Ultra-luxury Homes in India: A Market Overview

In the past few years, it can be witnessed that there have been distinctive transformation marks in India’s real estate market. Ultra luxury homes in Kolkata have recently become one of the driving forces in residential sales. This is fueled by an increasing class of affluent people, changing lifestyle preferences, and a quest for living in ultra-luxury apartments. Let’s examine the emerging trends and statistics, along with the recently released ultra-luxurious housing data, focusing on high-rise apartments and the longest riverside projects in Kolkata.  

Increase in Ultra Luxury Homes in India 

As per the 2024 market research, the sales of ultra luxury homes in India have hit a high and have built 5 units across the major cities, totalling Rs. 4,754 crore. In this way, one can understand that an important milestone has taken place in luxury residential markets, focusing on presenting an enhanced lifestyle for people all over the country. 

In addition, the Indian Market for residential luxury real estate was valued at 36.73 billion dollars in 2024 and is slated to grow at an annual growth rate of 20.10 per cent for the upcoming decade. Such a change is a testament to the investment and demand that exists in this segment.

Kolkata as a Rising Hub for Ultra Luxury Homes 

Other metropolitan cities like Delhi and Mumbai have dominated the luxury housing market with traditional housing. But the situation is quite opposite in Kolkata, as it has become a hub for ultra-luxury homes and high-rise apartments. The longest riverside projects in Kolkata are offered by well-reputed real estate developers like The Royal Ganges by Srijan Realty. And in 2024, the city will see a remarkable rise in the residential market with more than 13,500 homes sold out. This data supports the argument that the real estate market in social hubs like Kolkata is on the rise, as well as the demand for luxury apartments and estates. 

The Royal Ganges – Best & Longest Riverside Projects in Kolkata 

The Royal Ganges by Srijan Realty stands out from other real estate developers as it has one of the longest riverside projects in Kolkata. It is not only the longest but also the best, as it offers an unparalleled experience of living in luxury apartments or Ganga-facing apartments for opulence and tranquillity. One of the key features, if you choose The Royal Ganges for your next dream house.

• You get to experience an expansive riverfront view from your balcony, which spans over 1.1 km and rejoice in nature’s beauty every day. 
• Be it ultra luxury apartments, duplexes, or luxury bungalows with riverfront advantage, where you can have your preference based on the requirements and family convenience. 
• Amenities are the most attractive part of these luxury homes, such as a 70,000 sq. ft. clubhouse, an infinity swimming pool, a kids’ swimming pool, a lush green landscaped garden, a private jetty, fast ferry services to Dalhousie within 35 minutes, along with automated security to ensure a holistic experience. 

Several factors have surged the demand for ultra luxury homes, such as the growth of the economy has led to the rise in high-net-worth individuals looking for luxury residential properties. The aspirations for a modernised lifestyle are present in such luxury homes that offer premium quality amenities with a prime location. 

Be it home buyers or real estate investors, such projects have high potential for attractive investment options, which will be profitable in the future. Another factor is that exposure to international standards has set a bar for living a luxurious life in luxurious apartments.  

Conclusion 

India’s super luxury homes continue the worldwide trend of shifting paradigms. Moving to cities like Kolkata, new luxurious developments mark a shift in modern architecture, offering distinction, class and comfort, while jewel estates bestow a neoteric lifestyle.

FAQs

How to define an ultra-luxury home in India?

The category can be set for a luxury home with the help of premium amenities and facilities, proper location, best connectivity, expansive spaces, and architectural designs, making these duplexes, ultra-luxury homes high in demand for potential home buyers and real estate investors.

Why is Kolkata considered to be favourable for having luxury housing? 

Kolkata remains a rich spot to have your dream house due to richness in culture, infrastructural development, and competitive pricing that becomes attractive for potential home buyers.

What are the amenities that one can expect in ultra-luxury homes? 

World-class amenities that you can experience while residing in ultra luxury homes are private elevators, automated home security, wellness and fitness centres, panoramic views and a private Ganga ghat. Visit the temple to spend a peaceful evening. And during weekends, you enjoy and relax in an Olympic-size swimming pool along with an aqua gym to make your weekend more aesthetic.