According to ANAROCK Research, luxury housing units (priced above Rs 1.5 crore) now account for nearly 17% of all new residential launches in India, reflecting a significant shift in the market towards premium living spaces.
Luxury HousingReal EstateHighnetworth IndividualsPremium LivingMarket TrendsReal Estate NewsMar 23, 2025
Luxury housing in India typically refers to residential units priced above Rs 1.5 crore. These properties are known for their high-quality construction, premium amenities, and prime locations.
The demand for luxury housing in India is driven by economic growth, an increase in high-net-worth individuals, the desire for premium living spaces, and the impact of the pandemic on housing preferences.
Cities like Mumbai, Delhi, Bengaluru, and Chennai are leading the way in luxury housing launches, with specific areas such as South Mumbai, NCR, Indiranagar, and Adyar experiencing significant growth.
Developers in the luxury housing market face challenges such as high property prices, limited supply of land in prime locations, and regulatory hurdles like the implementation of RERA.
The future outlook for the luxury housing market in India is positive, with expected growth driven by economic expansion, increasing middle class, and the trend towards smart and sustainable homes.
Anant Raj Cloud and Google team up to enhance data center infrastructure and provide comprehensive cloud platform services, driving India's digital growth.
16th Sept 2024 Dubai | Bengaluru, India - BNW Developments partners with ANACITY to launch BNW LIVING, a mobile-first customer experience platform for UAE's real estate sector.
The Haryana Real Estate Regulatory Authority (H-RERA) has issued over 1,190 recovery certificates for Rs 1,043 crore owed by builders, but only Rs 225 crore has been recovered so far. A huge Rs 800 crore remains unpaid, leaving many homebuyers in financia
Real estate consultant Colliers India has conducted a detailed analysis to rank emerging cities based on physical and social infrastructure, demographic growth, and real estate dynamics. Nagpur, Jaipur, and Lucknow emerged as the top three cities with str
Housing prices across India saw a significant 10% increase in the fourth quarter of 2024, with Delhi NCR leading the charge at a 31% surge. The real estate market in Tier-2 and Tier-3 cities also experienced notable growth. Explore the factors driving thi
Godrej Properties (GPL) has seen a remarkable sales surge with the launch of their latest residential project, Godrej Evergreen Square, in Pune's Hinjewadi area. The project has already generated sales of Rs 1000 crore, marking a significant milestone in