Demand for units priced Rs 4 cr and more proves 'resilience' of Indian residential market, it says
Space, privacy, prestige selling points for buyers
Sales of homes priced above ₹1 crore rose 17% year-on-year in H1 CY25, while affordable housing sales fell 18% due to demand and supply constraints, Knight Frank data shows
Supply of these compact living spaces, though, has been falling since the pandemic, with little sign of recovery despite a spate of new launches in urban centres
DLF to launch Mumbai housing project in next quarter; Goa villa handover likely soon; Privana North sold out with 25% NRI participation and ₹11,000 crore revenue
The villa rental platform, with a leisure-city portfolio target of 80:20, enters metro markets and aims to expand in Delhi-NCR, Pune, Mumbai and Bengaluru
Bengaluru-based Assetz aims to launch Rs 7,500 crore worth of residential projects in FY26 and targets 45% CAGR in pre-sales over three years with IPO plans under review
This comes after the firm had sold out two earlier launched projects - Privana South and Privana West - with 1,113 units and 795 units, respectively
Bengaluru's housing market witnessed a 59 per cent growth in sales of luxury homes, costing Rs 10 crore and above, in the last fiscal at a record Rs 1,000 crore on high demand, according to India Sotheby's International Realty and CRE Matrix report. Real estate consultant India Sotheby's International Realty (ISIR) and real estate data analytics firm CRE Matrix's recent report mentioned that Bengaluru's luxury housing market (Rs 10 crore and above) achieved sale bookings of Rs 1,000 crore in 2024-25 against Rs 627 crore in the preceding year. In volume terms, sales of luxury homes rose to 78 units from 51 units. The report stated that Rs 10-12 crore ticket-size apartments are seeing the highest sales in Bengaluru's luxury segment. "Bengaluru's luxury housing market has entered a new league. We're seeing discerning buyers - especially CXOs, startup founders, and global Indians - investing not just in a home, but in a lifestyle. The demand today is driven as much by aspiration as by
The average residential property rates in Navi Mumbai increased by 23 per cent year-on-year (Y-o-Y) in 2024 to ₹10,810 per square foot (psf)
Hebbal emerged as the frontrunner in Bengaluru's high-end luxury apartment market in the period, commanding 22 per cent of the total sales value
The land parcel spans 5 acres and 12 guntas. The project will offer 0.45 million square feet of planned residential space
Located on a 12.05-acre land parcel along the Dwarka Expressway, the developer will invest around Rs 3,000 crore in the project, which will be developed in three phases
Kolkata-based real estate major Merlin Group has partnered with global lifestyle network Fashion TV (FTV) to introduce the city's first branded luxury residential project under F Residences. The Rs 900-crore project in Rajarhat-New Town aims to bring global luxury living standards to Kolkata, comparable to high-end residences in Poland, Bali, Dubai, Turkey, Bangkok, Singapore, and key Indian cities like Pune, Chandigarh, Mumbai, and Ludhiana, the Merlin Group said. Fashion TV will offer technical expertise in the project that aims to meet its latest global luxury trends in the project for an undisclosed license fee arrangement. "The key driver for this association is aspiration, not margins. It aligns with our vision to elevate urban living in Eastern India. Kolkata's aspirational homeowners are looking for globally inspired designs and amenities," said Saket Mohta, Managing Director, Merlin Group. This is Merlin's first branded luxury project, and the company is keen to explore .
Real estate company Elan Group on Tuesday said it will invest around Rs 3,000 crore to develop a new ultra-luxury housing project on Dwarka Expressway, Gurugram. The project 'Elan The Emperor', located in Sector 106, Gurugram, is a part of 50-plus acres township comprising residential apartments, branded residences, a high-end mall, a luxury 5-star hotel, and premium office spaces. In a statement, the company said the total investment to develop this project is Rs 3,000 crore. The new project will have nearly 600 units with a saleable area of around 29 lakh square feet. This will be the second project in this township. "Sector 106 along the Dwarka Expressway is rapidly becoming the newest focal point of Gurugram's urban transformation," Vineet Dawar, President - Sales & Strategy at Elan Group, said. Elan Group has on-boarded internationally acclaimed consultants to develop this project. SWA, a landscaping architect from the US, will create outdoor spaces while UHA London serves as
Realty firm Emaar India is expecting around Rs 3,400 crore revenue from its newly launched luxury housing project in Gurugram. Emaar India, which is part of Dubai-based Emaar Properties, has recently launched a housing project 'Urban Ascent' in Sector 112, Gurugram. Emaar India CEO Kalyan Chakrabarti said the company will develop 816 apartments in this 9.2-acre luxury housing project. He said this project is under a joint development agreement (JDA) with land owners. "The total investment will be around Rs 1,600 crore to develop this green project," he said. The sales bookings value is estimated at around Rs 3,400 crore, Chakrabarti said. The company is selling apartments in a price range of Rs 2.5 crore to Rs 6 crore. The project will be completed in the next four-five years. Chakrabarti noted that housing demand continues to be strong in Delhi-NCR from end-users as well as investors. Gurugram-based brokerage firm V S Realtors founder Vijay Harsh Jha said the demand for the re
Buyers now more involved in ultra-luxury housing, says DLF Home Developers Joint MD
India is emerging as a hotspot for Kohler, Toto and Hansgrohe, the German manufacturer renowned for its taps and showers
Realty firm Max Estates Ltd on Friday said it has sold luxury residential properties worth Rs 845 crore in Noida amid strong demand. In a regulatory filing, Max Estates said its subsidiary Max Estates 128 Pvt Ltd has successfully launched the second phase of its residential project 'Estate 128' in Noida. "Building on the success of the first phase, the second phase has achieved a pre-sales booking value of Rs 845 crore within a week of its launch, and has surpassed the company's original guidance of Rs 800 crores as the booking value potential for this phase," Max Estates said. The company did not disclose the number of units it has sold for Rs 845 crore and the price per apartment. The project, combining both phases, now comprise four towers with 268 units, spanning 10 acres and a total booking value of about Rs 2,700 crore. Max Estates said it has already achieved a booking value of about Rs 5,000 crore in the first nine months of 2024-25. This performance is well within the ...
Realty firm Gaurs Group has sold nearly 200 apartments in its new luxury housing projects in Greater Noida for Rs 1,300 crore amid strong consumer demand. Gaurs Group has launched a luxury residential project 'Legacy by Gaurs', comprising around 250 units, at Jaypee Greens, Greater Noida. "The first phase of the project has generated Rs 1,300 crore in sales, with nearly 200 apartments sold," the company said in a statement on Saturday. The project features spacious residences in two configurations: 3,500 sq ft and 4,700 sq ft, across four towers, comprising a total of about 250 apartments. Gaurs Group Director Sarthak Gaur said, "The overwhelming response to 'Legacy by Gaurs' is a true reflection of the trust and confidence homebuyers have in us. For over 30 years, we've focused not only on delivering homes but on creating long-term value for our customers." He said the group has delivered nearly 50,000 units in the last decade alone. Gaurs Group will invest about Rs 750 crore to