Real estate developers are rethinking design and functionalities in order to cater to demands of a ‘larger-than-life living experience’ by luxury home buyers, but there are a few points to remember before you make that investment
A view of India Sotheby's International Realty hosted/ Listed Villa in Alibaug. An increasing number of people are buying ultra-luxury homes in India, which has resulted in a market boom. Image: Courtesy India Sotheby's International Realty
The demand for luxurious residences that offer a unique living experience has been growing in the Indian market over the last few years. An increased number of high-net-worth individuals, rapid urbanisation, and rising incomes are just some of the factors contributing to that growth.
The experience of the pandemic has also left many people feeling a strong sense of home ownership, and a desire to have more square footage for work and education requirements.