Today’s contemporary modern society seeks to experience the unique and luxurious life and owing to this, the Luxury residential are offering top-notch facilities and amenities, attracting the potential customers for state-of-art, aesthetic, luxurious and pleasing experiences. Likewise, the demand of this high-end residential are skyrocketing their sales in the market. An increased number of high-net-worth individuals, rapid urbanization, and rising incomes are just some of the factors contributing to that growth.
The report of Anarock Group reveals that, out of the total 3.65 lakh units sold across the top seven cities in 2022, about 18 percent were in the luxury category. Contrastingly, of the total 2.61 lakh units sold in 2019, just seven percent were in the luxury category.With the advent of new and booming technology the business of real estate has witnessed a paradigm shift.