Living it up in villas

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: Urban Indians no longer want to make any compromises when it comes to their homes. More disposable incomes (blame this on double income families) and increased spending power means even the luxury apartment which comes at a high premium is no longer the only flavour of the season. Mediterranean style villas and European mansions are no longer a distant dream. Goa and Kerala’s heritage villas may have been converted into holiday retreats for the rich and in-the-mood-to-splurge visitors (both Indian and international) and film shooting venues, but in the last six months, the National Capital Region has also seen a spurt in demand for villas and mansions — and all of these for residential purposes.

Most of the luxury villas and mansions come complete with modular kitchens, Italian marble flooring, jacuzzis, in-house swimming pools, electronic security devices, steam bath facilities, wire gauge shutters, steel security gates, designer panel doors at main entrances, marble stone flooring in drawing/dining rooms, ceramic tile flooring in baths and kitchens, marble stone flooring in corridors, walls plastered and painted in pleasing shades of oil bound distemper, provision for hot and cold water systems, chrome plated fittings and everything that you’ve wanted in a dream house. And the best part is you don’t have to get involved in the day-to-day nitty-gritty of construction.

Gurgaon predictably is the favourite destination for most of the villas in the National Capital Region, thanks to the proximity to NH8, while Faridabad and Greater Noida follow close behind. In the last six months real estate bigwigs and property developers with access to prime residential land seem to have hopped on to the bandwagon, announcing construction of villas.

Says Avnees Sood, director, Eros Group, “Our Rosewood City township near Sohna, Gurgaon, is a 120 acre mini town with 180 villas and most of it is sold out. The three option villas are on 525 sq yard-975 sq yard plot and have built up area of 4,900-7,500 sq ft, priced between Rs 2.5-5 crore. We would like to explore possibilities of more such villas in Amritsar, Chandigarh and even Mumbai. For now, our next destination is likely to be Faridabad.”