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