Rs 100 crore+ apartments selling like hotcakes: Inside India's unreal estate boom fuelled by ultra-rich buyers
neighbourhood billionaire, and all this is available in your city.
Ultra-luxury houses that can give The Louvre a run for its money — like this particular residential tower in Mumbai where you can enjoy an original Picasso in the lobby as you sip your morning tea — are becoming all too common in India. The price tag can run into hundreds of crores, something that’s hardly a deterrent for the rich and famous whose numbers seem to only be increasing, with India adding a billionaire every 5 days in 2023.
The extraordinary surge in wealth since the pandemic has fuelled a boom in the luxury housing market that has all but reshaped the country’s real estate landscape. With the pandemic behind us and the economy continuing to deliver world-beating growth, the luxury residential segment is emulating the growth march, setting new benchmarks for opulence, exclusivity and sophistication.
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