Indian Branded Residences: A Lucrative Opportunity for International Business Growth

Indian Branded Residences: A Lucrative Opportunity for International Business Growth

By Nishang Narayan

Published on September 4, 2024

The global branded residences market is expanding at a notable pace of 12% annually, with its footprint extending across the USA, Thailand, UAE, Portugal, Greece, the UK, Brazil, Vietnam, and beyond. This surge is driven by a resurgence in luxury travel, an increasing desire to own lifestyle assets, and the perception of real estate as a safe haven. Factors like relocation and children’s education are also contributing to this growth. From the Waldorf Astoria in New York to the Standard Residence in Phuket and the Mayfair Park residence in London, branded residences are gracing affluent neighborhoods worldwide. India, too, has the potential to become one of the epicenters of branded residences.

According to a recent white paper by SKYE Hospitality, India could become an attractive destination for branded residences. While India already boasts a sizable supply of 2,900 units—accounting for approximately 10% of the global market supply—there is ample room for this niche, yet rapidly growing, luxury segment to flourish.

India has witnessed a significant increase in the number of affluent households. These modern HNIs (High Net Worth Individuals) and UHNIs (Ultra High Net Worth Individuals) are seeking exclusive spaces, top-tier amenities, and curated services, driving the demand for branded residences. A few years ago, features like in-home dining services, concierge services, exclusive wine cellars and cigar lounges, and wellness spas within residential projects seemed unimaginable. Today, thanks to branded homes, these offerings are gradually becoming mainstream.

Prominent brands, both within and outside of hospitality, have already ventured into this segment. Notable names include Yoo, Trump, Versace, IHCL, Leela, Four Seasons, Atmosphere Core, Marriott, and Oberoi.

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"Despite significant growth in branded residences in recent years, what we have observed is just the tip of the iceberg. India has tremendous untapped potential to capitalize on. Average HNI Indians are spending generously on aspirational lifestyles, which will unravel a big market for branded residences. Interestingly, the trend will no longer be limited to big metros but will also percolate to tourist destinations and Tier-2 cities," said Mr. Ankit Kansal, MD of SKYE Hospitality.

In addition to strong demand driven by the rise in affluent households, India also offers a significant cost advantage. According to SKYE's study, average prices for branded residences in London, Miami, and New York are approximately ₹39.5 crores, ₹20.3 crores, and ₹60.2 crores, respectively. Average ticket sizes in other emerging cities such as Dubai (₹13.5 crores), Athens (₹17.9 crores), and Phuket (₹10.5 crores) are also high. In contrast, the average ticket size of branded homes in India is around ₹9 crores, with opportunities in the lower bracket as well (₹6-7 crores).

"Rich Indians are key growth drivers in international property markets such as Dubai, Singapore, London, and Athens. Now, with exclusive spaces and aspirational living available in their own backyard, many will likely turn their attention inwards rather than looking across borders," added Mr. Ankit Kansal.


FIFA World Cup 2026: Spain Beat Argentina 1-0 to Lift Second World Cup Title

FIFA World Cup 2026: Spain Beat Argentina 1-0 to Lift Second World Cup Title

By Manu Vardhan Kannan

Published on July 21, 2026

Spain were crowned FIFA World Cup 2026 champions after defeating defending champions Argentina 1-0 in an intense final that was decided in extra time.

The match remained goalless through regulation time before Ferran Torres, who came on as a second-half substitute, scored the winner in the 106th minute. Latching onto a loose ball inside the penalty area, Torres fired a left-footed strike under the crossbar to hand Spain its second FIFA World Cup title, the first since its triumph in 2010.

"It was a goal scored by 47 million people," Torres said, referring to Spain's population.

Spain's breakthrough came after Argentina were reduced to 10 men late in regulation when Enzo Fernández was shown a red card following a reckless challenge. The dismissal shifted momentum in Spain's favour before Torres delivered the decisive moment in extra time.

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Spain's defence once again proved its strength, successfully protecting the narrow lead until the final whistle. The newly crowned champions conceded just one goal in eight matches throughout the tournament, setting a new record for the fewest goals conceded by a FIFA World Cup-winning team.

The victory also denied Lionel Messi a second consecutive World Cup title in what the Argentine captain had indicated would be his final appearance at the tournament.

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The trophy presentation brought together several dignitaries, including FIFA President Gianni Infantino, King Felipe VI of Spain, and US President Donald Trump, who presented the FIFA World Cup trophy to the Spanish team.

Before the trophy lift, Trump briefly greeted Spain captain Rodri, describing him as his favourite player before congratulating the team on its historic achievement.

As Spain celebrated lifting football's most prestigious prize, an emotional scene unfolded for Argentina. Led by Lionel Messi, the players collected their silver medals to a standing ovation from supporters inside the stadium. Fans applauded the team as the anthem "Muchachos" echoed around the venue, acknowledging Argentina's remarkable journey despite falling short in the final.

For Spain, the victory marks a return to the top of world football after 16 years, while Argentina's campaign ended with disappointment but earned admiration for reaching another FIFA World Cup final.


FIFA World Cup 2026: Spain and Argentina Set for Final as Air Quality Alert Hits New Jersey

FIFA World Cup 2026: Spain and Argentina Set for Final as Air Quality Alert Hits New Jersey

By Manu Vardhan Kannan

Published on July 18, 2026

 The countdown has begun for the FIFA World Cup 2026 final, with Spain set to face Argentina in one of the most anticipated matches of the tournament. While football fans from around the world are preparing for the title clash, concerns over deteriorating air quality have emerged across New York and New Jersey, where the final will be played.

Ahead of Sunday's final, France and England will compete in the third-place playoff at Hard Rock Stadium, Florida, before attention shifts to the championship match.

However, just days before the final, authorities issued an air quality alert for parts of New York and New Jersey after smoke from massive Canadian wildfires spread across the northeastern United States.

Smoke from hundreds of active wildfires in Canada has covered large parts of the country, stretching from the Midwest to the Northeast. Officials have advised residents and visitors to limit outdoor activities, remain indoors where possible and avoid prolonged exposure to the polluted air.

The FIFA World Cup 2026 final between Spain and Argentina is scheduled to take place on Sunday, July 19 (12:30 a.m. IST on July 20) at SoFi Stadium in East Rutherford, New Jersey.

The air quality concerns intensified as Spain's squad arrived in New Jersey on Wednesday night, following its semi-final victory over France in Texas.

Despite the environmental challenges, preparations for the World Cup final continue, with thousands of supporters expected to travel to New Jersey to witness the clash between the European champions and the defending world champions.

Authorities are expected to continue monitoring air quality levels closely in the lead-up to the final while advising residents, visitors and fans to follow public health guidelines if conditions worsen.


FIFA World Cup 2026: Argentina vs Spain Final to Keep Karnataka Hotels Open Till 3:30 a.m.

FIFA World Cup 2026: Argentina vs Spain Final to Keep Karnataka Hotels Open Till 3:30 a.m.

By Manu Vardhan Kannan

Published on July 17, 2026

The stage is set for the FIFA World Cup 2026 final, with defending champions Argentina set to take on Spain on Sunday, July 19, in what promises to be one of the tournament's biggest encounters.

Argentina booked its place in the final after a thrilling 2-1 victory over England in the semi-final. Enzo Fernández and Lautaro Martínez scored late to complete the comeback, while Lionel Messi played a key role by providing two assists. Spain, meanwhile, reached the summit clash after maintaining its impressive run throughout the tournament.

Ahead of the final, former England striker Robbie Fowler and Germany goalkeeping legend Oliver Kahn, speaking as ZEE5 experts, said Spain has been one of the standout teams at the World Cup. However, they also believe Argentina has the experience and quality to challenge the European champions if it can capitalise on the opportunities created.

With football fever building across the country, the Karnataka government has announced extended operating hours for hotels and restaurants in Bengaluru to allow fans to enjoy the late-night matches.

Following a representation from the National Restaurant Association of India (NRAI), the state government has permitted hotels and restaurants to remain open until 3:30 a.m. on July 14, July 15 and July 19, when key FIFA World Cup matches are scheduled to be played late at night in India due to time-zone differences.

Sharing the announcement, Karnataka Chief Minister D.K. Shivakumar said the decision was taken to ensure football enthusiasts can enjoy the matches without inconvenience.

The relaxation has been granted under the provisions of the Karnataka Police Act, allowing hotels and restaurants to continue serving guests until 3:30 a.m. on the notified dates.

Following the government's decision, Bengaluru City Police Commissioner Seemanth Kumar Singh issued the necessary orders permitting late-night screenings of FIFA World Cup matches and extending the operating hours of hotels and restaurants.

The move is expected to benefit Bengaluru's hospitality sector, with restaurants, cafés and hotels preparing to welcome football fans for the much-awaited Argentina vs Spain final on Sunday.

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