at the very Core of it all … is Content!
Luxury housing in India is the proverbial sitting duck for target practice in the shooting gallery that is the Indian residential property sector. Market pundits and the media never get tired of taking potshots at it, and claiming that this segment has got run out – even though Indian luxury housing is actually something of …
Om Ahuja, CEO – Residential Services, JLL India Bangalore has one of the fastest growing real estate markets in India, in which luxury housing is now one of the most vibrant and dynamic segments. The growing demand for luxury housing can be attributed to the rise in the number of HNWIs, the rapid pace of …
The demand for luxury housing in India varies from city to city, and also the definition of the label ‘luxury’ for a particular city. As such, a 2 BHK in a central location or a location close to major employment hubs in Mumbai, Pune or Bangalore would be defined as luxury based on the location …
Luxury housing constitutes 2-3% of the total residential market in Pune. There are currently around 2000+ units on the market, including planned and under construction projects, within the price bracket of Rs. 4 crore and above. The drivers for luxury housing in Pune are higher disposable incomes on the heels of a burgeoning IT / …
In India’s largest cities – namely Mumbai, Delhi NCR and Bangalore – luxury and ultra-luxury residential projects have witnessed ten-fold appreciation over their launch prices over the last decade, implying more than 100% annual returns on investment. Most of these projects saw encouraging pre-sale activity and were sold out completely very quickly. In fact, demand …