KaarTech, a global AI-led enterprise transformation company, has been recognized among India’s Top 100 Best Companies to Work For 2026 in the Large Enterprises category by Great Place To Work India. This marks KaarTech’s sixth Great Place To Work recognition, reaffirming its sustained commitment to building a high-trust workplace where employees are empowered to innovate, grow, and create meaningful impact.

KaarTech leadership and team at the Great Place To Work® India felicitation

The recognition comes during a landmark year for KaarTech. Earlier this year, the company consummated Series B funding led by Playbook Partners, accelerating investments in AI innovation, data and analytics capabilities, global AI Labs, and enterprise platforms. As KaarTech enters its next phase of growth, it continues to strengthen investments in its people and workplace culture, reinforcing its belief that exceptional businesses are built by exceptional teams.

Home to more than 2500+ professionals representing over 15+ nationalities, KaarTech has cultivated a workplace where learning, ownership, and collaboration drive both individual growth and business success. Employees work on complex enterprise transformation programmes spanning AI, SAP, cloud, and data technologies while developing deep technical expertise and global consulting capabilities.

Recognizing that the future of enterprise transformation will be shaped by AI, KaarTech continues to invest significantly in preparing its workforce for emerging technologies. Employees have access to structured learning pathways across Anthropic Claude, Microsoft Copilot, SAP Joule, Google Cloud Platform (GCP), and Amazon Web Services (AWS), alongside technical certification programmes, mentorship opportunities, internal career mobility, employee wellbeing initiatives, and the KaarTech Global Leadership Program (KGLP), the company’s flagship leadership development initiative designed to nurture future leaders.

Commenting on the recognition, Maran Nagarajan, Founder & CEO, KaarTech, said, “At KaarTech, our growth has always been driven by one simple belief that great organizations are built by great people. As we continue to expand globally and shape the future of AI-led enterprise transformation, we remain committed to creating an environment where talent can thrive, ideas are encouraged, and innovation becomes a way of life. Being recognized among India’s Top 100 Best Companies to Work For is a proud milestone because it reflects the culture our people have built together over the years.”

Vignesh Ramesh Kumar, Chief HR Officer, KaarTech, added, “Being recognized among India’s Top 100 Best Companies to Work For is especially meaningful because it reflects the experiences and voices of our employees. At KaarTech, we strive to create an environment where people feel trusted, supported, and empowered to reach their full potential. Through continuous learning, meaningful career opportunities, and an inclusive workplace culture, we remain committed to helping every employee grow while contributing to our collective success.”

Today, KaarTech has successfully delivered more than 3,300 enterprise transformation projects for leading organizations worldwide and has been honoured with 23 SAP Quality Awards. With women comprising 34% of its workforce, a globally diverse talent base representing 15+ nationalities, and an industry-leading single-digit attrition rate, the company continues to demonstrate that investing in people is fundamental to delivering customer success and building an enduring organization.

The India’s Top 100 Best Companies to Work For 2026 recognition by Great Place To Work India is based on a comprehensive assessment of workplace culture and employee experience. It recognizes organizations that consistently build high-trust workplaces founded on credibility, respect, fairness, pride, camaraderie, and opportunities for employees to realize their full potential.

As KaarTech continues to scale its AI-led enterprise transformation business globally, the company remains committed to building an enduring institution where innovation is powered by technology and sustained by its people, enabling employees to grow alongside the company’s next phase of global growth.

WAE Limited, a sustainability-led water solutions company, has entered into an association with Indian Hotels Company Limited (IHCL) to support the deployment of environmentally responsible water infrastructure across select hospitality operations. The engagement includes a long-term supply arrangement for WAE’s glass bottling plants and water purification systems, designed to deliver premium drinking water solutions that align with the evolving sustainability priorities of the hospitality sector.

IHCL Entrusts WAE to Advance Carbon-Neutral Water Solutions Across Hospitality

Under the arrangement, WAE will provide glass bottling plant systems integrated with advanced water purification technology, delivering treated drinking water conforming to BIS 10500 specifications. The solution is intended to support IHCL’s broader commitment to responsible operations by enabling a shift away from single-use packaged water towards a more circular, in-house water management model.

At the centre of the partnership is a shared focus on rethinking how water is produced, served and experienced within hospitality environments. By combining on-site purification with reusable glass bottling, the WAE platform is designed to reduce packaging waste, limit the transport footprint associated with externally sourced bottled water, and strengthen control over water quality at the point of consumption. In doing so, it offers hotels a practical pathway towards lower-carbon water service systems—where sustainability is embedded not as an adjunct to guest experience, but as part of operational design itself.

Commenting on the association, Binita Singh, Head – Brand Advocacy, WAE Limited, said, “We are delighted to associate with IHCL, a company whose leadership in hospitality has long been complemented by a deep and visible commitment to sustainability. For us, this engagement reflects a common conviction that the future of premium hospitality will be shaped as much by operational responsibility as by service excellence. Through our glass bottling and purification solutions, we hope to contribute to a water ecosystem that is safer, more elegant in its design, and meaningfully lower in environmental impact.”

The WAE system has been developed for hospitality settings where guest experience, environmental stewardship and operational efficiency must coexist seamlessly. The integrated model enables purified water to be processed and bottled on-site in reusable glass formats, helping properties reduce reliance on conventional packaged water while advancing internal sustainability goals with greater transparency and traceability.

This association also reinforces WAE’s growing role as a sustainability partner to the hospitality industry, with solutions built around water quality assurance, circular packaging, resource efficiency and carbon reduction. Rather than treating water merely as a utility, WAE’s approach positions it as an essential part of the built sustainability architecture of modern hotels and resorts.

WAE’s sustainability credentials are further underpinned by its validation through EcoVadis, one of the world’s most respected business sustainability ratings platforms. The company has been assessed across key pillars including environment, ethics, labour and human rights, and sustainable procurement, reflecting its commitment to responsible business practices and transparent ESG performance.

As the hospitality sector continues to align luxury with accountability, WAE believes water systems will play an increasingly important role in shaping future-ready guest infrastructure. Through its association with IHCL, WAE aims to support this transition by delivering safe, premium, BIS-compliant and lower-carbon water solutions that reflect the next chapter of sustainable hospitality in India.

About WAE Limited
WAE Limited is an engineering and sustainability-focused water solutions company delivering advanced systems across water purification, treatment, dispensing and circular hydration infrastructure. Its solutions are designed to help organisations improve water quality, reduce environmental impact, and transition towards more responsible, resource-efficient operations. WAE works across hospitality, commercial and institutional environments with a focus on innovation, sustainability and measurable outcomes.

PanIIT Alumni India, the apex body representing the alumni of all 23 Indian Institutes of Technology (IITs), today announced two key additions to its national leadership team. Dr Amitabh Ranjan (Registrar IIPA) has been elected Vice Chairman, and Rajeev Singh (Chief General Manager, Engineers India LTD) has been elected General Secretary of the organisation for the 2026-28 term.
 

(From left) Rajeev Singh, General Secretary; Prabhat Kumar, IRS, Chairman; and Dr Amitabh Ranjan, Vice Chairman, all of PanIIT Alumni India
 

The two office bearers join Chairman Prabhat Kumar, IRS, and Treasurer Ashish Kela, CFA, on the Executive Council, which represents a community of over five lakh IIT alumni across India and around the world, including active chapters in the United States, Canada, the United Kingdom, Korea, Singapore, and Australia.
 

Dr. Amitabh Ranjan currently serves as Registrar at the Indian Institute of Public Administration (IIPA), New Delhi, one of the country’s premier institutions for the training and capacity-building of civil servants. A petroleum engineering graduate, he has previously served in leadership roles within the Government of Uttar Pradesh, where he was widely credited for spearheading the digitisation of the state’s Transport Department through the “Vahan“ (vehicle registration) and “Sarathi“ (driving licence) digital platforms, now used nationwide. He has been an active voice within the PanIIT ecosystem, frequently moderating and speaking at flagship PanIIT summits on themes ranging from public governance to India’s knowledge traditions, and brings with him a keen interest in the energy, renewable energy and climate domains.
 

Rajeev Singh has been a long-standing and active member of PanIIT Alumni India’s core team, having played a key role in organising several of the organisation’s flagship initiatives, events and community engagement programmes over the years. He takes charge as General Secretary at a time when PanIIT Alumni India continues to expand its footprint across India’s technology, entrepreneurship and public policy landscape.
 

Commenting on the new appointments, Prabhat Kumar, Chairman, PanIIT Alumni India, said, “Dr Amitabh Ranjan and Rajeev Singh bring with them years of dedicated engagement with the PanIIT movement. Their leadership will add further depth to our efforts in strengthening alumni collaboration, driving thought leadership, and contributing meaningfully to nation-building. We warmly welcome them to their new roles and look forward to their continued contribution.”
 

Speaking on his election, Dr Amitabh Ranjan, Vice Chairman, PanIIT Alumni India, said, “It is a privilege to take on this responsibility within an organisation that has consistently channelled the IIT community’s talent towards public good. I look forward to working with the Executive Council to deepen PanIIT’s engagement with public policy, governance and the larger national development agenda.”
 

Rajeev Singh, General Secretary, PanIIT Alumni India, added, “PanIIT has always been a platform built on the collective energy of its volunteers and alumni. As General Secretary, my focus will be on strengthening this ecosystem further and ensuring that our chapters, initiatives and members remain closely connected in pursuit of shared goals.”
 

PanIIT Alumni India serves as an umbrella organisation for the alumni of all IITs, promoting collaboration, thought leadership, and national service through a strong, unified network. Over the years, the movement has expanded significantly, organising flagship summits and initiatives across the country in the areas of technology, entrepreneurship, public policy and education. The newly strengthened Executive Council is expected to build on this momentum, fostering deeper alumni engagement, innovation-led partnerships and initiatives that contribute meaningfully to society and nation-building.

Celebrity Prime Hospitality, a pioneering multi-domain luxury conglomerate, is officially announcing the grand opening of its newest premium hospitality destination, opening on 15th July, 2026: Casa Hotel by Trunk and Trolley in HITEC City. 

Strategically positioned at the absolute epicenter of Hyderabad’s thriving tech corridor, this luxury hotel in Hyderabad is being meticulously engineered to cater to corporate leaders, international business travellers, and design connoisseurs who demand superior extended-stay experiences.

Trunk and Trolley Hotel, Hyderabad

The launch of the HITEC City branch represents a critical step in the group’s rapid hospitality footprint expansion, beautifully complementing its highly successful premier properties across Financial District, Madhapur, HITEC City, and Jubilee Hills with upcoming branches in Nanakramguda and Warangal. Every location within the Casa Hotel & Suites network is operating with a singular objective: blending the expansive comfort of residential-style grandeur with the flawless operational standards of an elite luxury hotel.

Signature USPs of Casa Hotel by Trunk and Trolley (HITEC City)

• Bespoke Extended-Stay Suites: Generously proportioned suites featuring elegant living areas, master-crafted workstations, and establishing a flawless “home-away-from-home” paradigm.

• Unmatched Location Context: Located directly inside Hyderabad’s primary Tech Hub, reducing commute times to an absolute minimum for visiting executives and multinational teams.

• Tech-Enabled Seamless Luxury: Smart automation suites, ultra-secure, hyper-speed connectivity, and rapid digital concierge services engineered for global corporate workflows.

• Wellness & Business Ecosystems: Executive lounges, sophisticated meeting pods, and fully equipped wellness facilities tailored for high-performance travellers.

By creating hyper-targeted connectivity across Financial District, Madhapur, HITEC City, and Jubilee Hills—along with an upcoming strategic regional hub in Nanakramguda and Warangal—Casa Hotels is ensuring that corporate entities enjoy unmatched continuity, service precision, and preferential luxury access wherever their businesses operate.

Elevating the Standard of Luxury Across India: The Celebrity Prime Hospitality Ecosystem

“True luxury isn’t just being built; it’s being curated.”

At Celebrity Prime Hospitality, we are transforming the landscape of real estate, boutique hospitality, premium events, and high-end interiors.

With a proud presence across Hyderabad, Bangalore, Goa, and Warangal, our multi-domain conglomerate is delivering end-to-end luxury ecosystems meticulously crafted for corporate leaders, international travellers, and design connoisseurs.

Our Signature Portfolio:

• Trunk & Trolley: Sophisticated, design-focused boutique hotels situated in Hyderabad’s corporate hubs (Gachibowli, Nanakramguda, Goa, and Bangalore).

• Casa Hotel by Trunk and Trolley: Premium, extended-stay luxury spaces located near vibrant business districts (Financial District, Madhapur, HITEC City, Warangal, Nanakramguda, and Jubilee Hills).

• Zen Convention: An ultra-premium event venue on Shankarpally Road, where important life moments are coming to life, setting the standard for everything from major corporate gatherings to deeply personal milestones like weddings and landmark anniversaries.

Whether you require executive stay solutions, an iconic event venue, or end-to-end luxury interior architecture, Celebrity Prime Hospitality is delivering unmatched excellence.

We are connecting to explore how we can be elevating your corporate hospitality needs or transforming your premium spaces.

Contact us today or visit our website to partner with us!

+91-7856473876 / 6546789876

info@celebrityprime.in | Visit Celebrity Prime Hospitality

Leegality has been engaged by Union Bank of India, one of India’s largest public sector banks, to implement its Consentin platform as part of the Bank’s DPDP compliance. The engagement marks one of the more significant DPDP compliance rollouts in India’s public sector banking space to date.

Union Bank of India Engages Leegality’s Consentin for DPDP Compliance

The DPDP Act (Digital Personal Data Protection Act, 2023) is a new data protection law that strictly regulates how businesses in India can collect, process and use customer data. The Act and accompanying rules have a compliance deadline of May 13, 2027. Every business that handles personal data in India will soon be required to implement systems for consent, data processing, and governance.

Banks handle large volumes of sensitive financial and personal data, making early action on the DPDP Act especially important for the sector. With the compliance deadline approaching, banks are increasingly expected to have their consent and data governance systems ready well ahead of time.

The engagement has already shown initial results, with Cookie Consent being successfully implemented on Union Bank of India’s Corporate Website. Cookies are small files stored by a visitor’s browser to remember preferences and track behaviour and under the DPDP Act, they can only be set after a visitor gives clear, informed consent. With the DPDP deadline approaching, businesses across India are now racing to ensure that cookie practices are compliant – making it an early and visible marker of a company’s broader compliance efforts.

The implementation of Consent Management and Data Discovery capabilities is currently underway across the Bank’s applications to support its broader data privacy and compliance initiatives. 

Consentin consolidates all of an enterprise’s DPDP needs – spanning consent management, privacy notices, data retention and withdrawal, cookie compliance, privacy assessments, third-party risk management, and regulatory breach reporting – into a single, easy-to-use platform. A unified dashboard gives compliance teams complete visibility into consent status and data flows across the organisation. It can be deployed on-prem or as a SaaS solution, depending on the enterprise’s infrastructure.

“We’re proud to be trusted by an institution of Union Bank of India’s scale with its DPDP compliance foundation,” said Shivam Singla, CEO, Leegality. “We believe their move will help set the pace for how the wider banking sector approaches privacy compliance.” 

About Consentin

Consentin is a DPDP compliance platform, developed by Leegality, built to meet the full spectrum of privacy compliance needs for Indian enterprises through one unified, secure platform.

Leegality is a document infrastructure platform that is used by more than 5000 Indian companies to build paperless workflows for agreements, forms and other legal documents. Every year, Leegality processes over 50 million eSigns and 3 million eStamps.

About Union Bank of India

Union Bank of India is one of the country’s leading public sector banks, headquartered in Mumbai and established on November 11, 1919. Today, Union Bank operates a network of 8,675+ domestic branches, 8,650+ ATMs, 73,600+ employees and 26,000+ BC Points with a total business of Rs. 23.85 Lakh Crore.

DrEducation Research today released its first data-rich, comprehensive report to help students, parents, and counsellors understand the fast-growing landscape of foreign university campuses in India and choose with clarity.

International University Campuses in India 2026 (Postgraduate Programmes): Classification based on DrEducation UniGrid™

The National Education Policy 2020, along with subsequent regulations from IFSCA in GIFT City and the UGC, permits foreign universities ranked in the world’s top 500 to open campuses in India. At least 20 such universities have signalled interest; this report takes a deep dive into the 13 already admitting students for the 2026–27 academic year: Aberdeen, Birkbeck, Bristol, Deakin, Illinois Tech, Liverpool, Queen’s Belfast, Southampton, UNSW, UWA, Victoria, Wollongong, and York. Based on an analysis of publicly available data from official university websites, the report finds that:

1. These 13 universities operate across just 5 Indian cities. UK universities dominate the group (7 of 13), followed by Australia (5) and the US (1).
2. Across 91 total programmes on offer for 2026–27, 53 are undergraduate and 38 are postgraduate.
3. The average annual tuition fee is Rs 13.3L for undergraduate programmes and Rs 17.2L for postgraduate programmes.

International university campuses offer an affordable pathway to earning a global degree in India. DrEducation Research compared average first-year undergraduate tuition fees at foreign universities in India against average first-year fees at a select set of Tier-1 private universities in India, and against fees for studying abroad at the same universities’ home/parent campuses. The analysis found that studying at an international campus costs more than twice (115%) as much as a Tier-1 private university, but only about a third (36%) of the cost of studying abroad at the home/parent campus.

The arrival of these foreign university campuses comes at a pivotal moment: tightening visa and immigration policies, combined with the rising cost of studying abroad due to currency depreciation, have dampened Indian students’ appetite for the traditional “big four” study destinations – the US, UK, Australia, and Canada.

Why Choosing an International Campus Is Hard Right Now

Dr. Rahul Choudaha, Managing Director of DrEducation Research and author of the report, explains, “For students and families, comparing and choosing among these international university campuses is a challenging task. There’s no standard way to evaluate them yet, and the information that is available is often incomplete, inconsistent, or one-sided. Things students care about most – like campus life, faculty, and scholarships – aren’t yet shared transparently or consistently this early on. And outcomes like job placements simply haven’t been tested yet, since most of these campuses are brand new.”

“As a result, prospective students and families are often left guessing – without a clear, objective way to judge which campus best fits their goals and budget. The DrEducation UniGrid™ closes that gap with a transparent, structured framework built specifically to help students, parents, and counsellors access a simple, visual way to see where each campus stands – without getting overwhelmed with scattered or inconsistent information – while also giving employers, universities, journalists, and policymakers a clear view of the scale, composition, and value of this emerging segment,” added Dr. Choudaha.

How UniGrid™ Classifies Universities on Academic Ranking and Tuition Fee

Using the proprietary framework of DrEducation UniGrid™, this report classifies and compares international university campuses operating in India. UniGrid™ plots universities on two axes – academic ranking and total tuition fee – and groups them into four easy-to-understand segments:

• MAXIMISER – better ranked, lower tuition fee

• PREMIER – better ranked, higher tuition fee

• ECONOMISER – lower ranked, lower tuition fee

• EXPLORER – lower ranked, higher tuition fee

International University Campuses in India 2026 (Undergraduate Programmes): Classification based on DrEducation UniGrid™

Alongside an interactive, visual dashboard on the DrEducation website, a best-fit quiz helps students identify what they prioritize among various factors – such as tuition fee, location, field of study, programme duration, and university ranking – and see which campuses match. This brief quiz provides a personalised set of international campuses that may fit a student’s needs.

The same data and analysis reported in this research could help new foreign universities considering campuses in India make data-informed decisions on key aspects of campus success, such as programme offerings, city selection, and tuition pricing.

About the Author

Dr. Rahul Choudaha is Managing Director of DrEducation Research and a globally recognised higher education expert. Before returning to India, he lived and worked in the US for 18 years, holding leadership roles at global organisations in the higher education sector. Dr. Choudaha holds a doctorate from the University of Denver. He has presented at nearly 200 conferences and has been quoted more than 300 times in leading media outlets, including BBC, Bloomberg, The Financial Times, The New York Times, The Wall Street Journal, The Times of India, The Economic Times, Business Standard, and Financial Express.

NIIT Foundation has earned the Great Place To Work® Certification in India for the June 2026 – June 2027 period, marking its third consecutive year of receiving this prestigious recognition. The certification reflects NIIT Foundation’s continued commitment to sustaining a workplace culture built on trust, collaboration, inclusivity, and a shared sense of purpose.
 

NIIT Foundation has been Great Place To Work® Certified for the third consecutive year, reaffirming its commitment to fostering a culture of trust, collaboration, inclusivity, and purpose
 

The certification is based on an independent assessment conducted by the Great Place To Work®, which captures employee’s experiences and perceptions of their workplace. This year, NIIT Foundation recorded an overall Trust Index Score of 86%, with 458 employees participating in the survey. The organisation also performed strongly across key workplace dimensions, including Corporate Image (89%), Pride (89%), Leadership Behaviour (88%), Communication (88%), and Justice (87%), reflecting the confidence employees have in the NIIT Foundation’s culture and leadership.
 

Commenting on the recognition, Sapna Moudgil, CEO, NIIT Foundation, said, “This certification is especially meaningful because it reflects the voices and experiences of our people. It is a recognition of the culture we have built together, one rooted in trust, collaboration, inclusivity, and a shared commitment to our purpose. As we continue to grow, we remain committed to fostering a workplace where every employee feels valued, respected, empowered to learn, and inspired to create meaningful social impact.”
 

The survey also highlighted several areas where NIIT Foundation scored above the Great Place To Work® benchmark. Employees appreciated the organization’s emphasis on professional development, fair and inclusive management practices, workplace safety, and its welcoming environment for new team members. Many also expressed pride in the NIIT Foundation’s contribution to society and the positive impact of its work, reinforcing the strong sense of purpose that defines the organization.

Established in 2004, NIIT Foundation works to bridge the digital divide by expanding access to education, digital literacy, employability, and skill development opportunities for underserved communities. Through partnerships with government agencies, corporate organizations, and civil society the NIIT Foundation delivers high-impact programs that empower individuals, strengthen communities, and stay true to its commitment of reaching the unreached.
 

The Great Place To Work® Certification is another milestone in NIIT Foundation’s journey of investing in its people while advancing its social mission. It reflects the NIIT Foundation’s ongoing efforts to foster a workplace where employees feel valued, supported, and inspired to contribute to meaningful and lasting change.
 

About NIIT Foundation

NIIT Foundation (NF) is a not-for-profit education society (NGO) established by the promoters of NIIT in 2004. The Foundation implements CSR programs for Corporates and Corporate Foundations and also builds strong partnerships with NGOs to drive sustainable and scalable development.
 

Its mission is to positively impact the underprivileged of the country through educational initiatives and skill development programs. NIIT Foundation has a mandate to reach the unreached, uncared and unattended to ensure inclusive development of India. With a strong pan-India footprint, NIIT Foundation reaches underserved communities across 28 states and 3 Union Territories.
 

Guided by its mandate to bridge the education and employability gap at the grassroots level, NIIT Foundation implements a wide range of programs and initiatives, including Career and Skill Development programs, Digital Literacy, Financial Literacy, Cyber Security, Community Awareness programs, the Digital Bus initiative, Hole-in-the-Wall Learning Stations, and AI-enabled programs in the IT–ITeS domain.
 

NIIT Foundation is a Great Place To Work® (GPTW) certified organization for three consecutive years and ISO 9001:2015 certified, reflecting its strong people-centric culture, robust governance, and commitment to quality and continuous improvement.
 

NIIT Foundation works on social development initiatives, including education, digital inclusion, and skilling for underserved communities. All programs and partnerships are undertaken solely by NIIT Foundation. Any reference to any other similarly named entity in relation to NIIT Foundation’s initiatives is incorrect unless explicitly specified.
 

To know more, please visit our website, www.niitfoundation.org, and follow us on our social media channels.
 

LinkedIn: www.linkedin.com/company/niitfoundation/?originalSubdomain=in 

Twitter: x.com/NIIT_Foundation 

YouTube: www.youtube.com/channel/UC0mLKG8oDG-sFWH2XhoDgMQ 

Facebook: www.facebook.com/NIITFoundation 

India’s luxury residential market is witnessing unprecedented momentum, driven by rising incomes, increasing wealth creation, and evolving buyer aspirations. Today’s affluent homebuyers are no longer investing in premium residences merely as status symbols. Instead, they are seeking homes that offer curated lifestyles, wellness, exclusivity, and long-term value. This shift is reflected in the growing demand for thoughtfully designed developments such as MRG Crown, where contemporary design, premium amenities, and strategic location come together to meet the expectations of discerning buyers.

Inside India’s Luxury Housing Boom: What the Wealthy Are Buying

The luxury residential sector has expanded significantly over the past few years. Alongside India’s robust economic growth, the increasing number of High Net Worth Individuals (HNIs) and Ultra High Net Worth Individuals (UHNIs) has fuelled demand for premium homes. Investors are also viewing luxury real estate as a resilient asset class that offers both capital appreciation and wealth preservation, signalling a clear shift in buyer preferences.

According to Mordor Intelligence, the Indian luxury housing market is expected to grow from USD 38.02 billion in 2024 to USD 101.92 billion by 2029, underscoring the sector’s immense growth potential. Recent market data also reflects this momentum. In the first quarter of 2024, nearly 28,020 new luxury homes were launched across India’s top cities. Luxury homes, typically priced above Rs 1.5 crore, accounted for around 21 percent of total residential sales, with approximately 27,070 units sold during the quarter. These numbers demonstrate the resilience of the premium housing segment despite global economic uncertainties.

What Affluent Buyers Are Looking For

The definition of luxury has evolved considerably. Buyers today expect far more than expansive floor plans or premium addresses. They are seeking integrated lifestyle experiences centred around wellness, sustainability, privacy, technology, and community living.

High-end apartments and condominiums continue to witness strong demand, with their share in quarterly sales rising from 5 percent in Q1 2022 to 11 percent in Q1 2024. Developments in prime locations offering world-class amenities, wellness facilities, green spaces, concierge services, and smart home features are increasingly preferred by affluent buyers.

Non-Resident Indians (NRIs) have also emerged as a significant force in India’s luxury housing market. Their investments in Indian real estate reached approximately USD 13.1 billion in 2023, and by 2025, NRIs are expected to account for nearly one-fourth of total real estate investments in the country. Their preference for branded, professionally managed, and future-ready residential developments continues to strengthen demand in the premium segment.

At the very top end of the market, ultra-luxury housing is witnessing remarkable growth. During the first eight months of 2024, 25 homes priced above Rs 40 crore were sold across India, generating sales worth Rs 2,443 crore. Mumbai accounted for 21 of these transactions, while Gurugram also emerged as a strong performer.

According to Anarock, properties priced above Rs 40 crore registered a 2 percent appreciation, while homes valued above Rs 100 crore recorded a 14 percent increase in prices. This reflects the growing appetite among India’s wealthiest buyers for exclusive, limited-edition residences that combine prestige with long-term investment potential.

Beyond primary residences, holiday homes, farmhouses, and luxury villas are becoming increasingly attractive. Approximately one-fourth of luxury buyers are investing in holiday homes, while nearly one-fifth prefer farmhouses, driven by the desire for spacious living, flexible work environments, and diversified real estate portfolios.

Emerging Luxury Investment Destinations

India’s luxury housing growth story is no longer confined to a single city. Multiple destinations are attracting affluent buyers based on economic activity, infrastructure development, and lifestyle offerings.

Gurugram has firmly established itself as one of India’s most dynamic luxury real estate destinations. Strong corporate demand, world-class infrastructure, excellent connectivity, and a growing inventory of premium developments have propelled the city to the forefront of luxury housing. The city also witnessed landmark ultra-luxury transactions during 2024, including a residential deal valued at nearly Rs 95 crore.

Within this landscape, projects such as MRG Crown reflect the changing expectations of luxury homebuyers by focusing on quality construction, thoughtfully designed living spaces, premium amenities, and an elevated lifestyle experience that extends beyond the home itself.

Mumbai continues to dominate India’s luxury housing market, accounting for nearly half of the country’s luxury inventory. Prestigious neighbourhoods such as Altamount Road and Bandra remain preferred destinations for high-value residential investments. Hyderabad is also emerging as a strong luxury market, particularly in locations such as Jubilee Hills and Banjara Hills. Meanwhile, Goa and Alibaug continue to attract affluent buyers looking for luxury villas and second homes that combine lifestyle aspirations with long-term appreciation potential.

The Road Ahead

India’s luxury housing market is entering a new phase of sustained growth. Rising disposable incomes, expanding entrepreneurial wealth, favourable demographics, infrastructure-led development, and increasing global confidence in India’s economy are creating strong fundamentals for long-term expansion.

Luxury homes today are no longer viewed solely as symbols of success. They have become strategic assets that offer financial security, lifestyle enhancement, and legacy creation. As buyer expectations continue to evolve, developers who focus on design excellence, wellness, sustainability, and customer experience will shape the next chapter of India’s premium housing story.

For projects like MRG Crown, this transformation presents an opportunity to deliver not just premium residences, but thoughtfully curated living environments that align with the aspirations of India’s new generation of affluent homebuyers. As cities such as Gurugram, Mumbai, and Hyderabad continue to lead this growth, India’s luxury real estate sector is well positioned to remain one of the country’s most attractive long-term investment destinations.