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HNIs, NRIs to rule India's luxury housing mkt: 2025 realty trends decoded

^{Published on 2024-12-16 01:40:48 - Business Standard}
 

• Infrastructure development will further fast-track real estate growth in Tier-II & III cities including temple towns such as Amritsar, Ayodhya, Dwarka, Puri, Shirdi, Tirupati, Varanasi, etc.

The article from Business Standard discusses the evolving trends in India's luxury housing market, predicting that by 2025, High Net-worth Individuals (HNIs) and Non-Resident Indians (NRIs) will dominate this sector. It highlights a significant shift towards luxury properties, driven by a desire for better amenities, privacy, and lifestyle enhancements. The demand is particularly strong in cities like Mumbai, Delhi-NCR, and Bangalore, where luxury projects are not just about opulence but also about smart, sustainable living. The article notes that NRIs are increasingly investing in Indian real estate due to favorable economic conditions, a stable political environment, and the potential for high returns. Additionally, there's a growing trend of customization in luxury homes, with buyers seeking properties that can be tailored to their specific needs. The market is also seeing an influx of international developers, bringing global standards and practices to India, further fueling the luxury segment's growth.

Read the Full Business Standard Article at:
[ https://www.business-standard.com/finance/personal-finance/hnis-nris-to-rule-india-s-luxury-housing-mkt-2025-realty-trends-decoded-124121600336_1.html ]

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