Financial Express-From Bungalows to High-Rises: The new face of Delhi’s luxury real estate
New Delhi, a city long defined by sprawling independent floors and bungalows, is undergoing a dramatic transformation. The capital’s skyline is being reshaped by luxury high-rise condominiums, reflecting a paradigm shift in urban living and real estate trends. This vertical revolution, spurred by a post-COVID surge in demand, has seen the city embrace integrated housing solutions that combine modern luxury with community living.
A recent report by JLL highlights this trend, revealing that in the first half of 2024, 19% of all homes sold in the Delhi-NCR region were in the luxury segment. Developers have been quick to respond to this demand, with new projects setting unprecedented benchmarks for comfort, privacy, and convenience.
