Luxury living on the rise: Exploring the resilient shift towards exclusive housing preferences Constructionweekonline.in Staff Writer
The real estate industry is experiencing a notable shift towards luxury living, with 2024 emerging as a pivotal year in this transformative journey. According to a recent industry report by Cushman and Wakefield, Delhi-NCR leads among India’s major cities in offering luxury homes, with prices starting at Rs 15,000 per sq-ft. These cities witnesses’ luxury homes constituting a significant 61% of all new residential projects indicating a profound shift in consumer preferences. This surge reflects an evolving trend among homebuyers who aspire towards more spacious and opulent living experiences