Residential complexes in India

Residential projects in India

The property market in residence complexes in India offers apartments and houses. Many new projects are being implemented in the country, which are not inferior to those of the world's cities in their design, construction quality, and functional content.

The main types of property in new residential projects in India are:

• Flats. Flats are the most common property type, especially in Mumbai and Delhi. This category has various configurations, ranging from studio flats to 5–6-bedroom flats. Units can be budget-friendly or premium, with modern amenities and high-end finishes.
• Villas are detached houses with adjoining grounds. They are usually large and offer spacious layouts. Villas can be either classic or modern, with gardens, swimming pools, and other amenities.
• Cottages in Club Villages. This category includes houses or townhouses located on a single closed territory. Such settlements usually belong to premium-class projects and offer high comfort and privacy.

Development projects in India offer a wide range of additional amenities, such as:

• Security and CCTV to ensure the safety of the residents.
• Swimming pools and sports grounds for an active lifestyle.
• Gardens and recreational areas for relaxation.
• Fitness centres and spas for health and wellbeing.
• Children's playgrounds and clubs.

The most popular cities to buy a home in new buildings in India are:

• Delhi is the capital of India and one of the largest cities in the country. Property in Delhi features residential complexes of different types and price categories. These are primarily flats, but there are also some villas in Delhi.
• Mumbai. The financial capital and one of the most expensive cities for buying property. Here, you can find both elite residential complexes and more affordable options.
• Bangalore is the technological centre of the country, known for its IT companies. Here, modern residential complexes with amenities are easy to find.
• Chennai. The cultural capital of the southern part of the country. Both budget-friendly and luxury residential projects are available for purchase.
• Kolkata. The cultural and historical centre of the eastern region. There are various types of property here, from traditional to modern.

To buy a property in new residence complexes in India, an investor needs to live in the country for at least 183 days a year and have a visa other than a tourist visa. Permission from the government must also be obtained. Contact our experts to know more about how to make a purchase.

Properties for sale by developers in India for investment

Preliminary data released by the Reserve Bank of India (RBI) for August 2024 shows a 3.30% year-on-year growth in the real estate sector. During the quarter, the value index increased by 1.82% (or 0.95% inflation-adjusted). Experts predict prices will rise by around 6% this year and next year.

The observed upward trend in home values is primarily driven by a frenzy of demand, reflected in a 10.6% year-on-year increase in property sales in the country's eight major markets for Q1 2024. Out of over 173,000 transactions, Mumbai accounted for the largest share (27%), followed by the National Capital Region (including houses and apartments in Delhi) (17%) and Bangalore (16%). Residential units priced above IDR 10 million ($119,900) rose 51% year-on-year and accounted for 41% of total sales in major markets, indicating a shift in demand towards more expensive, premium properties.

In response to rising demand, developer activity in the residential market increased by 5.79% year-on-year. Mumbai led the way regarding new project launches, with a 26% share, Delhi (17%), and Bangalore (14%).

Real estate in residential complexes in India

There are many old-fashioned projects available in the country, but buying a home in a new complex has more advantages:

1. Higher class and comfort. New projects align with modern ideas of comfort and usually offer more space inside the dwelling and on the compound.
2. Aesthetics, design, and beautiful views. New projects more often include flats with stylish designs created with high-quality materials. Residential complexes are built in large areas, unlike the old Indian houses that were built close to each other.
3. Developed infrastructure. New buildings have their environment for recreation, and modern projects are usually implemented in places with good transport accessibility, near shops, schools, and medical centres.
4. Prospects for value growth. New complexes are valued higher, and investors can count on a more substantial income.

Our website features a catalogue for selecting property development in India at developers' prices. We offer to purchase only properties from reliable companies, guaranteeing the safety of the transaction and convenience of choice.