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India’s luxury homes landscape is fast evolving
Mar 07, 2014
BANGALORE: For a country which was in the past largely referred to in context with high poverty levels, India has come a long way by emerging as a resilient market for luxury housing. Of course, this is not a uniform phenomenon, and the demand for luxury housing in India varies according to cities. Even the definition of ‘luxury’ changes as we look into various parts of the country.
Branded homes: The new symbols of ‘arrival’
Jan 18, 2014
MUMBAi: In India, the concept of branded luxury homes is only two or three years old. Growth of this segment could be pegged at roughly 5-6 per cent per annum, owing to the fact that it is a very exclusive niche category with a restricted number of buyers.
Branded luxury homes for professionals in vogue
Jan 15, 2014
DELHI: Developers put their exclusiveness to high-end residential properties matching the international trends of living.
Branded residences taking a foothold
Dec 28, 2013
DELHI: In India, the concept of branded luxury homes is only two or three years old but it has gained a foothold in market and growing by 5-6 per cent a year.
Luxury housing in Lower Parel thrives due to accessibility to commercial hubs
Nov 19, 2013
MUMBAI: The proximity to the Bandra-Worli Sea Link, Dr Annie Besant Road, Dr E Moses Road and Senapati Bapat Road, is attracting end-users to buy luxury homes in Lower Parel. These roads connect the area with several prime commercial as well as residential destinations within the city of Mumbai.
Sale of South Mumbai’s high-end luxury homes drops by 30%
Sep 10, 2013
MUMBAI: High-end properties in South Mumbai have fewer takers in a gloomy economy. While property appreciation in Sobo, as the area is fondly called, has dropped to 10 per cent from 30 per cent two years ago, rental yields have fallen by more than half. "All the newer projects in South Mumbai are in the ultra-luxury segment and it's difficult to find buyers for these higher configuration and big-ticket homes in the current market," said Akhil Kapur, owner of real estate brokerage firm AJ Housing
SoBo’s high-end luxury homes find few takers
Sep 09, 2013
MUMBAI: High-end properties in South Mumbai have fewer takers in a gloomy economy. While property appreciation in Sobo, as the area is fondly called, has dropped to 10% from 30% two years ago, rental yields have fallen by more than half.
The new India wants luxury
Aug 12, 2013
DELHI: The rising demand for luxury homes has given a new face to housing concepts in India. Real estate developers are launching an array of luxury projects in metros and peripheral areas, and Tier II and III cities.
No rebate on early property tax payments this year in Mumbai
Jul 23, 2013
MUMBAI: Procedural and technical delays have forced the civic body to cancel the proposed property tax rebate on early bill payments for 2013. The Early Bird Incentive Scheme will now be rolled out only for the financial years 2014-15 and 2015-16.
Mumbai: At the pinnacle of the luxury market
Jul 22, 2013
MUMBAI: Historically, Mumbai has not just been the financial capital of India but also the ‘luxury capital’ of the country. However, some people are critical of this assessment, pointing to the fact that luxury brands like Louis Vuitton or Gucci have spread to stores in other markets, as well. Nevertheless, when it comes to real estate, the city’s property market still commands a premium in India and also in the global context.
Luxury home sales in Mumbai, Gurgaon down as growth tapers
Jul 11, 2013
DELHI: The richer middle class too is feeling the impact of the slowdown and isn't buying homes like before, badly impacting sales of luxury homes.

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