Tuesday 4 October 2016

Home Sweet Home: Gauri Khan-Style

pAn interior designer, film producer, and a doting wife, Gauri Khan is known to juggle her starkly different life roles with perfection. For the second time in a row, she is extending her support to the second edition of the IREX (the International Real Estate Expo), an international property fair scheduled to take place at The Ashok Convention Centre in New Delhi on October 7th and 8th, 2016. Close on the heels of the expo, she shares her thoughts on investing in international real estate and designing the perfect home.andnbsp;/p pandnbsp;/p pHereandrsquo;s an excerpt:/p pandnbsp;/p pWhat are the important factors to consider when buying a house internationally?/p pI think, where you buy would depend on what a person's lifestyle and preference is. People may work abroad, have business interests in a particular country, or perhaps, their kids study there. So locations may be determined based on life interests. Other than that, due diligence, in terms of developers, financing operations, and clarity on laws, in terms of ownership etc, is important. IREX allows people to have face to face conversations with many of these stakeholders at one venue. The panel discussions are great opportunities to get abreast with trends and issues in the sector./p pandnbsp;/p pWhat is your opinion of luxury buyers of today? Do they know what they want, or can they get easily influenced by what is supplied to them, considering weandrsquo;re speaking of investing internationally?/p pBuyers today are very savvy. They have travelled the world, and often have a broad idea of what they are looking for, and where they would like to invest. Buying homes is a high-involvement purchase. Fairs, like IREX, provide the opportunity for them to get a clear understanding of the options available to them, all under one roof. They help consumers make better-informed decisions. andnbsp;/p pandnbsp;/p pWhat do you feel completes a home? What must one pay utmost attention to while designing oneandrsquo;s home?/p pThe design must first take into consideration the purpose the home serves. If the owner intends to live in it, it must reflect the owner's personality and be designed to support his lifestyle. If it is to be rented out for corporate use, the design direction will naturally be quite different; and again, if it is bought as a student home internationally, the design brief will change./p pandnbsp;/p pWhich international destination would you pick for building or buying your dream home?/p pMy son's been studying in the UK and I go there often. So personally, this is the market that interests me the most at this point. Also, with Brexit, I'm told property prices have dropped, so itandrsquo;s a good time to consider buying if it is a destination of interest./p pandnbsp;/p pemImages Courtesy: BCCL/em/p pandnbsp;/p pstrongMore On andgt;andgt; a href="http://www.luxpresso.com/homes-real-estate/properties" target="_blank"Homes andamp; Real Estate/a/strong/p

from Luxpresso http://www.luxpresso.com/news-homes-real-estate/gauri-khan-to-endorse-the-irex-2016/16100510
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