亚博体育官网首页

Knight frank reports rising demand for luxury real estate
Real Estate

Knight frank reports rising demand for luxury real estate

Due to a rise in sales and consumer demand in the luxury real estate market, last year was lucrative for the sector. The luxury market became the industry鈥檚 growth engine in 2022, and this pattern is anticipated to continue in 2023. Over the past few years, luxury real estate has become a popular choice among NRIs and HNIs. In spite of a number of factors, nine out of ten Indians with ultra-high net worth increased their fortune in 2022, according to a new analysis from the real estate consulting company Knight Frank.

In the next two years, more HNIs plan to purchase luxury real estate or second residences. NRIs are also seeing this as a fantastic opportunity to develop larger and better assets back home, made possible by a significantly stronger purchasing power and steep decline in the rupee.

While the performance of other investment channels and the stock market, as well as the sentiment of luxury purchasers, are all tightly correlated, the correlation between home loan interest rates is lower. This is mostly due to the fact that the majority of homebuyers in this segment rely less on home loans than they do on other forms of investment to cover their purchases of homes. Additionally, the Budget 2023鈥檚 measures will have an influence on luxury housing just as they will have an influence on homebuying decisions across all market sectors.

Change in preference of investment
High net worth individuals' (HNIs) investing behaviours have shifted dramatically as investment complexity, regulatory and taxation burdens, and asset class volatility have increased. HNIs have always preferred traditional real estate investments over other types, but the current economic climate has pushed the luxury segment to the fore.

In today's unsettling environment, real estate remains the best investment despite local and international challenges. Right now, the stock market is excessively erratic and pessimistic. FD interest rates are still low. The housing market is more or less stable and significantly more positive than the volatile stock market. Residential real estate investing provides both a return on investment and long-term appreciation. Because it is a tangible asset, it also serves as a hedge against potential financial uncertainty. It remains the best option for investors.

The main drivers of demand for second homes or vacation properties are high net worth individuals, non-resident Indians, and corporate professionals. People who have a steady income and savings but work remotely prefer to invest in opulent vacation homes surrounded by lush vegetation. Penthouses, condos, and villas in gated communities with open spaces, scenic views, good broadband access, security, and cutting-edge amenities such as a swimming pool, gym, spa, and health centre are in high demand. Given that the pandemic had isolated everyone for a long time, their desire to treasure community living has changed.

Post-pandemic perspective shift
Following the pandemic and lockdowns, there has been a paradigm shift in investors' perspectives. Gold and real estate have taken precedence over intangible assets. People are not afraid to put their money where their mouth is. As a result, rising demand from wealthy buyers is driving up the number of luxury home launches.

See also:
Chetan Bhagat acquires south Delhi apartment worth Rs 11.6 cr
Lavelle Road's ancestral bungalow sold at Rs 27.5 cr in Bengaluru


Due to a rise in sales and consumer demand in the luxury real estate market, last year was lucrative for the sector. The luxury market became the industry鈥檚 growth engine in 2022, and this pattern is anticipated to continue in 2023. Over the past few years, luxury real estate has become a popular choice among NRIs and HNIs. In spite of a number of factors, nine out of ten Indians with ultra-high net worth increased their fortune in 2022, according to a new analysis from the real estate consulting company Knight Frank. In the next two years, more HNIs plan to purchase luxury real estate or second residences. NRIs are also seeing this as a fantastic opportunity to develop larger and better assets back home, made possible by a significantly stronger purchasing power and steep decline in the rupee. While the performance of other investment channels and the stock market, as well as the sentiment of luxury purchasers, are all tightly correlated, the correlation between home loan interest rates is lower. This is mostly due to the fact that the majority of homebuyers in this segment rely less on home loans than they do on other forms of investment to cover their purchases of homes. Additionally, the Budget 2023鈥檚 measures will have an influence on luxury housing just as they will have an influence on homebuying decisions across all market sectors. Change in preference of investment High net worth individuals' (HNIs) investing behaviours have shifted dramatically as investment complexity, regulatory and taxation burdens, and asset class volatility have increased. HNIs have always preferred traditional real estate investments over other types, but the current economic climate has pushed the luxury segment to the fore. In today's unsettling environment, real estate remains the best investment despite local and international challenges. Right now, the stock market is excessively erratic and pessimistic. FD interest rates are still low. The housing market is more or less stable and significantly more positive than the volatile stock market. Residential real estate investing provides both a return on investment and long-term appreciation. Because it is a tangible asset, it also serves as a hedge against potential financial uncertainty. It remains the best option for investors. The main drivers of demand for second homes or vacation properties are high net worth individuals, non-resident Indians, and corporate professionals. People who have a steady income and savings but work remotely prefer to invest in opulent vacation homes surrounded by lush vegetation. Penthouses, condos, and villas in gated communities with open spaces, scenic views, good broadband access, security, and cutting-edge amenities such as a swimming pool, gym, spa, and health centre are in high demand. Given that the pandemic had isolated everyone for a long time, their desire to treasure community living has changed. Post-pandemic perspective shift Following the pandemic and lockdowns, there has been a paradigm shift in investors' perspectives. Gold and real estate have taken precedence over intangible assets. People are not afraid to put their money where their mouth is. As a result, rising demand from wealthy buyers is driving up the number of luxury home launches. See also: Chetan Bhagat acquires south Delhi apartment worth Rs 11.6 cr Lavelle Road's ancestral bungalow sold at Rs 27.5 cr in Bengaluru

Next Story
Infrastructure Urban

ClickPost Launches Atlas to Benchmark E-commerce Logistics

ClickPost, a leading logistics intelligence platform, has launched Atlas, a subscription-based benchmarking tool designed to transform how e-commerce brands strategise logistics. Powered by ClickPost鈥檚 proprietary network, which processes over 50 million shipments each month, Atlas enables brands to benchmark key operational metrics in real time against industry peers and standards.Unlike traditional dashboards, Atlas delivers comparative insights鈥攆rom fulfilment speeds, RTO rates and average order values to city-level delivery times and sales data鈥攁llowing brands to identify operational..

Next Story
Real Estate

Kalyani Launches Two New LivingTree Towers in Bengaluru

Bengaluru-based Kalyani Developers has announced the launch of Towers 3 and 4 at its flagship residential project, Kalyani LivingTree, located in KIADB Aerospace Park. The expansion adds 525 premium 3BHK apartments, ranging from 1300 to 1600 sq ft, and over 7.5 lakh sq ft of built-up area. Prices start from Rs 1.2 crore.These towers, the most exclusive in Phase 1, offer uninterrupted pool and landscape views, and access to over 60 lifestyle amenities, two clubhouses totalling 1 lakh sq ft, and more than 80 per cent open space.LivingTree spans 25 acres and will comprise ten towers of 23鈥�24 fl..

Next Story
Infrastructure Urban

Blue Water Logistics IPO opens May 27

Hyderabad-based Blue Water Logistics is launching its Rs 40.5 crore IPO on May 27, 2025, which will remain open for subscription until May 29. The price band has been set at Rs 132 to Rs 135 per share, with a lot size of 1,000 shares. This is a book-built issue entirely comprising a fresh issue of 30 lakh equity shares. The IPO will be listed on the NSE Emerge platform.Smart Horizon Capital Advisors is the sole book-running lead manager, while Maashitla Securities will act as the registrar. The anchor book will open on May 26, 2025. The IPO allocates 8,35,000 shares to anchor investors, 1,56,0..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement