Non-resident Indians are increasingly investing in luxury homes in India, driven by geopolitical uncertainties, particularly the Iran war. This trend is observed across major cities like Mumbai, Bengaluru, and the National Capital Region, with developers noting a significant rise in NRI pre-sales. While some see it as a temporary shift, others believe India is becoming a stable, long-term investment destination for NRIs, especially those from West Asia.
'Earlier, such beliefs were primarily observed among older buyers, but now we see younger buyers showing interest in aligning purchases with numerological or astrological significance.'
High-end apartments, penthouses, and bungalows boasting amenities like swimming pools, expansive driveways, and premium interiors are becoming highly sought after.
Mumbai's coastal luxury residential redevelopment pipeline is valued at approximately 6,000 crore, with 75-80 projects expected to launch over the next eight to nine quarters, driven by improved infrastructure and demand for waterfront living.
Gurugram has overtaken Mumbai to become India's biggest luxury housing market in 2025, recording 24,120 crore in sales of homes priced above 10 crore.
More than 58% of individual housing loans disbursed in 2023-2024 were more than 25 lakh in size.
India-EU FTA opens a bigger European market for Indian carmakers while giving European brands greater access to India.
Icra predicts that the top seven Indian cities will see an 8-11 per cent year-on-year growth in housing sales value by FY27, reaching approximately 7.9 trillion, primarily driven by the ongoing trend of premiumisation and a favourable product mix.
Urban Indian millennials are caught in an algorithmically amplified consumption spiral where social media normalises spending patterns that systematically undermine retirement security.
For five Mumbaikars who were teenagers or in their 20s during the 1980s, the decade was not a sepia-toned Instagram filter. It was their everyday life, they tell Rediff's Rishika Shah. And while they remember its limitations, what they seem to miss most is something technology can't recreate -- the unhurried warmth of human connection.
Former IPL Commissioner Lalit Modi, who claims that there is no wrongdoing by him in the legal cases faced by him in India, has said that he was born with "a diamond spoon", has a kingsize lifestyle, travels everywhere and that "Rs 10-12 crore" may not last with him a week.
Gautam Gambhir, India's head coach, dismisses criticism over recent poor results, stating his sole focus is on winning trophies for the country.
List all unavoidable expenses such as rent, groceries, transportation, education and medical bills.
India's leading listed real estate developers are increasingly focusing on pan-India expansion, diversifying beyond their traditional home markets into high-demand residential areas like MMR, NCR, Bengaluru, Hyderabad, Pune, and Chennai to tap broader housing demand and reduce reliance on single-city market cycles.
Affordable homes, priced under Rs 40 lakh per unit, may not be attractive anymore, not just for developers but also for investors, with the segment seeing a 26 per cent price rise over three years since 2022 versus 40 per cent returns from luxury homes priced Rs 1.5 crore and above.
'The momentum is driven by rising affluence, strong demand from HNIs (high net worth individuals) and NRIs (non-resident Indians), an increased appetite for larger, well-located homes by branded developers, and support from the economy.'
From jacquard cashmere to artisanal alpaca blends, textiles as heirlooms or work of art are all the rage this celebration season.
Journalist Shakti Bhatt located former Union Carbide Chairman Warren Anderson's luxury home in New York, declared unknown by the American and Indian governments, in India Abroad, the newspaper owned by Rediff.com, back in September 2002. As a Bhopal court convicted eight people on Monday, June 7, for the worst-ever industrial disaster, we reproduce the global scoop
'The flip side of this is that he won't hesitate to call out India if he thinks its policies are hurting US economic interests or border US foreign policy goals.'
Rising income feels like success but unchecked lifestyle inflation traps urban professionals into financing a more expensive version of living paycheck-to-paycheck -- buying material upgrades instead of true future financial freedom.
Divya Nair shares the recipe for the perfectly-cooked salmon to be served with imperfect-looking mushroom pt and mashed potatoes, cooked with lots of love.
South India's manufacturing, construction, and services sectors are grappling with severe labour shortages, prompting employers to offer attractive incentives like free air tickets and salary increments to lure migrant workers back from their home states after recent assembly elections.
'Our biggest opportunity lies with the younger age-group teams.' 'If you look at the senior national team, our chances are about 50-50.' 'The gap becomes smaller as you move down the age groups.' 'At the Under-20 level, it's closer to 60-40.' 'By the Under-17 level, it's around 80-20. That's where I feel we have our best chance.'
Bhanu Iyer from Bengaluru tells us about the simple habits and values that helped her marriage celebrate 15 years.
Captain Hashmatullah Shahidi is the batting fulcrum around whom Afghanistan's Test ambitions revolve.
Despite international fame, she remained rooted in village traditions. Friends recalled that success never changed her lifestyle.
The Strait of Hormuz crisis is impacting lifestyles worldwide, from reduced gold purchases in India to energy conservation in Europe and Japan, as governments urge citizens to adapt to the global energy shock.
Modi's demonetisation move has hit the real estate market in Delhi and Mumbai
South Africa has established a strong advantage in the tournament by playing a majority of their matches at the Narendra Modi Stadium in Ahmedabad, turning the stadium into a fortress.
Gautam Gambhir, head coach of the Indian men's cricket team, opens the doors to his serene Delhi home, offering a rare glimpse into the personal space that anchors him beyond the game.
Travel is now the dominant spending category for India's affluent consumers, who are prioritising experiences and luxury goods over retail buying, according to a new report.
The world watches the Met Gala for the celebrities and the couture. But, for the last few years, one Indian brand from Kerala has quietly been creating the carpet that fashion's biggest stars pose on.
They have realised that there is a lot of money to be made from selling ultra-luxury villas at holiday destinations in India. The target customers will be high net worth individuals, since each of these villas is being branded as "second homes" and will be sold for upwards of Rs 2 crore (Rs 20 million).
"There is an India that is embracing global luxury symbols and another which, as it evolves, is comfortable owning its 'Indian-ness'. We're deeply rooted in India, yet global," say Nicobar Design founders Simran Lal and Raul Rai.
A viral Rs 2.5 lakh school trip to Japan has exposed the soaring, extraneous costs of modern Indian education. From textbook monopolies to elite excursions, these hidden fees create intense classroom peer pressure even as parents face a financial spiral. We ask you, Dear Reader, to share your experience with us.
'What exactly is on the prime minister's mind, we do not know. But it feels like the government wants the country to be prepared for unseen challenges ahead.'
Actor-politician Kangana Ranaut shared her experience during the 2008 Mumbai terror attacks, revealing that director Mahesh Bhatt was the first to alert her and her Bollywood peers while they were at a party.
According to multiple sources close to the development, Mercedes-Benz is already in talks with multiple developers in Gurugram for a luxury branded residence project.
New Zealand all-rounder Glenn Phillips acknowledges the challenge of competing with a cricket superpower like India, given the vast difference in population and talent pool, ahead of their T20 World Cup final.
This Mother's Day, Aditi Govitrikar, actor, supermodel, wellness expert and India's first Mrs World encourages all women to prioritise themselves and embrace self-care without guilt.
