Elevating the Experience: Future-ready luxury homes in Gurugram

financialexpress.com:

Gurugram, often dubbed the ‘City of Dreams’, has witnessed remarkable growth in the luxury real estate market over the years. The city, renowned for its rapid development, innovative spirit, and thriving lifestyle, continues to attract discerning investors and homebuyers seeking an unmatched living experience. Whether it is sustainable living spaces, luxury high-rise condominiums, independent houses, villas, or bungalows, real estate developers focus on building visionary solutions catering to the emerging preferences of buyers.

According to the latest residential report by Cushman & Wakefield for Q1 2024, the Indian residential market witnessed robust momentum in the first quarter, fueled by sustained high demand. The high-end and luxury segment continued its reign in the first quarter, capturing approximately 34% of launches in Q1 2024. It also highlights that total unit launches across the top eight cities stood at 68,000. The Delhi-NCR region captured 61% of high-end and luxury housing total launches, with the Gurgaon region leading the way. Moreover, the capital values in the NCR witnessed an increase of 1%–2% on a Q-o-Q basis and 12%-15% on a Y-o-Y basis.

Various infrastructural developments, including metro and highway connectivity, give a new drive to residential real estate demand. The SPR corridor witnessed 3,614 units new launches during Q1 2024, with the luxury segment accounting for 61% of the share. This further highlights the growing demand for premium living in this region. It also highlighted a positive momentum in residential launches, with Gurugram dominating the entire Delhi NCR supply at 44% through focused demands primarily on SPR and NH8. This corridor also facilitates easy access to Indira Gandhi