The global pandemic has changed the buying behaviour of the people. There is an increased importance being laid on owning a home and homeowners are looking for spacious home that have all the modern day amenities. In the past, working folk preferred to stay closer to their workplace, even if that meant living in cramped up spaces with few amenities.
Quality of life has become one of the essential criteria to base real estate decisions on today. This change in mindset has resulted in unprecedented growth in the luxury real estate. As per various reports, the luxury real estate segment in India grew by 21% in February 2021.