residential real estate in India has witnessed incredible growth and is expected to reach USD 101.92 billion by 2029. The growing demand for luxurious homes in India can be attributed to the desire for a healthy, safe and luxurious lifestyle replete with world-class amenities and good infrastructure, set amidst pristine greenery. 

Listed below are some notable factors that have contributed to the growth of luxury real estate in India.

Amenities: The luxurious residential real estate projects in India offer customers a plethora of amenities that include clubhouses, swimming pools, gyms, yoga and meditation centres, spas and salons, multipurpose halls and banquet rooms, audio-visual rooms, indoor gaming rooms, play areas for children, cycling and jogging tracks, all of which redefines luxury and offers residents a life of comfort and convenience.

Enhanced Security: Luxurious residential properties in India are located within gated communities that offer high security. Marked by 24*7 security and CCTV surveillance, Veridia from Wave City offers residents beautifully designed spacious 4 BHK apartments and magnificent 5 BHK Sky Villas with sky gardens which have the provision of a home automation system, a front door digital lock and a video door phone providing added safety to residents while ensuring peace of mind.

Green Haven: Most luxurious real estate properties in India are located amidst pristine greenery, dotted with parks and gardens, providing a green haven to residents. Set amidst pristine greenery, Veridia, surrounded by over 50 parks, is a perfect amalgamation of nature and luxury and is one of the best luxurious residential real estate projects in Ghaziabad.

Location Advantages: Set in a prime location and marked by good connectivity, luxurious residential properties, like Veridia have good road infrastructure and are close to various educational institutions, hospitals, supermarkets, convenience stores, medical stores, restaurants and recreational centres.

Government policies: The Government of India has played an integral role in developing the luxury real estate sector in India. The introduction of the Real Estate Regulatory Authority (RERA) and the Goods and Services Tax (GST) has brought regulation and transparency to the country’s luxury residential real estate sector, drawing in more investors and contributing to the nation’s growth.

Investments by foreign investors: The liberalization of foreign investment policy by the Government of India for the economic growth and development of the nation has paved the way for foreign investors to invest in the luxury real estate sector in India. Coupled with a stable economy and favourable exchange rates, this has resulted in a slew of investments by foreign investors in the country’s luxury real estate sector.

Wave City: Wave City presents Veridia – a premium residency conceptualized to provide residents with a sublime experience of comfort, grandeur and luxury. Through its beautifully designed luxurious 4 BHK apartments and magnificent 5 BHK Sky Villas with sky gardens, residents of Veridia enjoy access to the premium Clubhouse of Veridia, The Oakwood Club. Designed to offer an elevated living experience to true connoisseurs of luxury, The Oakwood Club offers its members world-class amenities for a luxurious life. 

Create special memories with your loved ones at the Clubhouse’s very own Restaurant designed to offer an enjoyable culinary experience.

Celebrate life’s significant milestones with your family and friends at the Multi-purpose Hall, with its functional décor and welcoming seating areas. 

While the elegant state-of-the-art Banquet Hall for residents can host up to 300 guests, making it the perfect venue for any event, the Cafeteria exudes an aura of casual elegance and offers you a place to unwind and enjoy a light and healthy meal and connect with your neighbours and develop new friendships.

Break the ice and make new friends over a game of pool or cards at the Indoor Gaming Zone designed to bring residents together, and join your neighbours in an occasional round of cards at the Card Room and foster a sense of community.

Practice your perfect shot at the Squash Court and improve your balance, agility, and overall fitness under the expert supervision of professional trainers as your little ones nurture their imagination and creativity at the Kids’ Play Area. 

Capturing the spirit of wonder and the pursuit of knowledge is the Library at Oakwood Club, which offers residents a varied collection of books, journals and magazines.

With displays, projectors, audio systems, and control devices in place, residents of Veridia can also enjoy an immersive audio-visual experience in the Audio Visual room at Oakwood Club.

An oasis for connoisseurs of health, wellness and beauty, avail the luxurious Spa at Oakwood Club and rejuvenate your senses and feel refreshed and energized amidst a tranquil environment.

For a style overhaul or a quick makeover, head to the in-house Salon and let the trained professionals and stylists work their magic!

Beat the heat during the summer with an exquisitely designed Swimming Pool built for the ultimate relaxing experience! And avail of the world-class Gym to help you attain your fitness goals.

Residents of Veridia also have access to the Golf Range at Wave City. Set amidst lush green landscapes, the Golf Range is a perfect place for your little ones to practice their perfect shot under the expert supervision of professional trainers. All children are provided with golf clubs and all the requisite equipment for training. Apart from golf training, children are trained in diet and nutrition, overall fitness and golf etiquette, contributing to their overall development. One can also choose to train and practice indoors. With a simulated environment of an actual golf course, both amateur and professional golfers can learn to play and practice their perfect shot.

Located in Wave City, adjacent to NH 24, Veridia has a good network of roads and is close to several educational institutions, hospitals, medical stores and convenience stores and is a perfect amalgamation of comfort, convenience and luxury.

Share This Story, Choose Your Platform!

Leave a Reply

Your email address will not be published. Required fields are marked *