Skip to main content

Luxury Housing Trends in India

Luxury Properties

Luxury housing in India has witnessed significant prominence and appreciation, making it one of the most dynamic segments of the real estate sector. The modern aesthetics of real estate infrastructure and the technology-driven lifestyle have transformed the way we live in India. Today, these modern homes are considered as a lifestyle statement, reflecting an individual’s aspiration and social status. A rapid rise in the number of high net-worth individuals (HNIs), increased aspirations, transforming lifestyle and investment interest from Diaspora are the major factors pushing the demand for luxury housing.
The globetrotter population of India is constantly rising and since they are well exposed to the international standards of living, they look for such amenities and lifestyle in their dream homes as well. According to a Global Wealth Report, since 2000, wealth in India has grown 9.2% per annum, faster than the global average of 6% and this is quite a favorable sign for different sectors such as real estate, auto sector, tourism, etc. Therefore, owing to the increased purchasing power and growing unending desires, many Indian home buyers are also catching up with the pace to buy elite homes. The large chunk of NRI investment in Indian real estate comes into the luxury segment, making them the biggest driver for the growth of this sector.
Catering to the growing demand for luxury homes, developers focus on creating unique living spaces. They are coming up with the various formats of technology-enabled homes, apartments, penthouses, luxury villas, bungalows, ultra-luxury houses etc. Looking at the absorption rates of luxury housing over the last three years, the sector shows the signs of definite growth in the coming years.

Below are a few trends which will continue to redefine the luxury housing in India:

Branded Luxury Real Homes: Branded homes are launched under the banner of international luxury hospitality or lifestyle brands and cater to the exclusive niche category of buyers. Luxury apartments offer a unique lifestyle of global standards with hospitality services from the finest brands. This trend is fast growing in cities like Delhi-NCR, Mumbai, Pune, etc.

Themed Villas: Themed housing has gained a lot of attention amongst homebuyers. To cater to such evolving tastes and aspiring demands of the buyers, developers are launching exotic and exquisite theme-based projects.

Smart Homes: Owing to the constant technological advancements, the concept of smart homes has become increasingly popular and has tremendous potential to grow in the future. With the hi-tech technology-enabled systems, it provides the convenience and comfort in the day to day life of home-owners. It intends to incorporate comfort, entertainment, mobility, and security, providing occupants with connected solutions all the time.

Luxury Homes Within The Reach: It is a niche market, gaining a lot of attention from the home-buyers of the middle-income group. This home consists of major amenities and features of premium property and is affordable to a larger segment of the population. The growth of the Indian economy clubbed with the aspiring lifestyle of people living in the metros drives the demand of this segment. It lets the middle income group fulfill their aspirations of living in a luxurious home.

For more information about the luxury properties visit the best real estate companies.

Labels:

Comments

Post a Comment

Popular posts from this blog

Advanced Prostate Cancer Treatment

Proton Cancer Treatment Centre These are the Advanced Treatment For Prostate Cancer: 1. Active Surveillance: If  prostate cancer  is detected at an early, passive state then a wait and watch approach is often the preferred option. The treatment of cancer at this stage could lead to larger complications than the tumor itself. 2. Surgical Treatment: Surgical treatment is used to counter prostate cancer and remove the tumor either through conventional or  robotic surgery . 3. Radical Prostatectomy: This is the surgical removal of the entire prostate and the seminal vesicles. While the surgery eliminates the tumor, it usually has serious effects on the patient’s sexual health. 4. Radiation Therapy: Photon  Radiation therapy  to treat prostate cancer that is contained within the prostate. Radiation therapists may perform: Image-Guided Radiation Therapy (IGRT) –  This combines precise 3-D imaging from CT scanning with highly targeted rad...
3 comments
Read more

Which is the Best Cancer Hospital in New Delhi?

Cancer is a ruthless disease. It evolves constantly and spreads relentlessly. It's hard to catch and even harder to treat. But that is about to change, with Precision Oncology. Apollo's unique approach to diagnosing, treating and monitoring cancer that is as precise as it can get. Best Cancer Treatment If you are looking for the   best cancer hospital in Delhi ,  Our Apollo hospital is blessed with the top doctors to provide effective treatment to all patients. These are the  best oncologist in Delhi : 1. Dr. Dipanjan Panda 2. Dr. Feroz Pasha 3. Dr. Ganesh Jadhav 4. Dr. Manish Singhal 5. Dr. Mano Badhuria 6. Dr. P K Das 7. Dr. Praveen Kumar Garg 8. Dr. Rajinder Kaur Saggu 9. Dr. Ruquaya Ahmad Mir 10. Dr. Sameer Kaul You can also make a request for  virtual doctor advice , this service provide the patients a chance to consult with top doctors before moving to the hospital. Patients can book their appointments so that they can avoid long...
2 comments
Read more

Which is the best nephrology hospital in Bangalore?

There are many hospitals in Bangalore who provide the nephrology care to all the patients of Bangalore. Patients from all over the country visit Bangalore in hope of better treatment for the kidney related issues. Here is the list of Best Neurologist Hospitals in Bangalore : 1.  Apollo Hospital Bangalore 2.  Sakraworld hospital 3.  Narayana health 4.  Fortis hospital 5.  Manipal Hospital Kidney Specialist If you are looking for the   Best Nephrologist in Bangalore ,  Our Apollo hospital is blessed with the top doctors in Bangalore to provide effective treatment to all patients. They also provide  online consultation  for patients who are seeking advice but they live are far away from the hospital. These are the best Kidney Specialist in Bangalore: 1.  Dr. Gokul Nath 2.  Dr. Kishan A 3.  Dr. Naveen M Nayak 4.  Dr. Umesha Lingaraj 5.  Dr. Vasantha Kumar R S Before deciding your Doctor, ...
2 comments
Read more