Synopsis
The increase in the purchasing power of the NRIs coupled with a spike in the exchange rate of the US dollar will continue to encourage the sale of luxury realty, developers said.
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Buyers of luxury and super luxury homes are now also looking at properties that offer a wide range of facilities.
New Delhi: Demand for luxury and super luxury homes has risen as many high networth individuals (HNIs) and ultra HNIs are either upgrading or buying bigger houses taking advantage of the lower prices due to the pandemic, realty developers and brokerage firms said.
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