Seven things to ensure before you invest in Luxury Residential Property in Mumbai

Luxury residential projects in Mumbai are very much in demand right now. Everyone wants a piece of the luxurious life and hence all new projects are tagged as luxury projects in Mumbai. But just like all that glitters is not gold, all they says luxury is not indeed luxury. A luxury residential property is exclusive in everything, from building material to the fittings in the flats. In truth, only half the projects that a tagged luxury are actually worthy of that term.

Juhu is a suburb in Mumbai and is one of the most sought after localities in the city. Its proximity to the sea and a number of new projects in Juhu can be credited for that. Flats in Juhu can start at around 1.5 to 2 Cr.  Juhu property rates are high but the properties in this area are really worth the price.

If you’re looking for property in Juhu then you have a lot to choose from due to the number of luxury residential projects coming up in the area. But before you invest you need to check whether the property is actually a luxury property. Here’s the check list you need to tick off.

1. Automation: Technology and automation are the first thing people look for in a luxury apartment. Home automation is a big part of luxury living. Energy-efficiency, smart lighting and sound, climate-control and smart toilets, smart surveillance are all the things that need to be in luxury residential projects in Mumbai.
2. Build quality: When you purchase a luxury flat you pay a hefty price. You need to ensure that you get what you pay for. The quality of everything from raw materials, like cement, bricks and the iron need to be quality checked. The lift, fittings and amenities given to you along with your flats need to be of the top brands too.
3. Best amenities: A park, a pool and a gym aren’t the only things that people look for in luxury apartments. Spas, movie theaters, shopping centers and clubhouses are some of the things that define luxury.
4. Entertainment within premises: Luxury means having everything you need all at your fingertips. Entertainment facilities like movie theaters and gaming zones and even good restaurants are a must-have for a luxury property.
5. Health and meditation: A simple gym does not spell luxury. A fitness center with a spa, sauna, a jogging track, trainers and meditation centers are a must-have.
6. Privacy: Personal butlers, chefs and even elevators are something a luxury property must have.
7. Personal space: Space is key to luxury. Luxury flats need to have walk in closets, decks and enough space for you to be yourself.