India's ultra-rich, including billionaires, are showing a strong inclination towards investing 22-25% of their wealth in residential properties for end-use, according to a recent report by Knight Frank. This trend highlights the growing confidence in the
Real EstateLuxury HomesUltrarichInvestmentKnight FrankReal Estate NewsMar 05, 2025
India's ultra-rich are expected to invest 22-25% of their wealth in residential properties for end-use.
India has 191 billionaires, as reported by Knight Frank.
Tier-1 cities like Mumbai, Delhi, and Bengaluru are witnessing a surge in luxury property developments.
The factors driving the ultra-rich to invest in residential properties include potential for capital appreciation, stability of the real estate market, and the personal need for high-quality living spaces.
Developers are offering luxury properties with advanced amenities and features such as smart home technology, high-end finishes, and spacious layouts.
Cummins India has launched its IT Global Competency Centre in Pune, strengthening its power solutions technology capabilities.
As the Union Budget approaches, affordable housing, infrastructure development, and manufacturing growth are expected to take center stage.
Pune's property market experienced a 33% drop in registrations in September 2024, attributed to the Shraadh period. However, overall growth for the year remains robust with a 29% increase in registrations and a 38% rise in stamp duty collections.
A recent report by PropEquity, a leading real estate platform, reveals a significant rise in housing prices in top tier II cities, with appreciation reaching up to 65% since 2023.
The Mumbai High Court has upheld the tender award to Adani Properties Pvt Ltd for the redevelopment of Dharavi slums, clearing the path for this major urban transformation project. The ₹5,069-crore deal is set to bring significant changes to one of the la
HDFC Bank has leased a significant 2.72 lakh sq ft commercial space in Andheri, Mumbai, with an annual rent exceeding Rs 77 crore. The lease includes a 15% escalation clause after 36 months.