The epitome of luxury in real estate is a Penthouse. The exceptional elevation at which the penthouse is located completely silences the hustle and bustle of the city, thus offering the peace and serenity of a luxurious lifestyle. Investing in a Penthouse in India means a higher level of peace and serenity, luxurious palatial rooms, and a higher return on investment. Most penthouses also have access to an upper and lower level of the apartment and access to a terrace or outer deck.
In terms of luxury and amenities, penthouses in India have some value-addition differences. It usually arrives with the vibe of luxury and sophistication that an apartment usually lacks. The few distinct features of a penthouse include an upper and lower level; it is luxurious, grand, and elegant. A penthouse’s design is luxurious and elegant and usually has access to all the amenities of the residential complex. In terms of amenities, Penthouses in India usually have the best of them; like an exclusive elevator and entrance directly to the penthouse door, vaulted ceilings, increased security, and wide panoramic views that make these Penthouses so iconic.
Let’s discuss the advantages and disadvantages of investing in a Penthouse in India.
The advantages are as follows:
- Enjoy breathtaking views of the panorama- Penthouses usually have floor-to-ceiling glass windows in the entire living space, offering some of the best views of the city.
- The exclusivity that comes with a Penthouse definitely makes it one of the key features to attract buyers towards acquiring these exclusive Penthouses in India.
- The privacy that one experiences in a Penthouse is unmatched. It usually has a separate entrance making it more exclusive, while also the exceptional sizes of these penthouse makes them fewer on a floor.
The disadvantages are as follows:
- One usually has to invest in a penthouse by its premium prices, as they are usually the highest in value due to their large size and luxurious amenities.
- A penthouse also has a higher maintenance cost. Since the penthouses have a larger area, more spacious, and thus have a higher maintenance cost.
Therefore, Penthouses offer luxury, elegance, tighter security, and excellent views that significantly elevate one’s lifestyle. Demand for Penthouses in India has significantly increased because of the Work from Home (WFH) situation that many professionals have. A penthouse offers them ample space to separate their personal and professional lives. This demand for penthouses is also due to the higher earning opportunities of urban Indians, who are willing to pay the price for an elevated luxurious lifestyle.
