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Gautam Kanodia, the founder of the Kriva and Kanodia Group, carried forward its insight into the transformational real estate sector in NCR and the company’s plans.
Founder of Gautam Kanodia, Kriva and Kanodia Group.
The real estate market in Delhi-NCR, especially the luxury segment, is currently experiencing a remarkable increase with the demand for luxury residential assets, recently between the two end-users and investors. In an interview with News18.com, Founder of Gautam Kanodia, Kriva and Kanodia GroupThe transformational real estate in NCR leads its insight into the sector and the company’s plans. Edited Excerpt:
How will you assess the current status of real estate sector, especially in Delhi-NCR?
The Delhi-NCR real estate market, especially luxury segment, is currently experiencing a significant increase. The demand for luxury residential properties has increased, both are powered by end-users and investors who value well-located and well-appointed homes. The value is not an obstacle in the form of high end properties, especially the price of more than Rs 3 crore, is being sold within the days of their launch. This trend reflects a clear preference for strong confidence in the market and premium living space.
The flexibility of the luxury segment is more pronounced in continuous increase in property values, even the supply is constrained. Factors such as developing lifestyle aspirations, increasing disposable income, and post -furnished time -equipped home desire are running this growth. The top of the NCR market underlines its ability as a hub for luxury real estate investment, strengthening its position as one of the most dynamic regions in the region.
Which areas or markets do you see as the next hotspot for real estate investment?
While Gurugram has major hotspots established places like Sector 46 and Golf Course Road, many emerging areas in NCR are showing significant potential for real estate investment. Golf Course Extension Road and Southern Peripheral Road (SPR) are gaining rapid traction due to their improvement, strategic connectivity and availability of both residential and commercial development.
In Noida, areas such as Sector 150 and Noida Expressway are attracting attention, offering a mixture of modern features and future development prospects. Additionally, interest in the peripheral regions of South Delhi is also increasing, especially from those who want a mixture of strength and access.
These developed micro-markets are ready to become the next investment hub, operated by employed infrastructure, better connectivity and increasing demand for premium and middle-block housing.
What trends are giving shape to the future of real estate in India?
The Indian Real Estate Area is undergoing a significant change, which is in size of growing demand for emerging trends such as luxury homes, branded residences and global life experiences. In recent years, rich domestic buyers and NRIs have shown a clear priority for specificity, state -of -the -art facilities and curated lifestyle prasad. Branded residences, in particular, have obtained immense traction, as they look for HNIS and UHHNI not only a house but also a symbol of position and sophistication.
How is Kriva customized for these changes and your plans are moving forward?
We are embracing these trends to redefine luxury life. Our focus is on distributing houses that connect stability with stability. By incorporating energy-skilled designs, smart home technologies and wellness-centered places, we are fulfilling developed expectations of today’s elite customers.
As far as our expansion plans are concerned, we are already working on a project in Sector 46, Gurugram, which reflects our commitment to provide extraordinary houses in major places. Moving forward, we are planning to launch three more luxury housing projects in Delhi-NCR by the end of 2025. With targeted sales revenue of over 1,200–1,500 crore, these projects will focus on catering for the demands of high-net-priest individuals. Our strategy involves joining strategic locations within NCR that promises both high investment returns and an exaggerated living experience for our inhabitants. We especially faster Gurugram and select micro markets in Delhi, as they provide immense development ability.
What is your approach to Real Estate Sector 2025, especially in residential and luxury segments?
The approach to the real estate sector in 2025, especially in residential and luxury segments, is highly optimistic. The region is inspired by the strong demand for premium and individual living places, which is ready to continue its high-development trajectory. Luxury houses are expected to be in high demand in luxury houses in major places and emerging corridors of Delhi-NCR, developing lifestyle preferences and a growing hunger for unique buyers and uniqueness between NRIs.
Branded residents, which mix luxury with prestige and convenience, will dominate the segment as intelligent buyers seek places that reflect their position and lifestyle aspirations. The market will also show increasing emphasis on stability, welfare-focused designs and smart technologies.
