New Delhi, May 21 -- The subtle shift in India's luxury real estate market is no longer about the size of the bedroom. It is about who designed the lobby. In the National Capital Region (NCR), where a slowing volume of sales has paradoxically pushed values higher, developers are quietly retiring the old playbook of marble flooring and replacing it with something more intangible: global architectural credibility.
According to data from Anarock, while housing sales volumes stagnated, the total sales value in NCR breached Rs. 1.53 lakh crore in 2024, driven by a 23% price rise, the highest in India. Within this pressure cooker of high prices and discerning High Net-Worth Individuals (HNIs), international design firms have become the new statu...