Wealthy Indians Prioritize Capital Appreciation in Real Estate Investments, Survey Finds
Indian HNWIs and UHNWIs display strong economic optimism, with 71% planning real estate purchases in the next two years, driven by capital appreciation.
Homebuyers are increasingly favoring low-rise properties over high-rises, seeking community, privacy, and larger living spaces. This shift is driven by factors like enhanced safety, lower maintenance costs, and greater resale value.
The fractional ownership market in India is rapidly evolving, driven by growing demand for shared luxury real estate investments, including second homes and commercial properties.
India's luxury real estate market is experiencing high demand, with a 24% increase in the average cost of luxury housing units this year. Factors driving this growth include changing consumer behavior, a growing middle class, and the incorporation of smart technology and eco-friendly features in luxury homes.
The Burj Khalifa, the world's tallest building, offers luxurious apartments ranging from 1 to 4 bedrooms. Apartments boast Armani-designed interiors and stunning city views.
Christie's International Real Estate enters Indian market, partnering with Himmat & Rohini Singh LLP to offer ultra-luxury homes and cater to increasing demand.
Noida is transforming into a luxury real estate hub with high-end residential and commercial projects by Bhasin Group, Premia, Four Seasons, and Supernova.
The 3C Company invests Rs 3,500 cr in Delhi One, a Noida project featuring a Four Seasons 5-star hotel and branded residences.
Italian fashion designer Giorgio Armani collaborates with Supertech to introduce luxury apartments in India, expanding his real estate ventures beyond Dubai.
Ireo announces the launch of Victory Valley in Gurgaon, featuring the tallest residential towers in North India with apartments ranging from 2 to 5 bedrooms.
Lodha Developers Ltd. named among India's top ten builders by Construction World survey
Altamount Road in Mumbai ranked tenth most expensive street globally, boasting greenery and prominent residents, but faces challenges from construction and parking issues.
Lakshmi Mittal acquires third property on London's "Billionaire's Row," Kensington Palace Gardens, for £70 million, adding to his existing two homes.
DAMAC Properties expands its reach in India by appointing local agents in Gujarat to market international properties to Indian buyers and explore investment options in major Indian cities.
The real estate sector is evolving, with a new trend of using celebrity names to brand properties, attracting high-end clients but possibly alienating the middle class.
Dubai Properties showcased its latest realty developments at Mumbai Extravaganza 2008, targeting high-net-worth investors with notable projects like 'Mudon'.