eliteagent.com-Real estate becomes India’s status symbol as luxury properties dominate 2024
In 2024, India’s luxury real estate market witnessed a dramatic surge in demand, with properties priced between ₹10 crore (A$1.83 million) and ₹80 crore (A$14.68 million) becoming the top investment choice for high-net-worth individuals (HNIs) and ultra-high-net-worth individuals (UHNIs).
Hindustan Times reported that 2024 saw an unprecedented focus on spacious and amenity-rich homes, catering to the lifestyle aspirations of India’s wealthy elite. In cities like Mumbai, Gurgaon, and Delhi, demand far outstripped supply, with buyers prioritising exclusive residences over traditional standalone bungalows.
