The definition of a perfect home varies for different people. While size and space may be more important to one, location and connectivity hold more importance for others. Before embarking on the house-hunting process, it is important to consider one’s lifestyle, requirement, budget and priorities. New-age luxury apartments by top builders such as Shahid Usman Balwa, DB Realty are designed to cater to a variety of needs for the modern buyer.
A penthouse apartment is a luxurious apartment located on the highest floor of the building. The primary advantage of occupying a penthouse is the stunning view and expansive landscape. They usually boast a rooftop deck and balcony, giving you the perfect opportunity to sit back and relax. High-rise apartments, on the other hand, are mostly found in metropolitan cities and are located on the higher floors of a sky rise building. Often designed in a 2BHK or upward set up, they have emerged as popular favourites among the new age buyer. The prominent real estate developers like Shahid Balwa from DB Realty have spearheaded the development of several 2, 3 and 4BHK luxury apartments in Mumbai that are not only well located but also enclosed within a secure gated community featuring world-class facilities. If one doesn’t prefer staying on a high floor, there is the option of a low-rise apartment that comes with the benefit of relatively easy connectivity and access.
Apart from high and low rise apartments, the garden apartment is also popular luxury design. Beautifully designed overlooking a garden space, this is a great option if you want to feel closer to nature and wake up to the sound of chirping birds. The garden can be in the front side, backyard or even inside the apartment space itself, depending on the specific layout. Such homes usually feature large windows to let in maximum daylight.
Apart from floor location, luxury apartments can also be classified on the basis of ownership. A penthouse is a type of luxury apartment that is owned by an individual as opposed to a builder or real estate company. It is typically situated in a residential building or community where the owner becomes a landlord on a more personal, one-to-one basis vis-à-vis a professionally structured arrangement.
There are also buyers who prefer to make their buying decision based on utility. Ideal for individuals and those with an artistic taste, studio apartments are a contemporary solution to the modern man’s needs. These apartments are relatively small yet efficient and typically feature a kitchen, bathroom and bedroom integrated seamlessly within a single room. Some studio apartments are also convertible in nature – they are designed in a way that more rooms can be created within the same space. This level of flexibility is highly appreciated among modern city dwellers. To make the best use of existing space, an area earlier used for the commercial purpose can also be put to residential use. With a luxury makeover using contemporary installations and chic décor, such a ‘loft’ is often converted into a studio or even 2 BHK apartment.
While some buyers prefer to categorize luxury apartments based on utility, there are others who consider location or ownership as classifying factors. The important thing when finding the right home is to understand one’s priorities and select a space that best matches these requirements.