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      Top 10 Factors to Help You Choose the Right Floor in a High-Rise Residential Project

      By SQUAREA Knowledge Hub

      Published: March 3, 2024

      In attempts to accommodate the growing population and influx of people for better employment opportunities, many Indian cities are now growing vertically. As a result, which floor to buy a flat on has become one of the most pressing questions for prospective home buyers. Should you go for accessible lower floors or enjoy scenic views from the top floors? The answer is not always straightforward but can significantly impact your living experience.
      So are you a home buyer contemplating which floor will be the best for you in a high-rise residential project? Here are some factors you should consider before making that choice:

      Floor Rise Charges (FRC)

      Because of the perceived higher quality of life on top floors, many builders charge – anywhere between 15% and 25% – extra for flats on higher floors. The FRC is determined by the builder or the construction company and takes into account the overall construction costs, interests, and overheads. So if you want to live on higher floors, you will need to adjust your budget accordingly.

      Security and Privacy

      Lower floors are usually considered comparatively unsafe as they are easier for criminals and other anti-social elements to break into than upper floors. But if you are set on choosing a lower floor, be sure to verify the security arrangements in and around your high-rise complex.
      Additionally, lower levels also offer less privacy, especially if the building is near a busy road. So if you want to enjoy a quiet and peaceful home, higher floors may be better suited for you.

      Fire Safety

      Fire safety can be an issue for occupants on higher floors. An occupancy certificate from the local authorities can help you determine whether the building has received clearance from the fire department and meets the necessary safety criteria.

      Access and Family Considerations

      Ideally, high-rise buildings must offer at least two lifts and staircases so people can rely on another lift in case one fails. The number of lifts and backup systems becomes crucial when you consider your family members – especially elders and small children. In a case where both lifts fail, you have to rely on staircases and must consider whether they would be convenient to use and easy to access.

      Floor Deviations

      In many cases, builders deviate from the construction plans on the top floor, which can get you in trouble down the line. So if your heart is set on the top floor, make sure that the construction adheres to the approved plans and has all the necessary clearances.

      Network Coverage

      You may experience spotty mobile network coverage as you go up in a high-rise building. Broadband facilities may also be unavailable on higher floors. So make sure you have adequate network coverage in the flat if you choose a higher floor.

      Power Consumptions

      Lower floors are generally cooler than top floors and require less energy – especially during summers when you must run AC units or coolers to keep your house cool. You need to keep the electricity costs in mind when choosing the floor, especially if your city experiences long and harsh summers.

      Vantage Point

      The most obvious advantage of top floors is the vantage point and views you can experience from your windows or balconies. So if the high-rise is near a scenic place and you want to enjoy the view, go for the top floors.

      Light and Ventilation

      Apart from the view, higher floors also have better natural light and ventilation, making your home feel light and airy. You will also be away from street-level disturbances if you opt for top floors rather than ground or lower floors.

      Rental Returns

      If you are buying a flat as an investment, lower floors may fetch better rental returns. But make sure to understand how the climate affects renters’ choices. For example, renters in Mumbai or Bangalore prefer upper floors – away from the noises of the street, whereas renters in Delhi – NCR and Chennai prefer lower floors.
      Still confused about what floor to choose? Squarea expert team can help you find the right luxury home for you. Get in touch with us today to find the home that fits your lifestyle.

       

      For more details on this subject, please email hello@squarea.io


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      • Investment

      Other Stories

      30 April 2025
      Beyond the Brand Name: What Makes a Branded Residence Truly Worth the Investment?

      The luxury real estate market is evolving, and at its forefront is the rise of branded residences. These sought-after properties are developed in collaboration with global names in hospitality, fashion, and design. Making these homes go beyond architecture and amenities, they offer a lifestyle, a legacy, and a distinct identity.

      Initially a niche concept, branded residences have now moved into the mainstream. According to Savills, the number of such developments has increased by over 150%, with approximately 700 completed projects worldwide and an additional 600 in the pipeline expected by 2030.

      This momentum isn’t limited to traditional luxury markets. Buyers in emerging economies are also drawn to the assurance of quality and global recognition. And with Knight Frank forecasting 12% annual growth through 2026, it’s clear that branded residences are gaining lasting traction. As the category matures, it’s important to understand what truly sets branded residences apart from conventional luxury homes.

      Distinctive Features of Branded Residences: Value Beyond the Brand

      While the brand name lends immediate appeal, what truly justifies the premium that investors pay for these residences is the end-to-end value delivered throughout the ownership lifecycle. Differentiating factors like these add to the long-term value of branded residences:

      • Brand Association: Affiliation with globally recognised names such as Four Seasons, Aman, Armani, or Versace enhances a property’s appeal, assuring buyers of design excellence, service consistency, and long-term value.
      • Design Excellence: These residences often feature bespoke designs that reflect the brand's ethos, offering a unique aesthetic experience.
      • Premium Amenities: Residents enjoy access to exclusive facilities such as concierge services, wellness centers, and private clubs, elevating the living experience.
      • Professional Management: Ongoing maintenance and service standards are upheld by the brand, ensuring long-term value retention.
      • Global Brand Benefits: Many branded residences come with loyalty perks or special access to other properties by the same brand, adding extra value for frequent global travellers.
      • Legacy Appeal: Buyers often see these homes as long-term family assets, properties they can pass down, making them more emotionally valuable and less likely to be sold quickly in downturns

      These elements collectively contribute to the allure of branded residences, making them a preferred choice for discerning end-use buyers and investors.

      Investment Perspective: Branded vs. Non-Branded Luxury Homes

      From an investment standpoint, branded residences often outperform their non-branded counterparts. On average, branded residences command a 30% premium over similar non-branded properties (Savills). In emerging markets, this premium can be even higher. For instance, in certain regions, branded residences have achieved premiums of up to 54% compared to non-branded developments (Savills).

      Beyond initial pricing, branded residences tend to offer:

      • Higher Resale Values: The brand's reputation can lead to increased demand in the secondary market.
      • Stronger Rental Yields: TProperties managed by reputable brands often attract premium tenants willing to pay higher rents for quality and service.
      • Lower Vacancy Rates: The comprehensive amenities and services reduce turnover and maintain consistent occupancy.

      These factors make branded residences a compelling option for investors seeking both capital appreciation and steady income streams. As global investors recognise these advantages, India’s luxury buyers are also moving in a similar direction.

      India's Embrace of Branded Residences

      India’s growing base of high-net-worth individuals, rising disposable incomes, and a younger, globally aware population are reshaping the demand for luxury real estate. Branded residences are increasingly favoured by this new-age buyer, not just for their exclusivity but for the trust and lifestyle assurance that global brands bring. This paradigm shift has resulted in cities like Mumbai, Pune, Delhi NCR, and Bengaluru to witness a steady rise in such developments. Pune, in particular, is emerging as a hotspot for branded residences. Developments like YOO Pune by Philippe Starck, YOO Villas and Trump Towers Pune exemplify the city's potential to host world-class luxury projects. These residences offer opulent living spaces along with a lifestyle aligned with global standards.

      Branded residences go beyond the name on the façade. They blend thoughtful design, five-star service, and long-term value into one cohesive offering, making them far more than luxury addresses. For today’s buyers they represent a rare combination of lifestyle enhancement and investment clarity. It’s this duality that sets them apart.

      At SQUAREA, we believe that investing in a branded residence is not just about owning a prestigious home, it’s about making a strategic choice that aligns with your aspirations and lifestyle. Our team offers tailored insights and access to India’s most exclusive branded residences, helping you move beyond the brand name and into a truly meaningful investment. For personalised assistance, reach out to us at hello@squarea.io or call +91 90 9641 9641. Let's explore the possibilities together!

      30 April 2025
      Commercial Real Estate in Pune: Key Areas and Market Trends to Watch in 2025

      Once known primarily for its academic institutions and automotive base, Pune has steadily transformed into one of India’s most active and tightly held commercial real estate markets. This evolution has been shaped by the city’s expanding tech ecosystem, the rise of Global Capability Centres (GCCs), and growing interest from multinational occupiers across sectors like IT, BFSI, and consulting.

      In terms of performance, Pune has consistently outpaced peer markets on office space absorption, rental stability, and institutional-grade development. And in 2025, with over 10 million sq. ft of new Grade-A supply in the pipeline, it is not just maintaining investor confidence, it is actively shaping the next phase of growth among India’s Tier 1 commercial corridors (Cushman Wakefield).

      Where is this growth concentrated, and what are the key trends driving it? Here’s a closer look at Pune’s core investment zones and evolving market dynamics that provide the answers.

      Key Investment Areas in Pune’s Commercial Real Estate Market

      Commercial demand in Pune is concentrated across select micro-markets that offer the right combination of location advantage, infrastructure readiness, and premium-grade supply. These include both well-established and emerging micro-markets.

      Secondary Business District East (Kharadi, Viman Nagar, Yerwada, Kalyani Nagar)

      SBD East continues to dominate Pune’s commercial landscape, accounting for the highest net absorption in Q1 2025 at 1.12 million sq. ft. It also accounted for 45% of all leasing activity in Pune, supported by strong early bookings and large office deals from BFSI and flexible workspace companies. Despite robust new completions of around 1.65 million sq. ft, rentals held steady at an average of ₹98.84 per sq. ft/month, reflecting healthy demand. The area remains attractive due to its proximity to Pune Airport, established residential catchments, and connectivity to CBD zones. (Cushman Wakefield)

      Where is this growth concentrated, and what are the key trends driving it? Here’s a closer look at Pune’s core investment zones and evolving market dynamics that provide the answers.

      Key Investment Areas in Pune’s Commercial Real Estate Market

      Commercial demand in Pune is concentrated across select micro-markets that offer the right combination of location advantage, infrastructure readiness, and premium-grade supply. These include both well-established and emerging micro-markets.

      Secondary Business District East (Kharadi, Viman Nagar, Yerwada, Kalyani Nagar)

      SBD East continues to dominate Pune’s commercial landscape, accounting for the highest net absorption in Q1 2025 at 1.12 million sq. ft. It also accounted for 45% of all leasing activity in Pune, supported by strong early bookings and large office deals from BFSI and flexible workspace companies. Despite robust new completions of around 1.65 million sq. ft, rentals held steady at an average of ₹98.84 per sq. ft/month, reflecting healthy demand. The area remains attractive due to its proximity to Pune Airport, established residential catchments, and connectivity to CBD zones. (Cushman Wakefield)

      Central Business District (Bund Garden, Koregaon Park, Camp)

      The Central Business District accounted for approximately 9% of Pune’s leasing activity in Q1 2025, with net absorption of around 0.23 million sq. ft. Although vacancy levels are higher here at 21.5%, the area remains relevant for corporates preferring centralised locations. The CBD continues to attract corporates and flexible workspaces looking for premium addresses. (Cushman Wakefield)

      Peripheral Business District West (Hinjewadi, Baner, Wakad)

      Home to Rajiv Gandhi Infotech Park and large Special Economic Zones (SEZs), PBD West remains Pune’s core tech employment belt. Known for scalability and affordability, it’s also a rising zone for coworking, GCCs, and high-spec business parks such as Blue Ridge SEZ.

      Emerging Nodes (Pimpri-Chinchwad, Hadapsar, Balewadi)

      Locations like Pimpri-Chinchwad, Hadapsar, Mundhwa, and Balewadi are gaining ground among startups and investors looking for smaller-format leased spaces. Developments like Kohinoor World Towers in Pimpri-Chinchwad, Amar Pristine 81 in Mundhwa, are attracting both occupiers and individual investors for their competitive pricing. These nodes combine modern infrastructure with competitive pricing and are increasingly being viewed as Pune’s next wave of commercial growth.

      Together, Pune’s micro-markets offer a well-balanced ecosystem, ranging from high-yield institutional corridors in the east to tech-driven expansion zones in the west, and emerging nodes primed for future growth. This spatial differentiation is a key reason why Pune continues to outperform in both leasing velocity and absorption volumes. The strength of these zones is backed by data from 2024 and Q1 2025, Pune has recorded historic highs in new supply, absorption, and occupier activity across segments. These market metrics reinforce Pune’s stature as one of India’s most resilient and investment-worthy commercial hubs.

      Pune’s Commercial Office Market Performance: Key Trends from 2024-2025

      According to Knight Frank India, Pune witnessed a 19% growth in office leasing in 2024, with activity totalling 8 million sq. ft, reflecting broad-based tenant expansion across IT, BFSI, and coworking sectors (TOI). In Q1 2025, the momentum further accelerated. Pune added a record 3.2 million sq. ft of new Grade-A office supply, a 90% increase over the previous year. While this did push the vacancy rate to 11.23%, the city remains India’s second-tightest office market, behind Bengaluru (Cushman Wakefield). This strong absorption, diversified demand, and influx of global-grade assets paint a clear picture of where Pune is headed.

      What Lies Ahead: Pune’s Commercial Outlook for 2025 and Beyond

      With 10 million sq. ft of new space expected in 2025 and 11 million in 2026, Pune is entering a growth phase led by institutional developers and occupier-led demand. Notably, Trump World Center, a 1.6 million sq. ft branded commercial project, is now under development, offering both strata and leased office space. This marks the entry of international branding into Pune’s commercial skyline and highlights growing investor sophistication (TOI).

      What makes Pune stand out is its balance of fundamentals:

      • Lower entry prices than Mumbai or Bengaluru
      • Consistent rental yields across SBD and PBD corridors
      • Diverse tenant base, including IT, BFSI, and GCCs

      At SQUAREA, we help investors capitalise on Pune’s accelerating commercial real estate cycle. Whether you're looking to acquire income-generating leased assets, explore premium office investments, or enter future-ready growth corridors like SBD East or PBD West, our team offers unmatched access and strategic insights. You can reach out to us at hello@squarea.io or call us on +91 90 9641 9641.

      30 April 2025
      Kharadi in 2025: Pune’s Fastest Growing Hub for Commercial Real Estate

      Once known as a quiet neighbourhood on the outskirts of Pune, Kharadi has emerged as the epicentre of East Pune’s real estate market. With seamless connectivity, premium office supply, and institutional-grade developments, Kharadi now plays a pivotal role in driving Pune’s commercial momentum in 2025.

      This transformation is underpinned by robust market performance. According to Cushman & Wakefield’s Q1 2025 Office Market Report, Pune recorded a historic leasing high of 3.5 million sq. ft, led predominantly by the East Secondary Business District. This is a prime commercial cluster that includes Kharadi. SBD East accounted for the highest net absorption in the city at 1.1 million sq. ft, propelled by high ticket-size deals, particularly from BFSI and flexible workspace operators. This activity was anchored in Grade-A commercial spaces, top-tier office assets that offer best-in-class specifications, efficient layouts, and global-standard amenities.

      What’s fuelling this momentum is a convergence of many key factors. Let’s take a closer look at the reasons why Kharadi is leading the charge as Pune’s most promising commercial real estate investment destination in 2025.

      1. Seamless Connectivity to Key Economic Zones

      Kharadi’s location offers unmatched access to Pune’s key commercial corridors. It sits in proximity to established hubs such as:

      • Magarpatta City
      • World Trade Centre
      • EON IT Park
      • Kalyani Nagar and Koregaon Park

      This connectivity allows businesses in Kharadi to tap into an existing ecosystem of IT majors, financial institutions, and global corporates, making it a magnet for high-value commercial activity.

      2. Metro Line 2 Extension: A Game Changer for Commute Efficiency

      The upcoming extension of Pune Metro Line 2 will connect Kharadi to Bund Garden, Kalyani Nagar, and Ramwadi, reducing travel times across key zones. Once operational, it will directly benefit daily commuters and corporates, while also enhancing the investment viability of adjacent commercial assets.

      Areas along operational and upcoming metro corridors will typically witness a price appreciation, as improved access leads to stronger demand from occupiers and businesses (MagicBricks).

      3. Pune Ring Road Project: Boosting Inter-City Mobility

      Another significant boost to Kharadi’s profile is the Pune Ring Road project, designed to improve city-wide connectivity and reduce congestion across high-traffic zones. It will directly link Kharadi to key growth centres, including Shivajinagar, Hadapsar, Hinjewadi, and Baner.

      Estimates suggest that commercial properties in areas connected by new ring roads and bypasses could see capital appreciation of 15–20% by 2025.

      4. Proximity to Pune International Airport

      Kharadi’s location offers a critical edge, direct access to Pune International Airport, situated approximately 8.5 kilometres away. This makes it exceptionally well-suited for corporates with frequent air travel needs and companies dealing with international clientele. The convenience factor alone has been a key driver for multinational firms choosing Kharadi for regional headquarters or operational centres.

      5. Grade-A Commercial Supply with Modern Amenities

      Kharadi is home to some of Pune’s most prominent Grade-A commercial developments - premium office properties that adhere to global standards in design, safety, sustainability, and tenant experience. These include well-established business parks such as:

      • World Trade Center
      • EON Free Zone
      • Gera Commerzone

      These developments offer features like LEED-certified design, smart infrastructure, flexible floorplates, and modern green amenities, making them highly attractive for blue-chip tenants and institutional investors.

      6. Strong Tenant Demand from IT and Allied Sectors

      Kharadi has become a nucleus for technology, finance, and consulting firms, creating consistent demand for both office and co-working spaces. With high occupancy levels in most Grade-A developments, rental yields in this zone have remained robust even during broader market slowdowns.

      This growth is part of a broader upswing in the city's commercial development. Pune’s new Grade-A office supply witnessed a 53% quarter-on-quarter and over 90% year-on-year increase. SBD East, which includes Kharadi and the CBD together absorbed this entire new supply. Despite the scale of additions, a healthy pipeline of 10–11 million sq. ft in upcoming supply is expected through 2025–26. (Cushman & Wakefield),

      7. Upcoming Hospitality and Mixed-Use Ecosystem

      Beyond office infrastructure, Kharadi is witnessing the emergence of mixed-use ecosystems with luxury hotels, branded residences, retail complexes, and serviced apartments. The presence of these upscale options makes it a compelling proposition for both domestic and NRI investors.

      8. Future-Ready Planning

      Developers in Kharadi are now embracing future-forward planning, including:

      • Net-zero commercial buildings
      • Green-certified campuses
      • EV-ready infrastructure

      This aligns closely with the increasing emphasis on Environmental, Social, and Governance (ESG) standards, which are now a key lens through which institutional investors evaluate commercial assets

      With Kharadi’s projects increasingly meeting these global benchmarks, the submarket is fast becoming a natural choice for long-term, impact-driven capital. In every sense, Kharadi’s commercial landscape isn’t just evolving, it is being intentionally designed for the next generation of businesses and investors

      At SQUAREA, we specialise in helping investors navigate the evolving landscape of high-value commercial real estate. Our deep market intelligence ensures that you stay ahead of the curve. If you're looking to build a resilient, high-performing commercial portfolio in one of Pune’s most strategically positioned markets, like Kharadi, our advisory team is here to guide you at every step. For tailored investment opportunities, write to us at hello@squarea.io or call us at +91 90 9641 9641. Let’s build your commercial portfolio, the future-ready way!