India ranks 6th in global branded residences market

ByEnigma 808

India is making a significant impact in the global branded residences market, ranking 6th for live projects and contributing 4% to the global supply, according to a report released Tuesday. The country also holds the 10th spot in upcoming branded residential projects, accounting for 2% of future supply.

The report highlights India’s growing role in the sector, driven by its expanding wealth base. In 2024, India had nearly 86,000 individuals with a net worth over $10 million, representing 3.7% of the global high-net-worth population. This increase in affluent residents is boosting demand for branded residences with global appeal and top-notch amenities.

Key cities like Mumbai, Delhi-NCR, Bengaluru, and Pune lead the market, while Goa and Uttarakhand are becoming popular destinations for second homes. India is poised to become one of the fastest-growing regions for branded developments in the Asia-Pacific.

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    Besides writing and being a content creator, Enigma 808 sometimes likes to watch paint dry on walls, listening to ASMR while timing snails racing. Such is life.