The changing face of Luxury Housing in India

By Manan Vyas

With rising income levels and transforming lifestyles, the definition of “luxury housing” in India is rapidly evolving. High-ceilinged baroque mansions perked amidst acres of manicured lawns shaded by leafy oak trees, which represented luxury in the colonial era, have given way to a more modern, urban concept of compact, functional spaces, with their utility enhanced by technology. While there is no checklist for labelling a property as luxury, there are a few features common among such upscale properties in major Indian cities. However, experts believe that a pool, gym and sports facilities are now considered basics and that if a builder wants to differentiate his project from the rest, it is “niche USPs” like art and architecture that he needs to focus on.

Artists’ impression

In fact, this era has also paved way for a combination of the old and new—the new age “palatial homes” or “villas in the sky” offering old-style comfort and architecture amidst the hurly-burly of city space. For instance, Prestige Leela Residences is one such project wherein, Hotel Leela Venture has signed a joint development agreement with the Prestige Group to develop its surplus land in Bangalore. The development will mirror the architecture of the adjacent five-star Hotel Leela Palace, which was in turn inspired by the Mysore Palace. Naturally, the residential tower is adorned with awe-inspiring features such as overhanging eaves, vaulted roofs & domed chhatris.

Artists’ impression

The eighty-eight residence development is centrally located on the Old Airport Road, Bangalore, and claims to have been “tastefully designed to echo luxury blended with regal ambience”. Additionally, the units include four palatial duplex penthouses, intricate detailing and ornate features such as domes, arches and ceilings. The breathtaking architecture is clubbed with amenities such as a mini theatre, gymnasium, outdoor party area, health club, swimming pool, indoor party area and a supermarket store, supplementing the royalty with modern day practicality and luxury.

Artists’ impression

Besides, the project is situated in Indiranagar, which is strategically located at the centre of the city, and is hence, one of the most sought-after localities in Bangalore. The upscale locality is dotted with bungalows, independent houses, and upscale apartments, and enjoys good connectivity to M.G. Road through the Inner Ring Road.

Artists’ impression Artists’ impression

Namma Metro has also improved the connectivity to and from the area, thereby rendering it one of the most ideal locations to own a house in Bangalore. Prestige Leela Residences is, therefore, redefining luxury by offering its inhabitants with royal palaces of their own!

Cannot wait to own a ‘palace’ in the middle of the city? For more information, you may visit their website, which contains all the details you might need to make one of these homes your own. If you want to know more about the Prestige Firm and their other projects, then add Prestige to your life.