Is India Really 6th in the World for Live Branded Residence Projects?
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Synopsis
India’s rise in the global branded residences market is remarkable, securing the 6th position in live projects while contributing 4% to global supply. With nearly 86,000 ultra-rich individuals, the demand for luxury living is soaring, signaling a bright future for the sector.
Key Takeaways
- India ranks 6th worldwide in live branded residence projects.
- Contributes 4% to global branded residence supply.
- Projected to have 85,698 ultra-wealthy individuals by 2024.
- Leading cities include Mumbai, Delhi-NCR, Bengaluru, and Pune.
- Emerging destinations are Goa and Uttarakhand.
Mumbai, Oct 14 (NationPress) India is increasingly establishing its presence in the global branded residences sector, securing the 6th position internationally for live projects and contributing 4 percent to the overall supply of branded residences, according to a report released on Tuesday.
The nation also holds the 10th rank globally in terms of the upcoming pipeline of branded residential projects, contributing 2 percent of future supply.
"India’s ranking underscores its emerging, though still developing, role in this market compared to global frontrunners such as the USA, UAE, and UK. Notably, the country's growing wealth is driving future demand," stated Knight Frank in the report.
By 2024, India is projected to host nearly 85,698 individuals with a net worth exceeding $10 million, accounting for 3.7 percent of the global high-net-worth population.
This burgeoning affluent demographic is propelling the demand for branded residences that combine international brand prestige with culturally relevant design and top-tier amenities.
"While still in its infancy, India's branded residence sector is quickly making a name for itself on the global stage. Holding the 6th position worldwide for live projects and supported by a rapidly growing base of nearly 86,000 ultra-wealthy individuals, India represents a significant source of future demand for branded living," remarked Shishir Baijal, Chairman and Managing Director of Knight Frank India.
What distinguishes this market is the unique fusion of international brand prestige with culturally sensitive design and services, appealing to buyers who prioritize exclusivity, security, and a genuinely global lifestyle, Baijal added.
Mumbai, Delhi-NCR, Bengaluru, and Pune are at the forefront of India’s branded residence market, while Goa and Uttarakhand are emerging as key lifestyle and secondary home destinations.
The report indicates that the nation’s rapidly evolving real estate landscape, combined with robust luxury demand, positions India as one of the fastest-growing markets for branded developments in the Asia-Pacific region.
From iconic high-rise buildings in Mumbai and NCR to scenic leisure hubs like Goa and Uttarakhand, branded residences are poised to redefine luxury living in India, Baijal noted.
The report was compiled based on a survey of 83 countries.
Point of View
I believe this report highlights India's evolving role in the branded residences market. A growing affluent class is driving demand, and with the right strategies, India can compete with established global players in luxury real estate.
NationPress
14/10/2025
Frequently Asked Questions
What is the significance of India's ranking in branded residences?
India's ranking as 6th in the world for live branded residence projects showcases its growing influence in a lucrative market, driven by a rising number of ultra-wealthy individuals seeking luxury living.
Which cities in India are leading in branded residences?
Mumbai, Delhi-NCR, Bengaluru, and Pune are the leading cities in India's branded residence sector, with Goa and Uttarakhand emerging as popular lifestyle and second-home destinations.
How many high-net-worth individuals reside in India?
By 2024, India is expected to have nearly 85,698 individuals with a net worth of over $10 million, representing a significant portion of the global high-net-worth population.
What factors are driving demand for branded residences in India?
The growing affluent population and the demand for luxury amenities that combine global brand prestige with local cultural elements are key factors driving the need for branded residences in India.
How does India compare to other countries in this market?
Though still developing its branded residence sector, India is establishing itself as a significant player in the Asia-Pacific region, especially when compared to global leaders like the USA, UAE, and UK.
