India’s luxury housing market is experiencing substantial growth, driven by increasing demand from high-net-worth individuals (HNIs) who seek high-quality living spaces and attractive investment opportunities. Key cities like Delhi-NCR, Mumbai, and Hyderabad now account for nearly 90% of India’s luxury property sales, with Delhi-NCR leading at 5,855 units sold from January to September 2024. According to CBRE, sales of properties priced above Rs. 4 crore grew by 37.8% year-on-year during this period, reflecting changing buyer preferences.
Developers are responding to this demand by focusing on exclusive, luxury-oriented projects that offer enhanced privacy, sustainability, and unique amenities. Rising disposable incomes and long-term appreciation potential have also made luxury real estate a top investment choice, with a recent FICCI-Anarock survey revealing that 59% of respondents view real estate as the preferred investment option. In NCR, especially in Gurugram, developers are meeting this demand, highlighting the region’s rapid development and world-class infrastructure.
Sustainable living is increasingly influencing buyer decisions, with affluent individuals showing preference for eco-friendly and amenity-rich homes. As purchasing power grows, demand for high-end properties that reflect aspirational lifestyles and offer high returns continues to strengthen. With sustained investments in high-quality amenities, sustainable options, and prime locations, India’s luxury real estate market shows strong potential for continued growth as buyers prioritize homes that blend luxury with practicality.
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