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High-Net-Worth NRIs Drive Luxury Real Estate Market Boom: Report

March 25, 2025

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The Daily Guardian

India's luxury real estate market is witnessing rapid growth, driven by strong demand from high-net-worth individuals (HNWIs), non-resident Indian (NRI) investors, and domestic buyers looking to invest in premium properties.

- TDG NETWORK

High-Net-Worth NRIs Drive Luxury Real Estate Market Boom: Report

According to a report by GRI Club, an international real estate company, the sector is outperforming expectations and is set to record its third consecutive year of unprecedented sales.

"The sector is not only outperforming expectations but is on track to deliver its third consecutive record-breaking year in sales. In the top seven cities, total residential sales in 2024 are projected to exceed INR 5.1 trillion, with more than 300,000 units sold," it said.

This surge highlights the increasing dominance of the luxury real estate segment in the country's evolving property market.

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