The luxury real estate market is booming, with 49 ultrapreneurial homes priced above Rs 100 crore sold in just three years, according to property consultant JLL. This trend highlights the growing demand for elite properties among high-net-worth individuals.
Luxury Real EstateHighnetworth IndividualsUltraluxury HomesProperty InvestmentJllReal Estate NewsMar 29, 2025
The ultrapreneurial real estate market refers to the segment of the property market that deals with homes priced above Rs 100 crore. These properties are typically designed for high-net-worth individuals and offer premium amenities and exclusive locations.
The growth of the ultrapreneurial real estate market is driven by factors such as economic growth, wealth accumulation among the elite class, and the increasing demand for luxury and security in tangible investments.
Key features of ultrapreneurial homes include expansive size, prime locations, top-tier amenities like private golf courses and swimming pools, and personalized concierge services.
Global trends significantly influence the ultrapreneurial market, as many high-net-worth individuals in India are well-traveled and incorporate international standards of luxury in their property preferences.
Challenges in the ultrapreneurial real estate market include a small pool of potential buyers, regulatory changes, and economic fluctuations. Despite these, the market has shown robust growth over the past three years.
Raymond's board has approved the demerger of its real estate business, which has achieved significant scale and reported a revenue of Rs 1,593 crore with a 43% YoY growth.
The COVID-19 pandemic has had a lasting impact on India's residential real estate market, leading to improved affordability and sustained demand for homes.
Synopsis. Prestige Estates Projects has bolstered its presence in Mumbai's real estate market by acquiring 22,135 square metres of land for a hefty sum of INR 291.58 crore.
Godrej Properties has reported a significant boost in its Q3 financial results, with profits soaring 2.5 times to Rs 163 crore. This surge in profits reflects a robust demand in the real estate market and strategic business moves by the company.
The Maharashtra Government is set to launch a Vande Bharat Sleeper service that will take just 10 hours to cover the distance between Nagpur and Mumbai.
The much-anticipated Samruddhi Mahamarg, connecting Nashik to Mumbai, is on the brink of completion. This development marks a significant milestone in the region's infrastructure, promising improved connectivity and economic growth. Additionally, the Mumb