Known as the land of culture and tradition, India is not only the seventh-largest country by area but also home to the fourth largest population of millionaires (after Japan, China and Australia) in the Asia Pacific region, with increasingly growing HNIs.Mumbai, Delhi NCR, Chennai, Bangalore, Kolkata, Ahmedabad, Hyderabad and Chandigarh continue to be the top destinations for luxury real estate segment. Quality Real estate, especially luxury residences ask for superior supporting infrastructure like roads, highways, cities etc. and the Indian government has been investing a considerable amount of up to USD 1 trillion in the countrys infrastructure, thereby bolstering confidence in the countrys real estate. Additionally, many policy changes such as FDI improvement and enforcement of the Real Estate Bill have given a significant boost to the construction sector.
The Indian luxury real estate market has evolved from beinga market obsessive about a posh address to a new and vibrant concept of branded residences designed by internationally renowned architects, high-tech as well as environment friendly built-in features and five star hotel services such as concierge, housekeeping, clubhouse, pool, F&B facilities etc. Developers are being cognizant and adhering to the personalization demands of the truly affluent buyer. Express Exclusive, which is located in the heart of Chennai and designed by globally renowned DP Architects of Singapore, sets a perfect example of such developments. This Platinum LEED rated enclave of 153 spacious luxury condominiums complements the uber-elite life style in every square foot. Spread across 5 acres, the project offers an overall experience of a bespoke home. Another example of Indian luxury lies in the magnificent natural surroundings, beauty and splendor that an ideal vacation home has to offer.
Set amongst idyllic villages, white churches and serene beaches and swaying to the balmy sea breeze of Goa, Sioul villas are an impression of the unique trio of elements in our universe - the Sun, the Moon and the Earth. The Villas exude a fascinating web of space and energy, a curious mixture of attraction and intersection and seclusion that cannot be captured in words. Offering spectacular features such as private pool, double height living area, four lavish bedrooms, these villas are ideal for those who have an inclination of art, imagination and luxury. Along with the huge Indian diaspora living abroad who are investing in their original place of birth, there has been an increasing trend of Indias UHNWI & HNIs making real estate investments abroad. London, Dubai, USA, Singapore and Australia continue to be the preferred destinations for international real estate investments.
Guest Writer: Neha Kamboj, North India SIR