real-estate-amenities

Amenities are an important part of any Real Estate Project, which builders use to woo home buyers. While some amenities are essential, like a security system, elevators, etc., property sellers may, at times, also highlight amenities to hide flaws in the project flaws or to propel the sales momentum.

Experts believe that it would be wrong to say that amenities do not influence a buyer’s decision. However, if a project has an indoor/outdoor swimming pool, a gym, or a park, it will require consistent maintenance and add to the home owner’s overall monthly expense. Despite this, many buyers now a days ask for such amenities, while buying a project.

Important versus avoidable amenities

The budget and the segment that the home buyer belongs to, also play an important role in deciding whether certain amenities are essential or avoidable. An affordable home buyer may feel satisfied with a basic home, without any extra facilities, whereas a luxury home buyer may want more than the amenities that are already provided in a project. For example, a swimming pool, gym, club house, spa, bar, etc., can come under the avoidable list, for affordable home buyers. However, for home buyers in the luxury segment, these could be the basic requirements.

The list of amenities that are broadly recognised as essential or discretionary for the home buyers are:

Essential Amenities:

  • Car parking
  • Security services
  • Water supply
  • Elevators
  • Power backup
  • 24-hour maintenance

Discretionary Amenities:

  • Walking/Jogging track
  • Play area
  • Club house
  • Swimming pool
  • Gym
  • Rooftop garden
  • Open deck
  • Sky lounge
  • Spa and salon
  • Party hall
  • Temple and religious activity place
  • Wi-Fi connectivity
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