Well, a luxury apartment is also an apartment only but it is leveraged with many amenities which provide more than the normal level of comfort quality, and convenience to its owners. There are two sectors in luxury apartments as well. It may be categorized as luxury and ultra-luxury apartments.
Occupants especially looking for modern lifestyle amenities inside premises prefer luxury or ultra-luxury apartments for their best ROI in terms of high standard quality livings. It takes IInd preference in housing sector just after villas.
This sector basically addresses those who want villas but can not afford them due to their financial status.