India's luxury housing market booms as young affluent buyers seek to invest

India's residential real estate sector saw remarkable growth last year, driven by young affluent Indians with rising disposable income. More are demanding bigger homes and investing in high-end units, with the expectation of even greater returns. With an estimated combined spending power of over US$330 billion, millennials -- who make up 36% of India's population -- accounted for 54% of homebuyers in 2023. Priyata Brajabasi reports.

[aq]

Wow India! I love India from NYC 🇺🇲💝🇮🇳

[ELECTRONXX]

Country that dont even have 1/10th of india's GDP are lecturing us in the comment section😂😂😂

[mukeshKumar-pwoc]

So this is a propaganda channel now 😂 i see it

[-i]

They see me rollin...
They hatin'....
🤣lol look at the jealousy in comments section

[haha]

By looking at the comment section, I can definitely say

They see me rollin
They hatin

[philosopherfrombed]

4:28 Correction: Average annual income of Indians in 2024 is $2, 800 and not $1, 200.
Still I know it is less and more work is needed to be done in order to increase Indian economy so that per capita income also rises.

[rajeshn]

Life is so easier in Indian rural.cost of living is affordable. Happy to living in India with 3 fully furnished individual house and shops and commercial set up and agricultural land

[InsideMyWall]

in todays time, getting 1 lakh per month seems lower-middle income group given the high cost of living in tier-1 cities and the expenditures surrounding it.

[rajanishfalwaria]

India domestic consumption driven It is open & democratic secular pluarstic values nation....where every color, cast, creed religion, race, ethnicity people finds suitable opportunity....I have seen multiple reports, where its mentioned that by 2040 it will have GDP combined Europe....

[wisdomhighschool]

India's Nominal Per Capita is $ 2, 800 USD, How $ 10, 000 is 10 times India's Nominal Per Capita

[nageshdewangan]

I am working in premium aluminium window company....its true their is high demand on luxury systems ...I make 50 lack worth qoutation only for window 🥶

[worldstreetswithsourav]

False information .
Please research before presenting report. India’s per capita income is close to $ 3000 but you are reporting $ 1000.
You must research thoroughly before putting it on public domain.
A big thumbs down

[bikerman]

Stats are wrong, average income is 2500$+

[dicky-duck]

smells trouble, just like before the Asian financial crisis

[Me-wszt]

Skyscrapers is a big NO for me.
If i can afford a luxury house it will be a villa type on the Ground. 😁

[parthdeshmukh]

The hatred is benchmark of our success in comment section

Let those keyboard warriors cry😂.

[Kalinga_]

India's per capita income is $2600, not $1200.
It's not high but atleast don't be factually incorrect.

[rajeshn]

Bigger country always all type of climate, type of all soil, all type of mountain, all type of people. Life is our choice.

[-i]

P.s. it isn't and will never be a bubble
BECAUSE real estate in india is yours and yours only
Government doesn't come in between to take estate tax, georgism, and NO INHERITANCE TAX
your money will fade away
but your homes will always stay within the family

[pranjalgogoi]

India's per capita income 2600 US dollar