From Bungalows to High-Rises: The new face of Delhi’s luxury real estate

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.

Also Read: Taking a joint home loan? Consider these things first

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.

 » Read More

Related Articles

RBI announces additional authentication layer for online international digital payments

Newly appointed RBI Governor Sanjay Malhotra on Friday announced a 25-bps repo rate cut, giving much-needed relief to home and other loan borrowers who have long been waiting for their respective banks to slash rates. It, however, has to be seen how banks respond to RBI rate cut and whether they pass on this benefit

RBI Cuts Repo Rate by 25 bps: What should homebuyers do now?

In a widely-anticipated move, the Reserve Bank of India (RBI) has announced a 25-basis point (bps) reduction in the repo rate, marking a significant step to ease borrowing costs and stimulate economic growth. The decision, unveiled by RBI Governor Sanjay Malhotra on Friday, February 7, follows extensive deliberations by the Monetary Policy Committee (MPC). The

Amul to invest Rs 600 crore in Kolkata

Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), known for its iconic Amul brand, has committed to investing Rs 600 crore to establish a state-of-the-art integrated dairy plant in Kolkata, West Bengal.  The plant will feature the world’s largest curd manufacturing facility with a production capacity of 10 lakh kilograms per day. This announcement was made

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

RBI announces additional authentication layer for online international digital payments

Newly appointed RBI Governor Sanjay Malhotra on Friday announced a 25-bps repo rate cut, giving much-needed relief to home and other loan borrowers who have long been waiting for their respective banks to slash rates. It, however, has to be seen how banks respond to RBI rate cut and whether they pass on this benefit

RBI Cuts Repo Rate by 25 bps: What should homebuyers do now?

In a widely-anticipated move, the Reserve Bank of India (RBI) has announced a 25-basis point (bps) reduction in the repo rate, marking a significant step to ease borrowing costs and stimulate economic growth. The decision, unveiled by RBI Governor Sanjay Malhotra on Friday, February 7, follows extensive deliberations by the Monetary Policy Committee (MPC). The

Amul to invest Rs 600 crore in Kolkata

Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), known for its iconic Amul brand, has committed to investing Rs 600 crore to establish a state-of-the-art integrated dairy plant in Kolkata, West Bengal.  The plant will feature the world’s largest curd manufacturing facility with a production capacity of 10 lakh kilograms per day. This announcement was made

Petrol, Diesel Price Today 7 February 2025 in New Delhi, Lucknow, Mumbai, Rajkot and Jaipur

Petrol, Diesel Price Today 7 February 2025: Oil prices saw a bit surge in early Asian trading on Friday but continued on the path of a third consecutive weekly drop. The reason behind the drop was because of US President Donald Trump’s latest trade tensions with China and potential tariff hikes on other nations. As

Bharti Airtel surges 4% after Q3 results. Here’s what brokerages are saying…

Bharti Airtel’s share price has surged over 4% in the early trading hours after the telecom giant reported a strong earnings, with a net profit of Rs 16,134.6 crore in Q3FY25. As of 10:20 AM IST, Bharti Airtel’s share price was Rs 1,699.50, up 4.92% or 79.75 points today. The market capitalisation of the company