India's 3 Hottest Cities for Luxury Housing Investment

Adding to it, the growing demand for these properties is because of superior construction and timely possession. According to developers and realtors, the reason behind this interest is shift in traditional way of lifestyle that has changed drastically among young professionals and also quality amenities that these properties offer under single roof.

Moreover, the consumers of these super luxury properties are the buyers who are either long-term investors and do not hesitate to take risk while investing or the ones who are looking out for such properties to reside in. But, the key criteria to invest in such properties are the prominent builders, striking layouts and fine location. It has been observed that, in Delhi, people who are staying in plotted properties are now shifting to luxury apartments in Gurgaon and NRIs are the maximum of such kind.

The luxury property prices in the posh localities of South and Central Delhi, ranges between 7500 a square feet and 30,000 a square feet.

Also Read: Mumbai Retains Tag of 'Unaffordable Property Market'