December 19, 2023Business Desk

Affluent Indians swap skyscrapers for spacious villas

Affluent buyers in India prefer spacious villas over highrises for a superior lifestyle and personal land ownership, say experts.

Source: Pexels

Villas in gated communities are in high demand, driven by aspirations for more generous living space.

Source: Pexels

Modern villas, often spanning two stories, offer world-class amenities focused on wellness, leisure, and comfort.

Source: Pexels

Anarock data reveals that, of 328,400 units launched in top cities in 2023, 8,610 were luxurious villas, showing a gradual increase.

Source: Pexels

Villas are especially popular in Tier-II and Tier-III cities, with Bengaluru and Hyderabad leading due to a strong preference for land ownership.

Source: Pexels

This trend signals a shift towards a more luxurious living experience, where villas provide both seclusion and upscale amenities.

Source: Pexels