Luxury Houses in High Demand Among Buyers
Luxury housing demand has been evolving constantly in the Indian market. The emergence of a new affluent class, consisting of entrepreneurs and rich non-resident Indians has made the luxury segment business highly profitable for real-estate developers. According to a new report by RNCOS “Indian Housing Sector Forecast to 2015”, the luxury housing units are increasing in the market as launching a luxury housing project is highly profitable for real-estate developers as the profit margin in these projects are considerably high.
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