The Hindu Business Line-Biz families of Tier-II cities drive-up ultra luxury residential demand in North & West India
Ultra-luxury residential projects in Gurgaon and premium plotted developments of North and West India - are witnessing active buyer interest from business families or promoter groups based out of Tier-II towns, which include Bhubaneswar, Kanpur, Ayodhya, Darjeeling, among others.
For instance, ‘The Dahlias’ – realty major DLF’s upcoming super-luxury residential project in Gurgaon with units priced upwards of ₹80 crore – is witnessing active buyer interest from some of these Tier-II city-based business families.
Similarly, the House of Abhinandan Lodha, known for their plotted development projects (bungalows and villas), has seen interest from businessmen based out of Darjeeling to invest in projects at Anjarle, the Konkan belt in Maharashtra.
