Branded residences market in India to grow 126% in six years, driven by urban demand unlike resort-led growth in Asia-Pacific
India, Oct. 12 -- Rising domestic wealth is fuelling the next phase of growth in India's branded residences market, with the number of projects forecast to increase by 126% over the next six years, one of the strongest growth rates in Asia-Pacific. Unlike much of the region, where expansion is largely resort-led, India's market is expected to be driven increasingly by major urban centres, extending beyond hospitality-led resort developments, according to a Savills report.
India and Thailand remain key contributors to Asia-Pacific's branded residential pipeline, featuring among the region's top 10 markets by pipeline activity. In India, growth is increasingly extending beyond traditional hospitality-led resort developments to urban, non-h...
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