Affluent Kolkata Investors Target Delhi Luxury Housing

The increasing affluent in the eastern and western regions of India is pushing the high income investors to the high end residential real estate of New Delhi. Cities like Kolkata and Ahmedabad are experiencing an increased demand in luxury homes in the national capital by individuals with a high net worth, who are both seeking luxury upgrades in their lives and long term investment opportunities.

According to real estate consultants, the residential high-end market in India has been experiencing a continuous demand over the last few years due to the rapid pace of wealth creation in the major economic hubs.

Key Highlights

• Buyers from Kolkata are showing rising interest in New Delhi luxury homes.
• High-rise luxury projects are reshaping Delhi’s premium housing market.
• Integrated developments like DLF Midtown One Midtown see strong price growth.

The tendency of investors to diversify their property in addition to their native cities is growing with Delhi being one of the most popular destinations as the supply is low, demand is high, and the idea to have property in the political and administrative capital of the country.

Historically, the high-end housing market in Delhi was in the form of independent floors, bungalows and kothis, which are in well-established neighbourhoods. Nonetheless, residential profile of the city is slowly changing with top developers launching high rises with luxury condos with contemporary facilities and gated communities that are managed by professionals.

Also Read: Raj Cooling Launches AGREYAS, Signs Emraan Hashmi as Brand Face

The key players, e.g., DLF Limited, Godrej Properties, TARC Limited and Unity Group are increasing their presence in the capital with developed residential development.

One is the DLF Midtown one Midtown in Moti Nagar. It has a development that consists of four towers up to 39 storeys and is an environment full of green areas. The price of property at the project has increased greatly since the project starting in 2022, showing a high interest of the investors, and the development of the integrated luxury projects by the housing market which is evolving in Delhi.