There’s a clear shift in how India is thinking about homes right now-more specifically for luxury living. Houses are no longer just places to live in. These are statements of lifestyle. People today want more-more comfort, better design, higher sustainability standards and stronger security and amenities that fit a modern, global way of living. This shift is visible when we look at the growth curve of the luxury and branded residencies segment.
India now ranks sixth globally in branded residence projects, contributing about 4 per cent of the world’s supply.1 The market-currently valued at USD5 billion-has seen the number of branded homes rise by 55 per cent in the last five years and over 160 per cent in the past decade.2