Business Standard

Address to amenities: What to look for when you buy a luxury apartment?

The 'bigger is better' and the address must be famous, say real estate industry executives


Demand for luxury apartments has picked up since the pandemic, say real estate industry executives. (File photo)

Namrata Kohli New Delhi
When the Golf Island luxury apartments project was launched in Dwarka, Southwest Delhi, in June 2023, more than 50 percent flats were sold within six months of the launch of the project. Demand still and the capital values have appreciated 20-30 per cent since then. As much as 30 per cent of the inventory was sold out in 72 hours when bookings began for Rs 9-12 crore apartments at the Kailasa Project in West Delhi’s Kirti Nagar. 

The sale of luxury homes in India, priced Rs 4 crore and higher, increased 97 per cent in the first nine months of

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First Published: Feb 02 2024 | 1:08 PM IST

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