From lifestyle purchase to wealth strategy, here’s why India’s luxury housing is shifting | Business
New Delhi: Something fundamental has changed in how wealth chooses its address. Buyers who once limited their search to established addresses are increasingly willing to look beyond them if a newer corridor promises stronger connectivity, better urban planning and the prospect of sustained value creation. In many cases, families are monetising ageing independent homes or inherited properties in older neighbourhoods to consolidate their wealth into projects that better suit contemporary aspirations. Industry reports point in the same direction. Knight Frank's Wealth Report projects that India will remain among the world's fastest-growing wealth markets over the coming years, while ANAROCK has…