In the ever-evolving landscape of India’s real estate sector, properties located near picturesque regions have come into focus. Many of today’s homebuyers believe that scenic views significantly enhance a property’s desirability—alongside luxurious amenities and community benefits.
In this blog post, we will take a closer look at how a beautiful view can enhance the value of a luxury property, both in terms of the qualitative and financial aspects.
The Premium Value of Ocean, Lake, and City Views
Why Water-Facing Properties Command Higher Prices
Compared to properties that are land-locked on all sides, homes with waterfront homes are generally more valuable. This higher value of waterfront properties is due to some specific factors listed below:
- Exclusivity: Compared to landlocked homes, those with a waterfront are not so common, which contributes to their exclusivity. Moreover, such homes provide residents with a combination of comfort, proximity to nature, and luxury, a lifestyle that’s highly sought after among premium home buyers.
- Aesthetic Appeal: The aesthetics of a waterfront property make it stand out from other types of properties. A home with a sprawling corridor overlooking a river, ocean, or lake offers unmatchable views, especially in comparison to busy city areas.
Rather than waking up to the sounds and sights of a bustling city, witnessing a panoramic ocean view every morning is more valuable to any premium home buyer.
- Recreational Opportunities: The diverse range of opportunities for relaxation and rejuvenation adds to the desirability of a waterfront home. Residents can enjoy water-based activities while staying close to their homes.
There are endless possibilities for recreation, ranging from fishing and kayaking to boating and swimming.
- Scarcity of Land: There’s always a high demand for waterfront properties, thanks to their limited availability and unique location. Notably, this scarcity may cause a significant increase in property values over time, leading to their emergence as an attractive option for investment.
For instance, the scarcity of land in Mumbai, particularly in prime areas like South Mumbai, has led to relatively stable real estate prices due to high demand and limited availability.
The Appeal of Skyline and Mountain Views
- Rejuvenating Skylines:
A skyline view has an undeniable appeal—it offers residents an evolving backdrop daily. Thus, you get to replenish your mind and body after the daily grind or can witness the changing colours of the sky while at home with your loved ones.
Every hour in such a home becomes an exceptional experience, whether you’re hosting a get-together or just enjoying your evening coffee.
- Majestic Mountain Views:
However, if you’re fond of more majestic views that can create the vibe of a vacation while you’re at home, then a home with a mountain view can be a perfect choice.
Trusted developers such as Rustomjee offer lavish properties with mountain views, which are planned and designed to offer the best premium living experience.
Besides enjoying ethereal mountain views every day, you also get to satisfy your traveller instincts by venturing out for hiking and sightseeing at your convenience.
Read Also: Top Amenities at Rustomjee Ocean Vista: Elevating Your Lifestyle
How Views Impact Property Appreciation
Price Appreciation for Homes with Scenic Views
Homes that offer scenic views are likely to witness significant price appreciation. For instance, property prices have increased substantially in Chembur, an area in Mumbai known for its homes that offer spectacular sea views.
In the period from 2019 to 2023, sales of properties in the region went up from 837 to more than 1200 units.
Why Penthouses Are in High Demand
Penthouses that offer large living areas, expansive views, and the best-quality amenities are highly sought after in cities such as Mumbai.
In Mumbai’s luxury real estate market, penthouses have been sold at prices reaching up to Rs.1.50 lakh per square foot, reflecting the high demand for such properties in the city.
This is because penthouses provide residents with a lifestyle beyond the mere definition of luxury, unobstructed picturesque views, exclusive residential services, and ample opportunities for recreation.
Customisation & Architectural Design for View Enhancement
Floor-to-ceiling Windows and Open-Concept Layouts
- Floor-to-Ceiling Windows: These windows are an integral part of the design of luxury properties that offer scenic views. Stretching from the ceiling to the floor, as evident from the name, they create a stunning visual effect.
The primary reasons behind creating such windows are maximising natural light, making the space feel more open and larger, and providing an obstructed view of the surroundings.
- Open-Concept Layout: Open-concept property plans let living spaces flow seamlessly, creating an airy and expansive atmosphere. These plans can establish a better connection between outdoor and indoor environments.
Moreover, these plans remove traditional walls separating the dining, kitchen, and living areas in a home, creating a more versatile space.
Rooftop Terraces and Infinity Pools for Maximizing Scenery
Rooftop spaces and infinity pools offering spectacular views are where you get to spend your leisure time the way you want. On a rooftop terrace, residents can get panoramic views of the surrounding scenery. Moreover, such spaces usually provide a varied range of options for recreation, including dining zones, BBQ grills, rooftop kitchens, and swimming pools.
Infinity pools have water at the same level as their edges and offer a smooth blend of nature and elegance. They also offer the right functionality and are created using tiles to result in an illusion of a horizon that’s boundless.
Such places are perfect for hosting parties and gatherings of all kinds, providing you with the ideal setting for spending time with your close ones.
Smart Home Tech for Enhancing Views
AI-Driven Window Tinting
This technology applies the power of artificial intelligence to regulate the tint and opacity of your home windows on the basis of real-time forecasts of the weather.
As such, when you wake up on a sunny morning, the window adjusts its tint automatically to reduce the glare and cool the home. Similarly, when the atmosphere turns cloudy, the tint is lightened to let in natural light, enhancing comfort and energy efficiency.
Augmented Reality (AR) Features for Immersive Experiences
Augmented Reality transforms the showcasing of properties, providing an immersive experience to potential home buyers. As such, before you purchase a property, you can experience the home views with advanced AR solutions.
By helping you visualise a property in detail, such technology bridges the gap between reality and imagination and ensures a better selection of properties with scenic views.
Read Also: What Sets a Luxury Real Estate Brand Apart – Key Qualities to Look For
Conclusion
Owning a home that offers scenic views has several emotional benefits. Residents can steer clear of mental anxiety and stress when they get to enjoy panoramic sunrises and sunsets from the comfort of their homes. In fact, it lifts the spirit and sparks motivation for creative pursuits.
Adding to the emotional advantages are the potential financial gains, with instances of increased sales of properties offering picturesque views of the surroundings.
Rustomjee boasts several residential projects in Mumbai that offer luxury apartments with captivating views and the best facilities. To know more about such properties, reach out to us today.
FAQs
- Can the value of a property with scenic views vary based on the size?
Yes, larger properties are likely to offer more expansive recreational outdoor spaces, which can increase their perceived value, owing to the scenic spots.
- How lucrative is a penthouse for real estate investors?
In case of a high capital investment, the prices of these properties are likely to experience minimal depreciation. Thus, it is much safer to invest in such highly priced properties with scenic views compared to mid-range properties.
- What is the level of maintenance required for floor-to-ceiling windows?
Frequent cleaning of such windows is required to ensure they retain their appeal over the years and contribute to the overall desirability of a home. It’s best to clean these windows with a microfiber cloth and a mild cleaning solution at least twice a week.
