High-End Luxury Segment Contributes 34% to Q1 2024 Residential Launches

02 Apr 2024 CW Team

In the first quarter of 2024, the high-end luxury segment has emerged as a significant contributor to residential launches, comprising 34% of the total. This trend underscores the continued demand for premium housing options and signals optimism in the luxury real estate market.

The surge in high-end luxury residential launches reflects the confidence of developers in catering to the discerning tastes of affluent homebuyers. These developments often boast top-notch amenities, bespoke designs, and prime locations, catering to the aspirations of luxury home seekers.

The strong performance of the high-end luxury segment in Q1 2024 demonstrates the resilience and dynamism of India's real estate market. Despite challenges posed by the pandemic, the demand for premium properties remains robust, supported by factors such as urbanisation, evolving lifestyles, and increased disposable incomes.

Developers are leveraging this demand by introducing innovative and exclusive projects tailored to the preferences of luxury homebuyers. The emphasis on quality, design, and lifestyle amenities sets these developments apart and reinforces their appeal in the market.

As the high-end luxury segment continues to flourish, it is expected to drive further innovation and competition in India's real estate landscape. Developers are likely to focus on delivering exceptional living experiences, thereby shaping the future of luxury residential living in the country.

Overall, the significant contribution of the high-end luxury segment to Q1 2024 residential launches highlights its pivotal role in the overall growth and evolution of India's real estate sector.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..