India Ranks 6th Globally in Branded Residence Projects: Knight Frank Report
India has made significant strides in the global real estate market, particularly in the segment of branded residences. According to the latest Residence Report 2025 by Knight Frank, a renowned real estate consultant, India ranks 6th globally in live branded residence projects. This achievement is a testament to the country's growing prominence in the luxury real estate sector.
The United States leads the global rankings, followed by the United Arab Emirates, Thailand, Mexico, and the United Kingdom. Turkey occupies the 7th position, China is 8th, Vietnam is 9th, and Canada is 10th. These rankings highlight the competitive nature of the branded residence market and the diverse regions where these projects are thriving.
India contributes 4% to the global supply of branded residences, a significant share considering the country's relatively young presence in this market. The report also notes that India ranks 10th globally in the pipeline of upcoming branded residence projects, accounting for 2% of future supply among the 83 countries surveyed.
The expanding affluent base in India is a key driver of demand for branded residences. With nearly 86,000 ultra-rich individuals, India represents one of the most significant pools of future demand for high-end living. Shishir Baijal, Chairman and Managing Director of Knight Frank India, highlighted the rapid growth of the sector: 'India's branded residence sector is still relatively young but is rapidly making its mark on the global stage. Ranking 6th worldwide for live projects and backed by a fast-expanding wealth base, India is poised to become a major player in the global branded living market.'
Branded residences are luxury residential properties developed in collaboration with renowned hotel brands, offering residents access to premium amenities and services. These projects are typically located in prime locations and are designed to provide a high standard of living. The growing demand for branded residences in India reflects the increasing preference for lifestyle and luxury among the affluent population.
The success of branded residences in India is also attributed to the country's robust economic growth and the rising disposable income of the middle and upper classes. As more Indians seek premium living experiences, the market for branded residences is expected to continue its upward trajectory.
In conclusion, India's 6th position in the global branded residence market is a significant milestone. The country's fast-expanding wealth base and growing demand for luxury living are key factors driving this success. As the market continues to evolve, India is well-positioned to become a leading destination for branded residences globally.