Island Homes- A Kudos Sign for the Rich in Real Estate Sector

Island-homesImagine getting up in a home with the view of beautiful sunrise, sipping coffee and watching the sun getting disappeared in the beach during the evening hours, listening to the sound of water waves with the tranquil atmosphere. Doesn’t this all feel very mesmerizing? Island homes allow you take the pleasure of such overwhelming living. Everybody cannot afford this pleasure as these homes come with a huge price tag. Island homes have become a status symbol in the luxury real estate segment. This housing concept is quite prominent in foreign countries but even India is now adapting this trend. Most of the developers are coming up with island homes in coastal areas like Goa and Kerala. The backwater and the extensive lakes of Kerala and the beach areas of Goa have become the hottest destinations for Island homes. This real estate trend is a best escape option from the city’s hustle-bustle.Developers who are coming up with Island Homes:Most of the developers feel that this fast catching trend will soon replace farmhouse which was the style statement and a sign of status for the high-end class. Island homes have become the most favorable choice of the affluent class. These homes are not only classy and opulent but the hinterland and the environment rejuvenate your senses. Despite of the objections from the environmental activists and the local bodies, developers are offering wide range of options in island housing.Goa:The city of beaches, Goa is witnessing a strong upsurge of developers who are planning to launch island homes. Ozone Group, a Bangalore-Based real estate firm is setting up an ultra-luxurious residential-cum-hospitality project in Goa. The company would be investing around Rs. 1,000 crore for this project. According to the builder, only 5% o the island area will be utilized for developing the project which would consist of 80 to 100 splendid villa residences. The villas would cost more than Rs. 20 crore. Apart from villas, the project will also comprise of luxury resort hotels and a marina to port the yachts. The project will be constructed on a small area of Capao Island in Goa.Kerala:One of the prime coastal areas of India, Kerala is nowhere behind in the race of island homes. Most of the realty firms are eyeing this location to develop the projects. Renowned southern developers like Brigade Enterprises and Nitesh Estates are planning to launch island real projects in Kerala. Brigade Enterprises have purchased a 16-acre land in Vaikom, few years back. The company is planning to tie-up with a hospitality firm to develop resort hotel. Nitesh estates, also a Bangalore-based realty company have acquired land in Bolgatty which is one of the hottest tourist spots of Kerala. The location is just boat ride away from the major port city, Kochi. The company is planning to partner, India’s largest hospitality chain to develop the property. The project would comprise of branded residences and resort hotels.The well heeled section of the society is mostly planning to invest in Island Homes as it is a refined investment option in the real estate sector.займ на карту без отказов круглосуточновзять кредит онлайн

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