The luxury real estate market in India has been witnessing remarkable growth, driven by an increasing number of buyers, evolving lifestyle aspirations, and rapid urbanisation. Despite global economic uncertainties, India`s luxury property sector continues to flourish, attracting both domestic and international investors.

"The luxury real estate market in India has surged due to rising affluence, urbanisation, and evolving lifestyle preferences. Economic growth has increased the number of high-net-worth individuals in the country, driving demand for high-quality properties, with the current rate of growth at 21 per cent. Rapid urban development across the country has created more ideal locations for luxury properties. Tier-2 and Tier-3 cities are also catching up in this regard, growing more and more, year by year," Sridhar Samudrala, Founder and CEO of Hecta, said.