Luxury real estate beckons Hyderabad
1 year, 8 months ago

Luxury real estate beckons Hyderabad

Deccan Chronicle  

HYDERABAD: In March, India's largest real estate group DLF had sold 1,137 flats in luxury high-rise residential project, each worth around Rs 7 crore, in Gurugram in just three days! "The whole Hyderabad luxury real estate game will change in the next two to three years. Iris by Raghava is a super luxury project with four million square feet of built-up area spread over eight acres, while Capital 45 will be spread over three acres with a built up area. Harsha believes it is the right time to enter the Hyderabad real estate market with a luxury project.

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History of this topic

Yearender 2024: Luxury homes redefine wealth as real estate becomes ultimate status symbol
6 days, 20 hours ago

Yearender 2024: Luxury homes redefine wealth as real estate becomes ultimate status symbol

India TV News  

The year 2024 marked a significant shift in India’s real estate market, with luxury homes emerging as the ultimate status symbol for the country’s wealthy. Record-breaking deals across cities This year witnessed record-breaking transactions in the luxury real estate market. Several factors are driving the affluent class towards luxury real estate: Wealth growth: The 2024 Hurun Rich List reported a …

Meet Rishi Parti, man who bought Rs 190 crore ultra-luxury penthouse in Gurugram
Trending News
2 weeks, 1 day ago

Meet Rishi Parti, man who bought Rs 190 crore ultra-luxury penthouse in Gurugram

India Today  

In a record-breaking transaction, a luxury penthouse in DLF Camellias on Gurgaon’s Golf Course Road has been sold for Rs 190 crore, setting a new benchmark for high-rise condominium deals in India. As per reports, the 16,290-square-foot penthouse fetched an impressive Rs 1.2 lakh per square foot on the super area and Rs 1.8 lakh per square foot on the …

25 ultra luxury housing deals worth ₹2443 crore transacted across top cities
3 months, 2 weeks ago

25 ultra luxury housing deals worth ₹2443 crore transacted across top cities

Hindustan Times  

A total of 25 ultra-luxury homes priced more than ₹40 crore were sold in Mumbai, Hyderabad, Gurugram and Bengaluru in the first eight months of 2024 for a collective sales value of approximately ₹2,443 core, Anarock data showed. A total of 25 ultra-luxury homes priced more than ₹ 40 crore were sold in Mumbai, Hyderabad, Gurugram and Bengaluru in the …

Mumbai sells record ₹12,300 cr of luxury homes in Jan-June period as buyers upgrade to bigger apartments
5 months, 1 week ago

Mumbai sells record ₹12,300 cr of luxury homes in Jan-June period as buyers upgrade to bigger apartments

Live Mint  

Luxury homes in Mumbai, India's most expensive real estate market, clocked record sales of ₹12,300 crore in the first half of 2024 on the back of growing demand for high-end properties, with Worli cornering more than a third of the purchases. In comparison, about ₹11,400 crore of luxury homes - priced ₹10 crore and above - were sold in the …

Luxury realty booms: Homes above Rs 1 cr now 41% of India's housing sales
5 months, 2 weeks ago

Luxury realty booms: Homes above Rs 1 cr now 41% of India's housing sales

Business Standard  

India's residential real estate market is experiencing a surge in activity, fueled by a robust economy and growing demand for luxury living. A new report by Knight Frank, titled "India Real Estate: Residential and Office, revealed that the first half of 2024 witnessed a significant jump in residential unit sales across India's top eight cities, including Mumbai, Delhi-NCR, Bengaluru, Pune, …

Share of luxury homes' sales now almost at par with affordable housing units
7 months, 2 weeks ago

Share of luxury homes' sales now almost at par with affordable housing units

Hindustan Times  

The share of luxury housing sales has jumped to 21% from a mere 7% five years ago but affordable housing has seen a sharp decline, dropping to 20% from 37% in the same period, data shared by Anarock has shown. The share of luxury housing sales has jumped to 21% from a mere 7% five years ago but affordable housing …

DLF sells all 795 apartments in new luxury project in Gurugram for ₹5,590 crore within three days of launch
7 months, 2 weeks ago

DLF sells all 795 apartments in new luxury project in Gurugram for ₹5,590 crore within three days of launch

Hindustan Times  

DLF, a listed real estate company, said on May 9 that it had sold all 795 apartments for ₹5,590 crore within three days of the launch of its new luxury housing project in Gurugram on the back of robust housing demand. DLF, a listed real estate company, said on May 9 that it had sold all 795 apartments for ₹ …

Luxury Home Sales Up 10 per Cent, Hyderabad Sees 2x Growth
7 months, 3 weeks ago

Luxury Home Sales Up 10 per Cent, Hyderabad Sees 2x Growth

Deccan Chronicle  

Chennai: Sales of luxury homes witnessed 10 per cent growth in the March quarter, while Hyderabad saw the highest growth of 110 per cent. The luxury segment housing units priced Rs 4 crore and above recorded a 10 per cent growth during Jan-Mar ’24. According to CBRE, new launches in the luxury segment saw 64 per cent growth during the …

Luxury homes priced over ₹4 crore record 10% Y-o-Y growth in Jan-March 2024 across top seven cities
7 months, 3 weeks ago

Luxury homes priced over ₹4 crore record 10% Y-o-Y growth in Jan-March 2024 across top seven cities

Hindustan Times  

Luxury housing units priced more than ₹4 crore and above recorded a 10% Y-o-Y sales growth during January to March 2024 across seven major cities. Luxury housing units priced more than ₹ 4 crore and above recorded a 10% Y-o-Y sales growth during January to March 2024 across seven major cities. As per the data for sales of housing units …

Real estate trends: Why are rich Indians buying luxury properties before the close of the financial year?
9 months, 3 weeks ago

Real estate trends: Why are rich Indians buying luxury properties before the close of the financial year?

Hindustan Times  

There’s a surge in the number of luxury property deals getting registered across the country just before the financial year comes to an end. The ticket size of these properties range from ₹ 10 crore to more than ₹ 100 crore One of the reasons could be that several investors who have made gains in the financial markets may be …

Mumbai dominates ultra-luxury real estate with 53 homes sold above ₹40 Crore
1 year ago

Mumbai dominates ultra-luxury real estate with 53 homes sold above ₹40 Crore

Hindustan Times  

Mumbai: 58 ultra-luxury homes priced above ₹40 crore were sold across seven major cities till November 2023, accumulating a total sales value of ₹4,063 crore. Anuj Puri, Chairman of Anarock Group, noted, “Demand for both luxury and ultra-luxury properties has surged since the pandemic, with HNIs and ultra-HNIs buying such homes for investment, personal use, or both. The upsurge in …

58 Ultra-luxury Homes Priced Over Rs 40 Crore Sold In India This Year Across Top 7 Cities
1 year ago

58 Ultra-luxury Homes Priced Over Rs 40 Crore Sold In India This Year Across Top 7 Cities

ABP News  

Ultra-luxury homes, priced more than Rs 40 crore each, have seen an unprecedented bull-run in 2023, with both the number of sales and sales value of such assets hitting new heights. According to the latest ANAROCK Research data, year 2023 has seen a staggering 247 per cent yearly surge to date in terms of total sales value of ultra-luxury homes …

DLF to launch 2 luxury housing projects in Gurugram: MD Ashok Tyagi
1 year, 3 months ago

DLF to launch 2 luxury housing projects in Gurugram: MD Ashok Tyagi

Business Standard  

Realty major DLF Ltd will launch two luxury housing projects worth Rs 15,000 crore in Gurugram during the second half of this financial year to expand its business amid strong demand for premium homes, its Managing Director Ashok Kumar Tyagi said. Buoyed by sales of Rs 8,000 crore worth of flats within three days in February in its new project …

REAL ESTATE LUXURY INVESTMENT SEEING GEOGRAPHICAL EXPANSION BEYOND METROS AND HOTELS
1 year, 5 months ago

REAL ESTATE LUXURY INVESTMENT SEEING GEOGRAPHICAL EXPANSION BEYOND METROS AND HOTELS

Deccan Chronicle  

The Indian real estate market has always been fertile ground for astute investors in search of long-term financial prosperity, with the luxury real estate sector evolving of late as a favourable investment growth avenue. Reduced Cost of Land Another factor encouraging luxury real estate investment outside of the metro areas is the availability of land at relatively lower prices. Demand …

DLF sells all 1,137 luxury flats worth Rs 8,000 crore in 3 days
1 year, 9 months ago

DLF sells all 1,137 luxury flats worth Rs 8,000 crore in 3 days

Deccan Chronicle  

New Delhi: Realty major DLF Ltd on Thursday announced the sale of its entire luxury project in Gurugram, comprising 1,137 flats each costing Rs 7 crore and above, for over Rs 8,000 crore within three days, reflecting a strong demand for premium flats across major cities. In an interview, DLF CEO Ashok Tyagi and group executive director Aakash Ohri described …

DLF sells 1,137 flats in Gurugram for over ₹8,000 crore within 3 days
1 year, 9 months ago

DLF sells 1,137 flats in Gurugram for over ₹8,000 crore within 3 days

The Hindu  

Realty major DLF Ltd on Thursday said it has sold 1,137 luxury apartments, priced ₹7 crore and above, in its housing project in Gurugram for over ₹8,000 crore within 3 days, reflecting a strong demand for premium flats across major cities. In a regulatory filing, DLF informed that it has "witnessed record breaking pre-formal launch sales of ₹8,000-plus crores for …

Luxury home sales up ahead of LTCG limit
1 year, 9 months ago

Luxury home sales up ahead of LTCG limit

Deccan Chronicle  

Chennai: Revenue collections from property registrations touched a new high in February 2023 despite an eight percent drop in the volume of registrations. This indicates that sales of luxury homes went up as buyers hurriedly made purchases before the new cap on long-term capital gains tax comes into effect on April 1. “Interestingly, even while revenue collections went up significantly …

Luxury property prices up 8-10%, Delhi NCR, Mumbai top list: Report
1 year, 11 months ago

Luxury property prices up 8-10%, Delhi NCR, Mumbai top list: Report

Hindustan Times  

Prices of luxury properties appreciated by 8-12 per cent during the last year across major cities and has breached the 2015 peak level, according to India Sotheby's International Realty. Delhi's India Gate and Mumbai's Marine Drive In its annual 'Luxury Outlook Survey 2023', India Sotheby's International Realty revealed that 61 per cent of High-Net-worth Individuals and Ultra High-Net-worth Individuals are …

Hyderabad sees highest demand for luxury houses in percentage terms
2 years, 6 months ago

Hyderabad sees highest demand for luxury houses in percentage terms

Deccan Chronicle  

Hyderabad: Continuing the post-Covid trend of living life like a king, people have shifted their preference from affordable housing to mid-end and high-end houses. This is very evident from analysing buyer behaviour in the top seven cities in the last fiscal year FY21-22 — nearly 80 per cent of the demand is for mid-end and high-end homes, with the affordable …

Real estate: Benefits of investing in luxury properties now
2 years, 7 months ago

Real estate: Benefits of investing in luxury properties now

Live Mint  

Real estate has long been considered a relatively safe investment. If invested after a thorough analysis of the local real estate market, luxury properties are bound to prove an excellent investment instrument. As the real estate sector is looking at a full-scale revival, the luxury property market is also presenting awesome opportunities for investment in 2022. While the economy is …

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