Residential real estate is a tale of two markets– luxury and everything else. A luxury home is all about location, provenance lifestyle – most often characterized by high-end finishes, large sizes, unique architectural details and exceptional amenities. But most importantly a luxury home is high on experiences, where the simple moments of everyday life are elevated to become the art of living.
Covid 19 has pushed many luxury homes on sale. Corrected valuations, some discounting, lower interest rates, stamp duty rebates in certain States may have acted as catalyst for fence sitting homebuyers.
Data suggests that transactions are happening across top Indian cities within a price bracket of Rs 5 crore to 50 crore and more. People are scouting for larger spaces with grand amenities.
Needless to say, people want to get the best version of homes that their imagination, read pockets can stretch to. As the luxury home buyer makes a comeback, let’s find out what is trending in luxury homes across India. To discuss this, we have with us one of most credible voices of the Indian real estate industry – Anuj Puri, Chairman, ANAROCK Property Consultants.