Foreign-themed homes are in vogue in Noida- Greater Noida, with inspiration drawn from Spain to Rome to Egypt. This is also helping developers differentiate their launches.
The real estate market may be facing tough times but there are many positive vibes in the Noida-Greater Noida property market. Among other factors, there are new offerings by the property developers which are finding favour with home buyers. The most prominent among these is the foreign-themed homes.
There are almost a dozen property projects in the Noida-Greater Noida region based on popular themes from abroad. Take for example Ajnara Ambrosia which is based on Spanish living style in Sector 118, Noida. The balconies and courtyards are poised to be arched hallways, giving this gated community the Spanish look.
ABA Corp’s Cleo County located in Sector 121 is based on Egyptian architectural theme. It boasts of having five level of cascading swimming pool with a sky bridge.
Supertech’s The Romano project is based on a Roman theme. Based in Sector 118, the prominent structure has curved arches, which are the significant architectural points on the Roman style of buildings. These are just some of the renowned projects that are being developed completely on a given project. Other than these there are many real estate projects in Noida that have Zen gardens. Or landscapes inspired by the global themes.
Home aspirants can pick and choose from a wide variety of available options form penthouses, villas and flats that have drawn inspiration from foreign home concepts like Greek houses, Spanish Villas and Mediterranean themes.
Enthusiastic Buyers Driving the Market
With changing mindset of young home buyers, they are no longer impressed by the general facilities like larger living spaces, latest amenities, swimming pools, health clubs or club houses. Their willingness of leading new lifestyle has gone far beyond. They look for the best of the best amenities and hence prefer internationally-inspired living style. The aesthetically designed surrounding, gardens overlooking the living room atriums, layered fountains are catching attention of many.
Developers Banking on Buyer Interest
In a growing and highly-competitive realty market of Noida-Greater Noida region, developers are adopting innovative designing approach to attract potential buyers. The developers of these foreign based residential projects are coming up with more evolved projects to cater to the new tastes of the buyers. Hence these theme-based homes are gaining prominence amidst the new Indian buyers those want a residential unit that matches with their lifestyle.
Dhiraj Jain, director, Mahagun Group, says: “The country’s changing demographics and rising aspirations have shot up the demand for theme-based residences in NCR. Numerous projects and townships are being planned on popular foreign themes to stand out amidst the crowd of almost identical projects. Developers are coming up with innovative methods to bring in exclusivity and launching projects ranging from cultural themes like Spanish and Roman to interest related themes likes sports, Disneyland and much more.”
He points towards the changing client demands and aspiration. “Larger-than-life and glamorous projects are on the rise with clients expanding their thoughts and living out of their dreams. Theme-based homes help in creating differentiation and is tagged with a luxurious element to it with ultra-swanky amenities on par with international standards. Moreover, the association of developers with celebrated designers and brands bring home to the Indian buyers unique design philosophies, brilliant architectural resplendence with updated technology, bespoke materials and impeccable finishes to break new ground in architecture, design and styling.
This concept meets the requirement of clients who want their homes to be a reflection of an alluring lifestyle that they glance while travelling the globe.”
Raheja Developers, who have internationally-inspired projects in the other parts of NCR are also entisiatisc about this trend. “The real estate trend in India is finally changing. People today are desirous to buy a home which is a style statement just like them. They desire for a comfortable and luxurious life with complete global amenities enjoyed by citizens worldwide. It is difficult to define luxury home, but a home which is in itself a landmark status and with world-class innovative features,” said a company spokesperson.