High Net-worth Individuals (HNIs) are increasingly cautious about real estate investments due to lower returns and declining property value appreciation, particularly in major cities.
Pune's luxury housing market shows promising growth with increased sales, contrasting sluggish trends in other cities despite economic challenges.
Demand for luxury homes in India is surging, driven by NRIs, evolving lifestyles, and festive offers. Major cities see high demand for homes exceeding ₹20 crore, prompting developers to launch luxury projects.
Investors are returning to the real estate sector, driven by long-term capitalization and expected growth. However, current investments are lower compared to pre-recession levels.
High Net worth Individuals (HNIs) increasingly invest in commercial properties in India, despite banks' reluctance to offer loans for such purchases due to high default rates.
Foreign developers target Indian High Net Worth Individuals (HNIs) as India's economy is projected to be the world's third largest by 2050, leading to a rise in wealthy individuals.
Wealthy Indians are increasingly interested in land as an investment option amid volatile markets. A significant 48% of high net worth individuals (HNIs) plan to increase realty investments over the next 12 months, according to a Barclays report.
Barclays Wealth and Economist Intelligence Unit report reveals high-net-worth investors in developing nations, particularly China, India, and UAE, are more inclined to increase riskier investments in property despite market volatility.
Indian residential investment in the UK is projected to reach £15 billion over the next ten years, driven by India's economic growth and rising number of high-net-worth individuals.
Lakshmi Mittal acquires third property on London's "Billionaire's Row," Kensington Palace Gardens, for £70 million, adding to his existing two homes.
Milestone Capital Advisors plans to raise Rs 10 billion for investments in real estate projects across tier-II and tier-III cities in Tamil Nadu, focusing on affordable housing.
Amidst declining home sales, Indian real estate developers are shifting focus to the luxury housing segment, targeting NRIs and high net-worth individuals.
NRIs from Gulf countries are heavily investing in Lucknow's residential properties, driven by emotional ties and retirement plans. The 2007 Indian Property Show in Dubai highlighted this trend, with Ansal Properties' Golf Villa attracting significant NRI interest.