India's Branded Residences Market Set to Triple by 2032, Savills Report Reveals
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓India’s branded residences market will triple by 2032, a Savills report said.
- ✓The number of projects will rise from 19 to 43 as developers partner with global brands.
- ✓Shveta Jain said, "India is emerging as a particularly important market for the sector." Rising wealth drives this shift toward luxury living.
Story at a Glance
- Category
- MARKET
- Reported By
- Economic Times
- Reading Speed
- 5 Minute(s)
- Market Focus
- India Economy
Real estate firms in India are anticipating a significant increase in branded residences by 2032. A report suggests nearly 25 ultra-luxury housing projects will be completed in this period. Major developers have partnered with renowned brands to cater to the super-rich market. The demand for these residences is driven by rapidly increasing wealth among high-net-worth individuals. This trend reflects changing consumer expectations for quality and lifestyle within the luxury segment.
India's real estate firms are bullish on branded residences market on rising demand from super-rich, with nearly 25 such ultra-luxury housing projects to be completed by 2032, according to Savills report.
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Economic Times
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