{"id":51724,"date":"2021-04-12T14:53:45","date_gmt":"2021-04-12T09:23:45","guid":{"rendered":"https:\/\/navimumbaihouses.com\/blog\/?p=51724"},"modified":"2021-04-12T18:04:50","modified_gmt":"2021-04-12T12:34:50","slug":"penthouse-in-mumbai","status":"publish","type":"post","link":"https:\/\/navimumbaihouses.com\/blog\/news\/penthouse-in-mumbai\/","title":{"rendered":"Penthouse in Mumbai – Are They Popular?"},"content":{"rendered":"

India seems to be developing a lot in terms of infrastructure<\/a>\u00a0<\/em><\/strong>whether it is residential or commercial. As the buying capacity of people living in India especially living in a city like Mumbai has raised exponentially. Indians are now chasing luxury real estate which includes a penthouse. As of now, the developers are not that keen on developing penthouses in Mumbai, and there is a huge gap between the available penthouses and the number of buyers for them. This makes sure that if you invest in penthouses you are going to get benefit a lot in terms of return on Investment.<\/p>\n

\"Penthouse<\/p>\n

What are Penthouses?<\/strong><\/h3>\n

According to the oxford dictionary, a penthouse is an apartment or a bunch of rooms available on the top floor<\/a><\/em><\/strong> of buildings<\/a> with some additional lavish amenities than one ordinary apartment could have.<\/p>\n

\"\"<\/p>\n

In the beginning when this concept was evolved the builders and developers use to build the luxury apartment at the top of the buildings with some additional amenities and use to sell them at higher prices. Soon the concept has become so popular that the builders have started providing penthouses on the other floors as well to benefit more.<\/p>\n

The concept was more popular in urban cities where people need some privacy and extra spaces. Considering this, the builders and developers started developing exclusive and premium penthouses on the top floors and started to gain a good amount of benefit out of this new concept.<\/p>\n

More recently, looking after the demands the builders have started developing few exclusive units on the other floors as well which have distinct and unique features than that of the normal apartment houses in the same building.<\/p>\n

\"\"<\/p>\n

With the increase in the demand for luxury houses within the city at key locations, the penthouse concept has become so flourished and has become so popular among luxury home buyers that it has created its own sub-market. Usually, luxury home buyers want luxury with great connectivity<\/a> in a city like Mumbai where you may waste your hours of time to travel just 10 minutes of distance. Considering this, nowadays popular builders<\/a><\/strong><\/em> build a grand project with classy amenities and build some units with additional features that attract luxury home buyers.<\/p>\n

The Amenities Offered At Luxury Penthouses<\/strong><\/h3>\n

The amenities at the penthouse are generally designed to provide that extra luxury and comfort to the high-end luxury home buyers who are willing to pay huge amounts of money for such premium services. Generally, the following amenities are provided with the luxury penthouses in India.<\/p>\n

\"\"<\/p>\n

    \n
  • An Open Terrace exclusively for the penthouse owner<\/li>\n
  • Opulent Indoor Fittings<\/li>\n
  • Have different layout like the ceiling height could be higher than normal<\/li>\n
  • The Doors Could be of bigger size<\/li>\n
  • Luxury Penthouse Could Have Own Private Swimming Pool<\/li>\n
  • Could Have Private Elevators<\/li>\n<\/ul>\n

    The Target Segment For Luxury Penthouse In Mumbai<\/strong><\/h3>\n

    \"\"<\/p>\n

    Having a penthouse is a status symbol especially when it comes to metro cities like Mumbai as it needs to pay a hefty amount of money to have own. Usually, Celebrities prefer buying luxury penthouses in Mumbai being a Bollywood city. Also, it is a favorite among high-earning people like well-established businessmen and industrialists. It is also preferred by NRI’s and High-end executives.<\/p>\n

    The Pros and Cons Of Penthouse<\/strong><\/h3>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t
    Pros <\/center><\/th>
    		 cons<\/th>\n<\/tr>\n<\/thead>\n
    Unobstructed view <\/center><\/td>
    		Higher Maintenance<\/td>\n<\/tr>\n
    Will get ample sunlight<\/center><\/td>
    		Will get more exposure to heat and air which may affect the interior of the house <\/td>\n<\/tr>\n
    Recession Proof Investment <\/center><\/td>
    		Areas where there is a heavy rainfall , the seepage problem may arise being at the top floor<\/td>\n<\/tr>\n
    Will get Privacy <\/center><\/td>
    		Can get feeling of loneliness over the period of time<\/td>\n<\/tr>\n
    Exclusive Amenities and Comfort<\/center><\/td>
    		Being Luxurious you will need to pay more but the rental tield generated could be much lesser than your expectation<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

    Penthouse Price Range in Mumbai<\/strong><\/span><\/h3>\n

    The Penthouse prices in Mumbai ranges between Rs.20 crore to Rs. 1oo crore depending upon the per sq. ft. price of that particular area, however, it is dependant on multiple other factors too. Similar to Mumbai, you can find exclusive penhouses in the other metro cities of India like Pune, Chennai, Banglore, Delhi, Noida, etc.<\/p>\n

    Vastu Tips for Penthouses\u00a0<\/strong><\/span><\/h3>\n

    Buyers in India nowadays getting conscious about the Vastu shastra. If the penthouse is also constructed per Vastu then it is going to be beneficial in many ways.\u00a0 The Penthouse should be constructed in such a way that it has open spaces in either east or in the north direction.\u00a0It is also good in terms of nice ventilation and a good illumination point of view.<\/p>\n

    As per Vastu northeast corner is ideal for gardening to bring positive energy into the house. It is also recommended that the west and north sides of the penthouse should be completely closed by the walls and it should not have open spaces in these two directions.<\/p>\n

     <\/p>\n

    \n

    Navi Mumbai Houses is a popular property searching portal for rent sell and buy.<\/p>\n","protected":false},"excerpt":{"rendered":"

    India seems to be developing a lot in terms of infrastructure\u00a0whether it is residential or commercial. As the buying capacity of people living in India especially living in a city like Mumbai has raised exponentially. Indians are now chasing luxury real estate which includes a penthouse. As of now, the developers are not that keen […]<\/p>\n","protected":false},"author":7,"featured_media":51739,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8318],"tags":[14086],"yoast_head":"\nPenthouse in Mumbai - Are They Popular Real Estate in Mumbai As Well ?<\/title>\n<meta name=\"description\" content=\"Penthouse in Mumbai - Are They Popular?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/navimumbaihouses.com\/blog\/news\/penthouse-in-mumbai\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Penthouse in Mumbai - Are They Popular Real Estate in Mumbai As Well ?\" \/>\n<meta property=\"og:description\" content=\"Penthouse in Mumbai - Are They Popular?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/navimumbaihouses.com\/blog\/news\/penthouse-in-mumbai\/\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/navimumbai.houses\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-12T09:23:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-04-12T12:34:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/navimumbaihouses.com\/blog\/wp-content\/uploads\/2021\/04\/Penthouse.png\" \/>\n\t<meta property=\"og:image:width\" content=\"810\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@navimumbaihouse\" \/>\n<meta name=\"twitter:site\" content=\"@navimumbaihouse\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"navimumbaihouses\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/navimumbaihouses.com\/blog\/#website\",\"url\":\"https:\/\/navimumbaihouses.com\/blog\/\",\"name\":\"\",\"description\":\"Real Estate | Property in Navi Mumbai| Buy\/Sale\/Rent Properties Navi Mumbai\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/navimumbaihouses.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/navimumbaihouses.com\/blog\/news\/penthouse-in-mumbai\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/navimumbaihouses.com\/blog\/wp-content\/uploads\/2021\/04\/Penthouse.png\",\"contentUrl\":\"https:\/\/navimumbaihouses.com\/blog\/wp-content\/uploads\/2021\/04\/Penthouse.png\",\"width\":810,\"height\":450,\"caption\":\"Penthouse in Mumbai\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/navimumbaihouses.com\/blog\/news\/penthouse-in-mumbai\/#webpage\",\"url\":\"https:\/\/navimumbaihouses.com\/blog\/news\/penthouse-in-mumbai\/\",\"name\":\"Penthouse in Mumbai - 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