Gurugram Emerges as Leader in Branded Residences Amid Growing Luxury Housing Demand
Gurugram leads massive boom in branded residencies across country
Hindustan Times
Image: Hindustan Times
Branded residences are experiencing a significant boom in India, with Gurugram leading the charge. A report by Savills India forecasts a 19% year-on-year growth in branded residential developments, driven by high-net-worth individuals and global investors seeking luxury homes associated with renowned brands.
- 01Gurugram is at the forefront of the branded residences market in India.
- 02Savills India projects a growth from 764 to 910 branded residential projects by the end of 2025.
- 03High-net-worth individuals and NRIs are the primary buyers in this segment.
- 04Collaborations with global brands like Marriott and Trump Organisation are enhancing property appeal.
- 05The Dwarka Expressway is a key growth area for luxury real estate in Gurugram.
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Branded residences are becoming increasingly popular in India, with Gurugram leading this trend. According to a report from Savills India, the number of branded residential projects is expected to rise from 764 in December 2024 to 910 by the end of 2025, marking a 19% year-on-year growth. This surge is primarily fueled by affluent buyers, including high-net-worth individuals and non-resident Indians, who are seeking luxury homes associated with globally recognized brands. Developers are partnering with prestigious names like Elie Saab, the Trump Organisation, and Marriott International to offer unique amenities and services. With 2,117 units currently available or planned in the Delhi-NCR region, Gurugram's strong infrastructure and micro-market development are key factors in its dominance. The Dwarka Expressway has emerged as a significant growth corridor, driving property value appreciation. Industry experts note that buyers are increasingly interested in lifestyle and brand assurance, indicating that branded residences represent the future of ultra-luxury real estate in India.
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The increasing availability of branded residences is likely to elevate property values and attract more affluent buyers to Gurugram, enhancing the local economy.
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