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Looking to invest in a luxury property? Pin code is the key, say experts

Early entry in emerging destinations could fetch good returns, say experts

real estate
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The luxury segment, which had been somnolent for many years, has witnessed strong demand in recent months

Sarbajeet K Sen
The real estate market has been reviving since the second wave of Covid-19 ebbed. The luxury segment, which had been somnolent for many years, has witnessed strong demand in recent months. 

Location, location, location

The foremost factor that defines luxury is a coveted location. “Prized zip codes are the key. In addition, privacy and seclusion, great views, high-end interior, and architecture that is in sync with international trends are aspects that define luxury,” says Anupam Rastogi, co-founder and head of NRI sales at Square Yards.

The price benchmark for luxury varies from one city to another. “Luxury real estate is the top 5