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Real Estate Market: India’s real estate market is changing rapidly. The reason for this is the high net worth rich of the country, who are demanding luxury houses today but they are not able to fulfill them.
New Delhi. The rapidly increasing investment in real estate by High Net Worth Individuals (HNWIs) in India has now become a big challenge as well as an opportunity for the market. Due to lack of big size branded houses in the country, the rich class is not able to find the right option to invest their wealth in luxury properties. Therefore, if you are also going to invest in real estate, then it is important to understand this changing trend.
According to recent data, the number of High Net Worth Individuals (HNWI) in India has reached 3,78,810, whose total wealth is approximately $1.5 trillion. At the same time, the number of Ultra-High Net Worth Individuals (UHNWIs) has reached 4,290, whose total wealth is $534.77 billion. But, despite having such a large investment base, the real estate sector is lagging behind in terms of supply. Market experts believe that instead of rapidly increasing demand for big units, now reasons like branded housing, better maintenance and standard lifestyle are attracting investors.
Big branded houses are not available
The current development cycle of real estate in India is 7 to 8 years long, which is directly impacting the luxury housing supply. The demand for large-sized units and branded residencies has increased so rapidly that the supply is not able to keep pace with it. Gaurav Sobti, Founder, Homagram, said that in Indian real estate, today’s buyer wants not just four walls, but an asset that complements his lifestyle, identity and investment goals. Large-sized branded residences are becoming increasingly popular because this segment offers a balance of quality, privacy and standardized services that is not possible in typical projects. In the coming years, luxury housing will be pioneered by those developers who have the ability to bring design, technology and global partnerships on a single platform.
Projects are being sold immediately
- The sale of 5BHK (6,400 sq ft) of M3M’s Jacob Residences in Noida at Rs 40,000 per sq ft as soon as it was launched is a great example of this.
- Elan The Emperor on Gurgaon’s Dwarka Expressway completed the sale of above 4,500 sq ft of inventory worth Rs 5,400 crore in a short time.
- Oberoi Realty’s first project in Gurugram, which will have ultra-luxury units of 5,000–8,000 sq ft, will hit the market in the first quarter of 2026.
- Investors’ curiosity about global brands like Trump Tower and Westin Residency also shows that this segment continues to be hot.
Many luxury projects are being launched
RG Group Director Himanshu Garg said that we have launched a limited-edition tower in collaboration with JJ Valaya in our project in Noida, in which custom-tailored residences are being made available to the customers. We aim to serve buyers who want out of the box design, services and quality construction and are willing to spend. The market response is giving us confidence to bring more such projects.
