What is Penthouse? - Advantages & Disadvantages of Buying a Penthouses in Delhi NCR

30.Jul.2023

A penthouse is an uppermost floor differentiated from other floors because of its presence on top of additional luxury and comfort. Architects designed and located the penthouse so that it suites and boasts spacious living.

These luxurious penthouses are Constructed on the top of any skyscraper, offering many breathtaking views, exclusivity, and unmatched luxury.

Penthouse offers a lavishing lifestyle, unique features, ample bedroom space, and an opulent view. Penthouses are naturally targeted to people such as entrepreneurs, CXO’s lawyers who have money to spend on lavishing lifestyle.

The Project Godrej Tropical Isle is also a luxurious apartment in Noida Sector 146. The project has a luxurious lifestyle.

Advantages of Owing a Penthouse

Indeed, real estate like pent has its advantages because Penthouse offers connectivity to primary business hu, parks, malls, schools, and restaurants. Because of its luxuries due to its luxurious nature, it is present in most disabled locations in Delhi NCR. Some of them are discussed below.

Multi-Level Apartments

Usually, penthouses, Multi-level apartments, owners feel to own large apartments with 3,4 BHK bedroom apartments. Owners of these penthouses are on the uppermost level of the building with fully luxurious amenities. They want to spend quality time with their family and friends, so people prefer to own a penthouse because they need enough space.

Amazing breath-dropping views

Penthouses come with stunning, and Berath takes views of the outside environment. Because of their presence at an elevated height, they can create a daily sense of wonder and tranquility.

The most striking and unique of penthouses is their view of the city where they live. Being on top of building penthouse pictures is mesmerizing, and living in that height biome is the main reason to invest in the penthouse.

Super luxuries amenities

Penthouses come with super luxury amenities like private elevators, rooftop gardens, infinity pool, private spa and wellness facilities, floor to ceiling glass covered windows, luxurious bathrooms with jacuzzi fit-in, private wine cellars, private home/ movie theatre, and many more.

They are fitted to provide opulent living experiences to their owners with the best in class location to ensure the alignment with lifestyle preference and luxury.

Elite location

The location of the penthouse depends upon the place of its presence. The topmost floor is attractive, making it exclusive living, proximity to key landmarks, breathtaking views, and access to luxurious amenities.

The most significant advantage of owning a penthouse is the presence of exclusivity in it; hence it becomes a wise form of investment.

Since India’s economic condition is improving and people have a lot of money to spend on luxuries, this makes a wise investment too. Also, penthouses are in trend in cities like Delhi NCR and have a bright future because many people in big cities are increasing daily because of growing income opportunities.

The Disadvantage of Investing in a Penthouse

Exorbitant purchasing cost

Since penthouses are an exclusive type of property and not readily available, they are priced at a very premium rate that is relatively high in most cases.

The investment of a penthouse ranges between rs 15 crores to 100 crores, depending upon the place to place, which is relatively high for most Indians to afford.

High maintenance cost

Most of the problems with the penthouse come from the fact that they have high overhead cost bear by the buyer at the time of investment in the penthouse.

Since the penthouse comes under a luxurious segment, it has many indoor and outdoor areas. Adding to that, cleaning and maintenance of the property can be expensive and is added to the penthouse cost.

Exposure to environmental factors

Living on the top floor of a skyscraper brings challenges, some related to the environment. Factors such as Environmental pollution of the air and noise, exposure to the direct heat of the sun, and significant temperature fluctuation make the maintenance and electricity costs high as air conditioning is necessary for summers and home heaters are necessary for harsh cold winters.

Conclusion

Owning a penthouse is a dream come true for many people, offering unimaginable, lavishing, unparallel views, privacy, luxury amenities, and status.

Likewise, it has disadvantages, such as high maintenance costs and exposure to environmental factors. With any real estate, proper due diligence, careful consideration, and personal preference are necessary to start investing in real estate.

What is Penthouse? - Advantages & Disadvantages of Buying a Penthouses in Delhi NCR