Splendid Skyline-Why you should prefer apartment?

Once you finalize our decision of owing a house, the very next question that hovers your mind is what would be a better option- apartment or an independent villa? However, with the growing culture of apartment system, more than 80% of investors are considering it to be the best option to live in.

Security

Home is meant to be a secure place for everyone. Sense of security is the best feature of apartment system as there is no need to invest extra for keeping a watchman or gatekeeper for security purpose. ‘Splendid group Skyline’, one of our current residential projects in Bangalore focuses on the high level of security for the residents.

Club Facilities

The demand for amenities like the gym, play area, club house, and swimming pool cannot get fulfilled by purchasing an independent villa while investing in an apartment can give you all these facilities and that too in your limited budget.

Maintenance and Services

You do not require wasting your time in maintaining your apartment complexes as they have staffs to maintain the utilities on a regular basis. Daily necessities such as power backup, water supply, uninterrupted supply of cooking gas etc are easily provided in the apartment which would help you to live a hassle free life.

Being the cost-effective home choice, apartments are majorly being opted by more and more number of people as housing styles. ‘Splendid group Lake Dews’ is one of the best residential constructions by Splendid Group where you can avail all these facilities at an affordable range.

Splendid Group SkyLine - Bangalore Luxury Property

The past few years have observed a slow pace of demand for Luxury Residential property. Owing to this, not many real estate property developers considered stepping in to the “luxury” segment. But a recent report by JLL India real estate consultancy firm, Bangalore has successfully stepped into the realty market’s luxury property segment.

This trend didn’t pop up overnight but several factors contributed to it. The major reasons for the upsurge in demand of Luxury residential housing include swell in the number of (HNI’s) High net worth individuals and Non Indian Residents, the advent of global lifestyle trends, the rapid pace of urbanization and intensification of service diligences such as financial services, technology and plunge of rupee value. The recent downfall of rupee value lured the NRI’s interest towards Indian property and this premium segment of population strives to possess nothing but the best.

This has given a big enough reason to many real estate property developers to launch an array of luxury and super luxury residential projects with exceptional facilities which not merely serve the HNI’s but also falls in common mans budget. In addition, NRIs are reassessing to move to India as they feel these investments as a potential investment option with full-fledged facilities that are required for High end consumers.

Bangalore, is truly witnessing a makeover in terms of fast paced developments that are taking place. Apart from the mentioned reasons, several other factors that have led to this increased demand include the increase of living standard and purchasing power and changing lifestyle of the people. The number and quality of luxury residential projects is increasing each year which makes Bangalore an apt location to migrate to as well as for investment. Bangalore has top ranked it by offering luxuryapartments in the range of Rs 23,000 to 26,500 in many of its prime localities.

Splendid Group’s luxury projects like Splendid Group Elite, Splendid Group Lake Dews and Splendid  Group Skyline offer an opportunity to relish luxury at affordable price.