{"id":703,"date":"2024-11-28T11:06:04","date_gmt":"2024-11-28T11:06:04","guid":{"rendered":"https:\/\/www.saldanha.in\/blog\/?p=703"},"modified":"2024-12-21T11:30:22","modified_gmt":"2024-12-21T11:30:22","slug":"luxury-homes-the-top-investment-choice-of-the-rich","status":"publish","type":"post","link":"https:\/\/www.saldanha.in\/blog\/luxury-homes-the-top-investment-choice-of-the-rich\/","title":{"rendered":"Luxury homes the top investment choice of the rich"},"content":{"rendered":"\n<p>Source: Hindustan Times ( <a href=\"https:\/\/bit.ly\/4glbOIa\">https:\/\/bit.ly\/4glbOIa<\/a> )<\/p>\n\n\n\n<p>The year 2024 was marked by luxury living. The launches of housing projects worth \u20b910 crore to almost \u20b980 crore made one thing clear &#8211; that demand was skewed towards luxury and ultra-luxury homes and that real estate developers left no stone unturned to launch projects that catered to buyers looking for spacious properties that could accommodate their lifestyle and long-term investment goals.<\/p>\n\n\n\n<p>Demand for luxury and ultra luxury homes among wealthy Indians went up and this was primarily on account of few launches in the luxury housing segment and the fear of missing out (FOMO) on the most desirable properties in town. There is less supply chasing high demand for luxury properties, especially in markets such as Mumbai, Gurgaon and Delhi. Rich investors in Delhi, who would earlier buy into bungalows, are now preferring housing communities with modern amenities, especially dedicated parking space that is a major challenge, say real estate experts.<\/p>\n\n\n\n<p>It\u2019s not only the amenities that are drawing the high-heeled to luxurious communities where apartments are worth \u20b980-crore and more. It\u2019s the gentry. It is here that they get to live and interact with people who have made it big, the who\u2019s who of high society.<\/p>\n\n\n\n<p>Wealthy Indian entrepreneurs also use their wealth predominantly for investment. More than eight out of ten (82%) of India\u2019s rich business owners are investing in stocks, bonds and real estate \u2013 the highest percentage amongst business owners in the top 10 global markets.<\/p>\n\n\n\n<p>Surging Wealth: The rise in the number of high-net-worth individuals (HNIs) and ultra-high-net-worth individuals (UHNIs) is a significant driver.<\/p>\n\n\n\n<p>Inflation Hedge: UHNI\u2019s are sharp and financially savvy &#8211; they understand the value of Luxury real estate as a hedge against inflation, offering stability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The year 2024 was marked by luxury living. The launches of housing projects worth \u20b910 crore to almost \u20b980 crore made one thing clear &#8211; that demand was skewed towards luxury and ultra-luxury homes and that real estate developers left no stone unturned to launch projects that catered to buyers looking for spacious properties that could accommodate their lifestyle and long-term investment goals.<\/p>\n","protected":false},"author":1,"featured_media":696,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":""},"categories":[4,32,34,9],"tags":[],"_links":{"self":[{"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/posts\/703"}],"collection":[{"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/comments?post=703"}],"version-history":[{"count":2,"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/posts\/703\/revisions"}],"predecessor-version":[{"id":705,"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/posts\/703\/revisions\/705"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/media\/696"}],"wp:attachment":[{"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/media?parent=703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/categories?post=703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saldanha.in\/blog\/wp-json\/wp\/v2\/tags?post=703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}