India enters Asia-Pacific’s top 10 branded residence markets

New Delhi: India found place among the most compelling long-term growth markets for branded residences, with the number of branded residential projects expected to rise by 126 per cent over the next six years, a report said. The report from Savills found rising domestic wealth, expanding metropolitan populations and growing appetite for branded living to shape India’s next phase of growth.

Unlike the predominantly resort-led growth across much of the Asia Pacific region, India’s branded residences expansion is expected to be increasingly driven by major urban centres. India and Thailand remain important contributors to Asia Pacific’s branded residential pipeline, with both countries featuring among the region’s top 10 markets by pipeline activity.