How Foreign Brands Are Making Way Into Indian Property Market
Branded residence as an asset class in India is in the evolving stage at present. Many industry experts believe that India's wealthy population has significantly grown and thus this niche market will continue to find takers in the coming years. Branded developments have an edge over other uber-luxury projects owing to their exquisiteness and luxe appeal - with inclusion of customised furniture and furnishing accessories, exclusive fabrics and the status value which comes along. In the latest news, Italian fashion company, Versace has tied up with Unity Group to launch a luxury project in Delhi after its stint in Mumbai.