India leads Asia-Pacific branded residences market at `920 billion
Real Estate

India leads Asia-Pacific branded residences market at `920 billion

India's branded residences market has reached `920 billion, accounting for 21 per cent of the Asia-Pacific market's value, according to NOESIS Hotel Advisors. The number of projects is projected to...

India's branded residences market has reached `920 billion, accounting for 21 per cent of the Asia-Pacific market's value, according to NOESIS Hotel Advisors. The number of projects is projected to increase from 47 to 85 by 2028. Delhi-NCR leads with 15 projects, followed by Mumbai with six. Non-metro developments are expected to account for 45 per cent of projects, up from 8 per cent. Branded residences command an average premium of 32 per cent over comparable residential properties nationwide.

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