Noida-based realty major announces Rs 1,000 crore investment to tap luxury housing market
Priya Singh | 2023-09-14
According to a PTI report, the luxury housing segment has witnessed a strong demand with sales of homes priced at Rs 4 crore and above touching 3,100 units during the April-June period across seven major cities of the country
The ultra-luxury housing is in high demand and Delhi-NCR has emerged as one of the top locations for this trend. Post-pandemic, the luxury housing market has acquired a strong foothold, thanks to the rising disposable incomes accompanied by a desire for better living.
To tap the luxury housing market, Noida-based real estate player Galaxy Group along with Sawasdee Group has announced to invest Rs 1,000 crore to develop an ultra-luxurious residential project in South Delhi.
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