India, Oct. 18 -- Once defined by sprawling bungalows, farmhouses and independent builder floors, Delhi's luxury housing market is gradually embracing gated high-rise communities. Developers are transforming former industrial estates and mill lands into residential developments offering spacious apartments, clubhouses, landscaped greens, dedicated parking, round-the-clock security and professional management.

The appeal lies in upgrading lifestyles without leaving familiar neighbourhoods, social networks, schools and clubs. With prime land scarce and conventional housing supply constrained, the Rs.15-crore and above price point is emerging as a sweet spot for some projects, attracting end-users, established families buying larger homes a...