Demand for luxury apartments increased by 112 percent in 2023 compared to 2022. No broker says that people now have more disposable money, so they are investing in expensive real estate. But what is the definition of a luxury apartment? How is it different from an affordable flat? These are some questions that come into people's minds.

When a person prepares to buy a house, he does a lot of research. Also, he tries to save as much as possible. He often does not know how much money would be appropriate to pay for a flat or why one should pay more money for a flat. Today we will tell you why the price of 3 BHK is Rs 45 lakh and the price of another 3 BHK is Rs 45 crore. We will see what you are getting by paying more money.

big house

Though both the rooms are the same in 3 BHK but there is a difference in their size. Expensive flats have big rooms and plenty of space. Often a servant quarter is also available.

Storage space, high ceilings, more light

In expensive flats, your ceiling will be high. This makes the flat seem much bigger. It is very airy. Has much better ventilation than cheap flats. Expensive flats also have more space.

Central AC and Heating

Luxury or expensive apartments have central AC and central heating for winter. People who have always lived in homes with centralized cooling and heating find it difficult to live without it, and therefore pay more.

some additional features

Many things differentiate an affordable flat from a luxury flat, including location, area, and central cooling-heating system. Like there is a garden gallery in a luxury flat. Your society has a gym, spa, and swimming pool. The security arrangements are very tight.