Site Visit

3 Reasons Why Luxury Housing is Attracting More Home-Buyers in India

3 Reasons Why Luxury Housing

The luxury housing segment constitutes a substantial chunk of the overall real estate market in India. Of late, there has been a growing demand for luxury housing among not only the local buyers but also from foreign investors, especially NRIs.

This upward demand can be attributed to various factors of globalization. With growing awareness in international design standards & aesthetics, global lifestyles and upcoming locations, more and more homebuyers are opting for luxury properties.

From high-rises to independent constructions and gated communities, there are more options available to luxury homebuyers today. Developers are offering top-class features and specifications that extend well beyond interior designs and include architecture, construction methods, and lifestyle amenities.

Here are three reasons why an increasing number of homebuyers are choosing luxury housing in India.

1. Numerous Choices On Offer

One of the main reasons why luxury properties have steady demand is the number of choices available to homebuyers today. Even in the luxury segment, developers are now adding numerous luxury developments to their portfolio. With elegant facilities that differ from project to project, aspiring homeowners and investors have a lot on their list to choose from.

2. Comparatively Affordable Pricing

With the transformation of new locations as hotspots, there has been a rise in the number of luxury developments. But since these locations can still be considered as upcoming, luxury property prices are still in the affordable range, considering the standard price of luxury offerings. Homebuyers opt for this option as the value offered outweighs the cost.

3. Standard Of Living

The demand for luxury properties is ultimately fueled by the desire to live to a certain standard that these extravagant properties offer. With rising standards of income in the country, more and more people are investing in a premium lifestyle that speaks of an elite stature in society. With world-class amenities and international standards in construction, luxury properties continue to attract this sector of homebuyers.

These crucial factors have given rise to the rising demand for luxury properties in India. These continued investments add to the growth of the luxury living segment in the country. The most important factor continues to be the ability of Indian consumers to pay for a global living standard. And as supply meets demand, the sector will continue to grow.

If you are looking for luxury properties in PCMC, then check out L-Axis – a thoughtfully-planned residential project of 3 BHK flats in Pimpri Chinchwad. Live in premium residences offering a range of modern amenities for all age groups. Its strategic location ensures all your lifestyle needs are fulfilled within a few kilometers radius.

Explore Puneville Here


1. What are the property trends in India?

Property trends in India are ever-changing. Presently, big cities such as Mumbai, Bangalore, and Pune are witnessing a surge in real estate activity. This is because more folks are investing in apartments and houses, mainly driven by urbanization and improved job prospects. As these cities grow, there’s a growing demand for residential properties, leading to increased construction and property development. Additionally, affordable housing schemes and government incentives are influencing the property market positively, making it an attractive option for both investors and homebuyers.

2. Which city in India real estate is booming?

Mumbai, Pune, and Delhi are currently experiencing a significant real estate boom in India. This is primarily due to their strong economies, job prospects, and appealing lifestyles, which have created a high demand for luxurious housing in these cities. As a result, real estate markets in these areas are thriving, with increased property development and investment. People are drawn to these cities for work and living, leading to a surge in housing demand and property prices.

3. Why is luxury housing witnessing high demand in India?

Investing in Luxury Property in India is due to its potential for profitable investments. Luxury properties tend to increase in value over time, making them a lucrative choice for investors. Moreover, these upscale homes provide a comfortable and prestigious lifestyle, which appeals to many buyers. The allure of luxury living, along with the promise of financial gains, has contributed to the strong demand for luxury housing in India.

4. Why invest in luxury property?

Investing in luxury property is wise because it often appreciates in value. Luxury properties are located in prime areas and come with desirable features, making them highly sought after. They offer a luxurious and exclusive lifestyle, making them a smart choice for both financial growth and enhanced living standards. Over time, these properties can yield profitable returns while providing a high-quality living experience. Investing in luxury real estate combines the potential for long-term financial gain with the enjoyment of a prestigious lifestyle

Privacy Policy

This Privacy Policy governs the manner in which Pharande Spaces collects, uses, maintains and discloses information collected from users (each, a "User") of the https://pharandespaces.com/ website ("Site"). This privacy policy applies to the Site and all products and services offered by Pharande Spaces.

Personal identification information

We may collect personal identification information from Users in a variety of ways, including, but not limited to, when Users visit our site, fill out a form, and in connection with other activities, services, features or resources we make available on our Site. Users may be asked for, as appropriate, name, email address, mailing address, phone number. Users may, however, visit our Site anonymously. We will collect personal identification information from Users only if they voluntarily submit such information to us. Users can always refuse to supply personally identifying information, except that it may prevent them from engaging in certain Site related activities.

Non-personal identification information

We may collect non-personal identification information about Users whenever they interact with our Site. Non-personal identification information may include the browser name, the type of computer and technical information about User's means of connection to our Site, such as the operating system and the Internet service providers utilized, and other similar information.

Web browser cookies

Our Site may use "cookies" to enhance User experience. The user's web browser places cookies on their hard drive for recordkeeping purposes and sometimes to track information about them. The user may choose to set their web browser to refuse cookies, or to alert you when cookies are being sent. If they do so, note that some parts of the Site may not function properly.

How we use collected information

Pharande Spaces may collect and use Users personal information for the following purposes:

  • To improve customer service The information you provide helps us respond to your customer service requests and support needs more efficiently.
  • To personalize the user experience We may use information in the aggregate to understand how our Users as a group use the services and resources provided on our Site.
  • To improve our Site We may use the feedback you provide to improve our products and services.
  • To send periodic emails We may use the email address to respond to their inquiries, questions, and/or other requests. If User decides to opt-in to our mailing list, they will receive emails that may include company news, updates, related product or service information, etc. If at any time the User would like to unsubscribe from receiving future emails, we include detailed unsubscribe instructions at the bottom of each email or User may contact us via our Site.

How we protect your information

We adopt appropriate data collection, storage and processing practices and security measures to protect against unauthorized access, alteration, disclosure or destruction of your personal information, username, password, transaction information and data stored on our Site.

Private and sensitive data exchange between the Site and its Users happens after an SSL secured communication channel and is encrypted and protected by digital signatures.

Sharing your personal information

We do not sell, trade, or rent Users personal identifiable information to others. We may share generic aggregated demographic information not linked to any personal identifying information regarding visitors and users with our business partners, trusted affiliates and advertisers for the purposes outlined above.We may use third party service providers to help us operate our business and the Site or administer activities on our behalf, such as sending out newsletters or surveys. We may share your information with these third parties for those limited purposes, provided that you have given us your permission.

Changes to this privacy policy

Pharande Spaces has the discretion to update this privacy policy at any time. When we do, we will revise the updated date at the bottom of this page. We encourage Users to frequently check this page for any changes to stay informed about how we are helping to protect the personal information we collect. You acknowledge and agree that it is your responsibility to review this privacy policy periodically and become aware of modifications.

Your acceptance of these terms

By using this Site, you signify your acceptance of this policy. If you do not agree to this policy, please do not use our Site. Your continued use of the Site following the posting of changes to this policy will be deemed your acceptance of those changes.

Contacting us

If you have any questions about this Privacy Policy, the practices of this site, or your dealings with this site, please contact us at:

Pharande Spaces: https://pharandespaces.com/
Pharande Spaces,
"Tarangan", 98/2,
Pune - Nashik Highway,
Guruvihar, Bhosari,
Pune: 411039. India.
Ph.no. 02027230506
Email: [email protected]


The documents and graphics on this website could include technical inaccuracies or typographical errors. Changes are periodically added to the information herein. Pharande Spaces may make improvements and/or changes herein at any time. Pharande Spaces make no representations about the accuracy of the information contained in the documents and graphics on this website for any purpose.

All documents and graphics are provided "as is". Pharande Spaces hereby Disclaim all warranties and conditions with regard to this information, including all implied warranties and conditions of merchantability, fitness for any particular purpose, title and non-infringement. In no event shall Pharande Spaces be liable for any kind of damage resulting from any clause or reason, arising out of or in connection with the use or performance of information available from this website.