Luxury real estate in India is changing as high-net-worth people (HNIs) seek lifestyle experiences rather than simply properties. Indian billionaires are upgrading to ultra-luxurious living quarters that showcase grandeur, modern technology, and personal taste as their expectations rise.

K Raheja Corp is redeveloping Mumbai's first mall, Sobo Central Mall, into a premium residential tower. It encompasses 1.3 acres in South Mumbai's premium Haji Ali neighbourhood and was launched in the late 1990s as Crossroads. A 50-story sea view skyscraper with almost 250,000 sq ft of development.

TVS Motor Company paid INR 65 crore for a residential property in Bengaluru, making it the most expensive residential property transaction in Bengaluru.

Rakesh Jhunjhunwala, Indian Billionaire Investor, wants Indian real estate developers to concentrate on the affordable housing sector