The luxury property market is set to continue growing in 2025 with the impetus coming from high-net-worth individuals (HNIs), strong capital market returns, and a vibrant startup culture. In India, demand for luxury housing is growing fast with HNIs and NRIs looking for upscale amenities and desirable locations. Luxury real estate worldwide has remained resilient in the face of economic uncertainties, and Generation X has been a major driver in the market. There is also a trend towards sustainable and technologically smart homes. With the Indian economy on an upward growth trajectory, cities such as Bangalore, Mumbai, and Delhi NCR are seeing a high demand for luxury housing. The future for luxury real estate overall looks promising, with buyers and sellers looking forward to a vibrant year.
Source: Coldwell Banker Global Luxury, India Sotheby's International Realty, Sterling Developers.