{"id":9941,"date":"2024-07-15T11:22:09","date_gmt":"2024-07-15T11:22:09","guid":{"rendered":"https:\/\/www.ashianahousing.com\/real-estate-blog\/?p=9941"},"modified":"2024-07-15T11:22:09","modified_gmt":"2024-07-15T11:22:09","slug":"premium-homes-in-delhi-ncr","status":"publish","type":"post","link":"https:\/\/www.ashianahousing.com\/real-estate-blog\/premium-homes-in-delhi-ncr\/","title":{"rendered":"Premium Home Buying Tips: What to Consider When Purchasing a Luxury Home in Delhi NCR"},"content":{"rendered":"

The real estate market in India has experienced a phenomenal increase in the sales of luxurious flats. The trend is directly attributed to economic developments, expansion of the urban population, and the growing number of wealthy consumers. Today’s consumers are looking for upscale housing with luxurious facilities at strategic locations and sophisticated community living. The demand seems more prominent in the capital region among buyers wanting to purchase a luxury home in Delhi NCR.<\/span>
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Increase in Luxury Apartment Sales in India<\/b><\/h2>\n

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\nA mounting appetite for bigger homes by branded developers in superior locations largely drives the luxury housing segment. As per reports by Anarock, the luxury home category (1~1.5 cr) has made up to 21% of all residential sales across the top 7 Indian cities in Q1 of 2024. This is a gradual surge from a mere 7% for the same period of 2019.<\/span>
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\nSource:<\/span><\/i> Economic Times<\/span><\/i><\/a>
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Why Delhi-NCR Becomes Favorite for Luxury Real Estate Purchases<\/b><\/h2>\n

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\nDelhi-NCR can be termed one of India’s favorite locations for <\/span>luxury housing<\/span><\/a> for several reasons. The area has stellar connectivity of roads and railways, metro availability, and homes. It also has an international airport, with the next one to come in NCR’s Greater Noida. These factors are complimented by the presence of some of the most famous MNCs, well-known universities, and quality healthcare centers. Also, Delhi-NCR provides a rich heritage background as well as all the modern comforts for luxury living.<\/span>
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\nAccording to a recent report by CBRE, the premium and luxury housing segment, comprising units priced at Rs 2 crore and above, maintained strong sales momentum, registering a 70% year-on-year increase from January to September 2023. The trend is even more pronounced in certain cities, such as Delhi-NCR and Mumbai, where the combined share of these categories in overall sales is around 20%.<\/span>
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\nReference-<\/i><\/b> Financial Express<\/i><\/b><\/a>
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Aspects to Consider Before Buying a Luxury Property in Delhi<\/b><\/h2>\n

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