Developers in India pitch back into the luxury market with new high end projects

Discussion in 'India property' started by Nicholas Wallwork, Apr 23, 2010.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    [​IMG]After ditching luxury property construction during the global recession, developers in India are*again returning to the high end of the market as demand rises.

    According to consultants Jones Lang LaSalle Meghraj and Knight Frank India there are about 7,000*luxury apartments to be delivered within a year in Mumbai alone.



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  2. sandeepnair

    sandeepnair New Member

    Thats right, Even Lodha Developers have planned to Build the worlds Tallest residential building in Mumbai. with the help of other investors such as HDFC. India is going on par with the world realestate market. :)
     
  3. avinashjog

    avinashjog New Member

    it is indeed true. In Pune too, Urban Space, Marvel Sangria and many more such luxurious projects are coming up in the next 2 years.
     
  4. rubina2013

    rubina2013 New Member

    Yes it is true, even in Bangalore and chennai too..
     
  5. Bigtowers

    Bigtowers New Member

    Its definitely true, indian real estate market growing day by day. Many developers are launching their projects in different indian cities.
     
  6. raghudev009

    raghudev009 New Member

    yes. definitely. "india Infoline also planned to invest 260 crore in three mumbai projects primarily in the form of loans to developers, who will use the money for project development, to buy construction rights for projects and for acquiring land.
     
  7. sunnyalex

    sunnyalex New Member

    But Luxuary has its own price.
     
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