India’s real estate to remain gung ho on luxury, premium housing in 2025 as affordable takes a backseat
1 week, 2 days ago

India’s real estate to remain gung ho on luxury, premium housing in 2025 as affordable takes a backseat

Live Mint  

Come 2025, India’s real estate developers will double down on luxury and premium housing, leaving the affordable segment to catch up. “We are strategically leveraging the robust demand in the luxury real estate segment by curating projects that align with the evolving preferences of modern buyers," said Robin Mangla, president, M3M India. DLF Ltd, India’s largest listed real estate company, sold all 1,113 high-end luxury residential units of its DLF Privana South project in Gurugram for ₹7,200 crore within 72 hours of its official launch, the company said in a regulatory filing. “Notable examples through early 2024 include DLF's projects in Gurugram and Oberoi Realty's developments in MMR, where units priced above ₹4 crore were sold out within weeks of launch," said Puri from Anarock.

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