Luxury Real Estate in India Thrives with NRIs, HNIs and Top Developers

There is a strong wave of demand for premium real estate in India, propelled by high-net-worth individuals (HNI)s and non-resident Indians (NRIs) who are looking for secure and high yielding investment opportunities.

ANAROCK’s Annual Residential Report 2024 states that of the new housing projects in Delhi NCR 59 percent  had a ticket price greater than Rs. 250 lakhs and in Hyderabad the number was 18 percent and in MMR (Mumbai Metropolitian Region) it was 12 percent showing an increased demand for premium homes by high paying buyers and NRIs.

Demand for premium real estate in India surges as NRIs and HNIs drive growth in luxury housing.

Top developers like DLF, Godrej Properties, and Signature Global see significant YoY sales growth in the premium real estate market."

The rise of premium housing demand in India is fueled by trusted developers offering compliance-based, timely delivery.

Market analysts say that the Grade A developers has the track record to pull in these premium buyers and investors, access credit easily and that they have the scale to efficiently execute very large projects. These Grade A Developers are in the best position to see continued growth in their business, larger market share, and will be financially more stable for the long term, while strengthening their leader position in India's changing real estate sector.

The demand for premium or luxury housing is more than being supplied, but in a constructive manner, as with the listed companies with the known track record for timely delivery and compliance-based operations. Sales of listed players have increased every year as they have a mechanism of sales on a compliance based company.

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DLF, the largest listed real estate company in India, achieved its all-time highest sales booking of Rs. 21,223 crore in FY25, a 44 percent year-on-year (YoY) increase (FY24: Rs. 14,778 crore). Similarly, Godrej Properties (FY25: Rs. 29,444), experienced an YoY growth of 31 percent. Signature Global (India) Limited registered pre-sales of Rs. 10,209 crore, an YoY increase of 42 percent and Macrotech Developers registered sales booking of Rs. 17,630 crore, an YoY growth of 21 percent.

Ravi Aggarwal, Co-founder & Managing Director, Signature Global (India) Limited says, “Over the years, NRIs and HNIs have emerged as key drivers of demand in the premium segment. With market consolidation gaining momentum and more buyers gravitating towards trusted real estate brands, investor sentiment is expected to remain strong”.

Rahul Thomas, Whole Time Director, Suraj Estate Developers Limited says, “We have witnessed this shift first-hand, with a significant uptick in interest across our luxury portfolio in South-Central Mumbai. These buyers value more than just square footage - they’re very clear with their requirements, looking for a legacy address, superior specifications, and privacy. We believe listed and compliance-driven developers are best positioned to meet this rising demand with transparency and trust”.

Saurabh Runwal, Director, Runwal Realty, "This surge is being driven by what we call the 'credibility premium'. Buyers today want the assurance of delivery, regulatory compliance, and long-term value creation. Trusted developers with a track record of excellence are leading this transformation — and in the process, redefining what luxury living means in India”.

Saurabh Runwal, Director, Runwal Realty, says, "This surge is being driven by what we call the 'credibility premium.' Buyers today want the assurance of delivery, regulatory compliance, and long-term value creation. Trusted developers with a track record of excellence are leading this transformation — and in the process, redefining what luxury living means in India.”