Demand for luxury apartments is growing in Indian cities, say experts | India News – Times of India

Demand for luxury apartments is increasing in cities like Bengaluru, Mumbai and Delhi, reflecting a shift in homebuying trends. Nagabhushan Reddy, director of NBR Group, attributes this change to factors such as convenience, sustainability and investment potential.
Reddy noted that buyers are now prioritizing lifestyle upgrades, with luxury apartments offering features such as smart technology and wellness spacesand environmentally friendly designs. These facilities respond to changing preferences in city life.
Strategic locations near workplaces, schools and hospitals are an important factor driving demand. “Time is the ultimate luxury,” Reddy said, highlighting the role of accessibility in influencing purchasing decisions.
“The pandemic has also increased interest in wellness-oriented and environmentally conscious living spaces. Open layouts, ample natural light and green technologies are becoming important features in luxury homes,” Reddy added.
Luxury apartments are not only about functionality, but are also seen as a symbol of success. Reddy further said that these properties offer consistent appreciation, making them a reliable choice for long-term investments.