These days more and more developers and builders are focussed on luxury housing in India. Seeing the number of affordable housing advertisements being exceeded by the luxury housing advertisements, the builders in India have realised the fact, following the bounce back from the recession, luxury homes in India are back in demand.
Renowned builders like Lodha Group, India bulls, Jaypee Group, Supertech, Logix, Raheja, IREO and Oberoi Group have numerous luxury residential projects in India - some complete, some nearing completion or are still at a construction stage. But that doesn't mean that affordable housing is out and luxury homes in India are in. Developers in India are targeting every section of the society starting from low-to middle- income groups to potential buyers and keeping in mind their requirements and choices, the builders offer a wide variety of housing options.
Moreover location and locality are also deciding factors while launching luxury homes. People looking for luxury homes normally prefer a place which is peaceful and away from the hustle bustle of city, but at the same time should be a prime location. Also, the locality should match their standards - which means, not just good neighbours, but neighbours who are a blend of quality and matching status.
Seems like the property industry in India is thoroughly expanding, with affordable housing which will never cease to shine and luxury housing which is set to flourish with the increasing number of super rich class in the Indian society.