New Delhi, a city long defined by sprawling independent floors and bungalows, is undergoing a dramatic transformation. The capital’s skyline is being reshaped by luxury high-rise condominiums, reflecting a paradigm shift in urban living and real estate trends. This vertical revolution, spurred by a post-COVID surge in demand, has seen the city embrace integrated housing solutions that combine modern luxury with community living.
A recent report by JLL highlights this trend, revealing that in the first half of 2024, 19% of all homes sold in the Delhi-NCR region were in the luxury segment. Developers have been quick to respond to this demand, with new projects setting unprecedented benchmarks for comfort, privacy, and convenience.
Projects like DLF ONE Midtown, located in Moti Nagar, have emerged as symbols of this change. The success of such developments reflects a broader trend, with high-rise projects reshaping Delhi’s urban landscape across various neighbourhoods.
In Central Delhi, The Amaryllis by the Unity Group offers a prime location near Connaught Place, featuring unique amenities such as a skywalk and a state-of-the-art clubhouse. South Delhi’s Risland Sky Mansion in Chhatarpur provides ultra-luxury residences with panoramic views of the Aravalli Greens, catering to discerning buyers. Similarly, The Leela Sky Villas in Patel Nagar has set new standards with private pools, rooftop restaurants, and five-star services managed by The Leela Hotels.
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Speaking on the transformation, Aakash Ohri, JMD and Chief Business Officer of DLF Ltd, said that Delhi’s real estate market is evolving in response to changing buyer preferences. “Delhi’s real estate market is experiencing a notable evolution, propelled by an increasing demand for upscale high-rise condominiums. This change signifies a burgeoning inclination among homebuyers towards integrated living environments that emphasize comfort, privacy, and security. ONE Midtown, located in West Delhi, stands as a landmark in this evolving market, redefining urban luxury with its expansive greenery, thoughtfully-designed residences, and a state-of-the-art clubhouse—the first of its kind in the capital.”
DLF ONE Midtown is DLF’s latest luxury offering in the capital city, comprising four residential towers with over 900 apartments. Another prominent player, TARC Limited have set up projects like TARC Kailasa on Patel Road and TARC Tripundra on Main Bijwasan Road.
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