India Luxury Residential Real Estate Industry Insights: Size, Share, Growth, and Demand Analysis for the Next Decade

Markntel Advisors’ report, India Luxury Residential Real Estate Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the India Luxury Residential Real Estate presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

India Luxury Residential Real Estate Market Industry Research Report & Market Summary:

The India Luxury Residential Real Estate Market size was valued at around USD 45 billion in 2024 and is projected to reach USD 105 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 15% during the forecast period, i.e., 2025-30. Various factors are associated with this market growth. The increase in demand for second homes and vacation homes is among the key drivers of the India luxury residential real estate industry. The luxury housing sales in the USD 1.2-2.3 Million (₹10-20 crore) segment more than doubled in 2024 to 360 units. A growing middle class with more disposable income and a penchant for leisurely retreats contributes to this trend. The pandemic accelerated such tendencies as individuals sought safe and remote locations away from overcrowded metropolitan areas. Tourist destinations for holiday options including Goa, Haridwar, Dehradun, and others enjoy a heavy demand for luxury second homes in India. For instance, 55% of rich individuals in India have shown serious interest in buying a second luxurious home in popular tourist destinations and coastal regions like Goa.  Such a shift offers an opportunity for a lifestyle upgrade and proposed gain for investors could make second homes a sound investment choice.

If you’re interested in the assumptions considered in this study, you can download the PDF brochure-  https://www.marknteladvisors.com/query/request-sample/india-luxury-residential-real-estate-market.html

India Luxury Residential Real Estate Market Dynamics:

Key Driver-

Increasing Number of High-Net-Worth Individuals Driving Demand – In 2024, high-net-worth individuals (HNI) and ultra-high-net-worth individuals (UHNI) significantly increased in India. There are over 850,000 HNI, defined as individuals with investable assets of USD 1 million and above. The number is expected to rise further to 1.65 million by 2027. Also, there were about 13,600 UHNI in India in 2024, marking an annual increase of 6%. A growth of 50% is expected by 2028, which is considerably ahead of the global average growth of 30%. The booming luxury residential real estate has been driven by an increasing number of HNIs & UHNIs in the country. Demand was driven by luxury buyers seeking spacious homes that offer premium amenities catering to their multitasking lifestyles. Also, they look for investable luxurious residential properties for diversification of funds that would generate excellent returns as well. Real estate developers have now shifted their focus toward high-end projects to meet this growing demand in altering the real estate landscape to appeal to HNIs and UHNIs.

India Luxury Residential Real Estate Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Type

  • Flats- Market Size & Forecast 2020-2030, USD Million
  • Condos- Market Size & Forecast 2020-2030, USD Million
  • Penthouses- Market Size & Forecast 2020-2030, USD Million
  • Townhouses- Market Size & Forecast 2020-2030, USD Million
  • Villas- Market Size & Forecast 2020-2030, USD Million
  • Mansions- Market Size & Forecast 2020-2030, USD Million
  • Others (Vacation Homes, Farm Houses, etc.)

Out of them, the Villas segment leads the India Luxury Residential Real Estate Market with approx. 65% of the total market share. Villas are meant for the wealthy buyer, providing privacy, space, and exclusivity on the premise of ample properties, swimming pools, and picturesque gardens. In desired areas extending from the coast to upscale neighborhoods, they offer greater attractiveness.

By Size (sq. ft.)

  • 1,500 – 3,000 sq. ft.- Market Size & Forecast 2020-2030, USD Million
  • 3,000 – 4,500 sq. ft.- Market Size & Forecast 2020-2030, USD Million
  • 4,500 – 6,000 sq. ft.- Market Size & Forecast 2020-2030, USD Million
  • 6,000 – 7,500 sq. ft.- Market Size & Forecast 2020-2030, USD Million
  • 7,500-9,000 sq. ft.- Market Size & Forecast 2020-2030, USD Million
  • Above 9,000 sq. ft.- Market Size & Forecast 2020-2030, USD Million

Segments of 3,000-4,500 sq. ft. lead the India Luxury Residential Real Estate Market, with 40% of the total market share. High-net-worth individuals and ultra-high-net-worth individuals prefer properties falling therein in India due to their size, which offers both luxury and practicality while being inviting.

By Furnishing

  • Fully Furnished- Market Size & Forecast 2020-2030, USD Million
  • Semi-Furnished- Market Size & Forecast 2020-2030, USD Million

By Price

  • 1–5 (USD Millions) – Market Size & Forecast 2020-2030, USD Million
  • 5-10 (USD Millions) – Market Size & Forecast 2020-2030, USD Million
  • 10-20 (USD Millions) – Market Size & Forecast 2020-2030, USD Million
  • 20-50 (USD Millions) – Market Size & Forecast 2020-2030, USD Million
  • 50- 100 (USD Millions) – Market Size & Forecast 2020-2030, USD Million
  • Above 100 (USD Millions)- Market Size & Forecast 2020-2030, USD Million

By Configuration

  • 1-2 Bedrooms (BHK)- Market Size & Forecast 2020-2030, USD Million
  • 3-4 Bedrooms (BHK)- Market Size & Forecast 2020-2030, USD Million
  • 5-6 Bedrooms (BHK)- Market Size & Forecast 2020-2030, USD Million
  • 7 & Above Bedrooms (BHK)- Market Size & Forecast 2020-2030, USD Million

By Region

  • North India
  • South India
  • East India
  • West India.

As indicated in the latest market research report published by Markntel Advisors, “India Luxury Residential Real Estate Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the India Luxury Residential Real Estate. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/india-luxury-residential-real-estate-market.html

Top Companies Operating in the India Luxury Residential Real Estate Market:

  • Sobha Realty
  • Oberoi Realty
  • DLF
  • Hiranandani Group
  • Bhutani Infra
  • Lodha Group
  • Omaxe
  • Godrej Properties
  • Jaypee Group
  • Brigade Group
  • Mahindra Lifespaces
  • Tata Housing
  • K Raheja Corp
  • Ajmera Realty & Infra India Ltd.
  • Prestige Group
  • Panchshil Realty
  • Others.

Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

*Reports Delivery Format – Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*

Key Report Highlights:

  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

Frequently Asked Questions (FAQs)-

  1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
  2. What are the trends influencing the current scenario of the market?
  3. What leading factors would propel and impede the industry across the geography?
  4. How has the industry been evolving in terms of geography & India Luxury Residential Real Estate Market adoption?
  5. How has the competition been shaping up across the geography?
  1. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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