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Things to keep in mind when investing in a luxury apartment
Date: 07th April 2024 | Blog

Things to keep in mind when investing in a luxury apartment

Who has not dreamt of being able to buy luxury villas for oneself or invest in an upscale luxury apartment with all of its paraphernalia? While the decision to buy a luxury apartment is an easy one, knowing that our dream home comes equipped with all the luxuries we have always wanted—the decision to analyze and figure out if the property is worth the premium can be difficult. 

But once you do decide to take the plunge and actually invest in a luxury apartment, please do keep a few things in mind: 

Location. Location. Location.

The number one factor you should look out for when buying a luxury apartment, is the location. The complex where the apartment is located determines if your home is easily accessible to important social infrastructure like educational institutes, medical facilities, entertainment an social avenues. It is also a good idea to interact with few others in the neighbourhood to get a sense of community in general. A good choice of location will also be apparent in the pricing of the asset. 

Form. Function. Finish

One of the most commonly overlooked factors while buying a luxury apartment is the level of attention to detail by the developer. While luxury properties are alluring to the eye, it is important to confirm that the property is designed and constructed in conformity to the National Building Code, especially in regard to the ability of the development to withstand natural disasters like earthquakes. Another important factor is to ensure that luxury fixings, such as climate control systems, solar panels and rainwater harvesting systems are of the quality that your monetary investment requires. The construction technique, quality of materials used and the premium fitting always tell the true story of luxury.

Technology 

Most luxury apartments are meticulously designed to offer maximum comfort and cutting edge facilities to the resident. Luxury residential projects in Pune boast state-of-the-art facilities such as landscaped gardens, generously spacious living areas, sleek and fully equipped kitchens, Wi-Fi, automated temperature control, an in-house gym and much more. Ensure that the luxury apartment you are investing in comes fitted with the latest and best in technology and amenities.

Security 

One of the most sought-after features of high-value luxury apartments is smart and technologically advanced security systems. Whether this be discreet security cameras, high-tech, automated alarm systems or access controlled system to monitor visitor entry and more, these security systems make sure your home and family are safe at all times

If you are looking for a true luxury home in Pune for yourself, please get in touch with Panchshil Realty, one of India's finest luxury real estate brands, renowned for leadership and excellence in real estate development. Panchshil's approach is focused on planned development, creating value assets, and crafting unforgettable lifestyle experiences for home owners and investors through smart design and innovative architecture.

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Quality

ESG (Environmental, Social, Governance) Initiatives

Panchshil's focus on innovative solutions encompasses quality, environment, health, and safety. Sustainability is central to the building design and development process. There is a strong commitment to preserving the natural habitat in operational areas, promoting diverse flora and fauna, and participating in the restoration of natural water resources. Strict adherence to USGBC LEED Core and Shell Green building principles is maintained, which includes energy and water efficiency, superior indoor air quality, innovative building design, and optimizing material and resource efficiency. Small changes, such as adopting paperless systems, using green-certified cleaning solutions, and investing in renewable energy infrastructure, significantly contribute to sustainability efforts.

Social Initiatives
Active engagement in social initiatives by Panchshil reflects a commitment to positively impacting the community. Key focuses include promoting education by constructing and renovating school and college buildings, supporting rehabilitation centres for hearing-impaired children, and contributing to the establishment of digital libraries. There is also encouragement for literature in regional languages and the sponsorship of student scholarships. In rural areas, access to quality education is promoted. Additionally, sponsorship of marathons and individual athletes supports a healthy lifestyle for all.

Employee Welfare
Panchshil is committed to fostering trust among employees and ensuring equal opportunities for their growth and development. Creating a positive work environment is a priority, achieved by implementing programs that support individual growth, prioritize good health and enable a healthy work-life balance.

Governance Structure
Panchshil's robust governance structure includes an ESG steering committee that ensures adherence to a comprehensive code of conduct. This code encompasses conflict of interest policies, whistleblower policies, human rights, data security, and strict legal and regulatory compliance. Additionally, there is a focus on creating a safe and inclusive work environment by preventing harassment and promoting equal opportunities.

Group Philosophy

Group Philosophy

We are driven by the passion to bring the world to Pune. We endeavor to maintain high quality standard in architecture that not only adapts in harmony with its surroundings but also promotes life, creativity and happiness. With cutting-edge technology and innovative construction practices, we aim to build developments that transform luxury and bring excellence to the fore, commanding appreciation in value and identity. We believe in incorporating designs that endure and quality that outlasts, setting new benchmarks in terms of sustainability and customer centricity for the real estate sector.

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