Business Standard-HNIs, NRIs to rule India's luxury housing mkt: 2025 realty trends decoded
2025 is likely to witness healthy traction in luxury and ultra-luxury apartments and condos, driven by strong appetite from high net worth individuals (HNIs) and non-resident Indians (NRIs). A clear preference for premium and best-in-class offerings will increasingly define the contours of the segment. Enquiries and primary sales in plotted developments, villas within gated communities and vacation homes are likely to be strong throughout 2025 and beyond, said a report by Colliers India, a real estate consultancy firm.
Steady rise in average housing prices, which have increased 11 per cent in 2024, can have a stabilizing effect on the residential market in 2025, especially in the affordable housing segment, said the report.
