According to luxury resort developer Fine Acers 2025, the market for branded residences and resorts in India is expected to reach ₹8,610 crore (US$ 1 billion) by 

This question was previously asked in
RRB NTPC Graduate Level CBT-I Official Paper (Held On: 06 Jun, 2025 Shift 1)
View all RRB NTPC Papers >
  1. 2027
  2. 2029
  3. 2028
  4. 2026

Answer (Detailed Solution Below)

Option 1 : 2027
Free
RRB NTPC Graduate Level Full Test - 01
100 Qs. 100 Marks 90 Mins

Detailed Solution

Download Solution PDF

The correct answer is 2027.

Key Points

  • According to Fine Acres 2025, the market for branded residences and resorts in India is expected to grow significantly and reach ₹8,610 crore (US$ 1 billion) by 2027.
  • The growth is driven by increasing demand for luxury living spaces and the evolving preferences of high-net-worth individuals (HNIs) in India.
  • Branded residences combine premium residential spaces with world-class hospitality, offering exclusive amenities and services.
  • Major cities like Mumbai, Delhi, Bengaluru, and Goa are key hubs for branded residences and luxury resorts.
  • The market growth aligns with the overall trend of increasing investments in real estate and luxury properties in India.

Additional Information

  • Branded Residences:
    • These are luxury residential properties developed in collaboration with globally recognized hospitality or lifestyle brands.
    • They often include exclusive features such as concierge services, spa facilities, and fine dining options.
    • Branded residences are popular among affluent buyers seeking both investment opportunities and premium living experiences.
  • Luxury Real Estate Market in India:
    • India’s luxury real estate market is expanding due to rising disposable incomes and the growing aspirations of its affluent population.
    • Developers are increasingly focusing on integrating sustainability and smart home technologies into luxury properties.
    • High-end real estate projects often attract foreign investors and NRIs (Non-Resident Indians).
  • Key Drivers of Growth:
    • Urbanization and globalization have contributed to the demand for international standards in residential spaces.
    • India’s rapid economic growth and increasing wealth accumulation among the upper-middle class are critical factors.
    • The shift from traditional housing to lifestyle-oriented spaces, including branded residences, has gained momentum.
  • Challenges in the Sector:
    • High property costs and economic fluctuations can impact the luxury real estate market.
    • Regulatory hurdles and delays in project approvals may pose challenges to developers.
    • Ensuring consistent quality and service standards is crucial for maintaining brand reputation.

Latest RRB NTPC Updates

Last updated on Jul 19, 2025

-> RRB NTPC Under Graduate Exam Date 2025 has been released on the official website of the Railway Recruitment Board.

-> The RRB NTPC Admit Card will be released on its official website for RRB NTPC Under Graduate Exam 2025.

-> CSIR NET City Intimation Slip 2025 Out @csirnet.nta.ac.in

-> HSSC CET Admit Card 2025 has been released @hssc.gov.in

-> Candidates who will appear for the RRB NTPC Exam can check their RRB NTPC Time Table 2025 from here. 

-> The RRB NTPC 2025 Notification released for a total of 11558 vacancies. A total of 3445 Vacancies have been announced for Undergraduate posts like Commercial Cum Ticket Clerk, Accounts Clerk Cum Typist, Junior Clerk cum Typist & Trains Clerk.

-> A total of 8114 vacancies are announced for Graduate-level posts in the Non-Technical Popular Categories (NTPC) such as Junior Clerk cum Typist, Accounts Clerk cum Typist, Station Master, etc.

-> Prepare for the exam using RRB NTPC Previous Year Papers.

-> Get detailed subject-wise UGC NET Exam Analysis 2025 and UGC NET Question Paper 2025 for shift 1 (25 June) here

->Bihar Police Driver Vacancy 2025 has been released @csbc.bihar.gov.in.

More Business and Economy Questions

Hot Links: teen patti rummy teen patti yes teen patti all game teen patti real money app teen patti