The increased exposure to global standards of living has drastically changed the way the Indian customer views luxury living.
With the increase in per capita income in urban spaces, the demand for luxury living spaces is also witnessing a noted increase. These homes tend to be in the plush locations of the city and attract the crème de la crème of society.
The expectations regarding luxury differ from person to person. With the increasing options in the luxury segment, the demands of the buyers are growing fast. Apart from exploring new locations, rooftops, advanced technological and security innovations, waste management, water utilisation, eco-friendly features, unique designs, dedicated dressing rooms, imported and hand painted art collections, exclusive libraries, community spaces like clubs, swimming pools, closed basketball courts and golf courses, the luxury segment is continuously evolving to reinvent itself. Due to the intense competition in the market, builders are trying to provide numerous luxury amenities and options to their customers.
Denne historien er fra October 1 - 15, 2018-utgaven av BUSINESS ECONOMICS.
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Denne historien er fra October 1 - 15, 2018-utgaven av BUSINESS ECONOMICS.
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Elections 2024: Illusion & Reality
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Macron speaks on Europe's economic fragility
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Indian industries stand to benefit in raising of tariff on Chinese imports to the US
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It is quite incredible to see things of interest happen with the blessings of the divine trio
Swamiji once said, “The wind of divine grace is always blowing. You just need to spread your sail.
The battle for sustainability: Earth Day's message of 'Planet vs. Plastics
World Earth Day, observed annually on April 22 worldwide, commemorates contemporary environmental advancements and promotes awareness of the imperative to conserve Earth and its resources.
Mother Teresa International Award 2024: Celebrating Humanity and Service
The Mother Teresa International Award, a prestigious honor recognizing individuals dedicated to serving humanity, will host its 2024 ceremony in Dubai, United Arab Emirates.
Can India get out of the middle income trap?
In the mid-1980s, international financial institutions moved away from calling their member countries as poor and rich countries, or as developed and less developed countries.
How is India's falling household savings rate worrisome for its development?
There has been a sharp reduction in the household net financial savings rate in 2022-23, leading to an overall decline in the financial savings rate.
