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YOUNG AFFLUENT BUYERS
FIFA 2026: Fewer Indians likely to travel to US World Cup amid rising costsThe World Cup expands with more teams and games. This raises questions about quality and player fatigue. FIFA believes this growth makes th...- Luxury car sales in India set to double by 2030, says BMWIndia's luxury car market is set to double its share by 2030. Young, wealthy, and aspirational buyers are fueling this growth. BMW sees str...
- Bengaluru emerges as the most uniform property market: ReportA new 3BHK in India's top five metros costs Rs 2.7 crore, requiring 12 years of average income to purchase. Despite rising demand for spaci...
- Clean air, open land redraw luxury housing demand in IndiaWealthy Indians are buying their second homes outside cities. Clean air and less crowded living are now priorities. Destinations like Goa a...
- India's luxury watch market set to grow 11-12% annually as affluence rises: ReportIndia's luxury watch market is projected for robust annual growth of 11-12%, fueled by an expanding affluent population and rising wealth a...
- Indian consumer market sees significant drop in average buyer age across cars, smartphones, and TVsOver the past 5-6 years, the average age of Indian consumers purchasing cars, premium smartphones, and large televisions has decreased sign...
- Millennials and young professionals rewriting realty show scriptDevelopers like Isprava Group and House of Abhinandan Loha are witnessing a surge in interest from millennials in Mumbai, Bengaluru, Pune, ...
- Luxury buyers move from diesel to electricThe share of diesel in total sales of luxury vehicles in the local market declined to 35% last year, from about 80% five years, even as buy...
- Sunroof Surge: India's buyers drive demand, prompting carmakers to elevate the roof gameOnce considered a luxury feature, currently more than one out of every four cars sold in the local market is equipped with a sunroof, up fr...
- EMI deals make the drive to luxury cars smootherLuxury car makers see a structural change in consumption pattern, with growing preference for premium vehicles and emergence of a younger c...
- Young homebuyers take refuge in China's rust-belt townsFang, 29, is part of a wave of young Chinese choosing to invest in dirt-cheap real estate in declining and remote industrial regions, ditch...
- Shifting from We to Me: Shopping becomes more individualistic across urban IndiaDepartment store chain Shoppers Stop's MD Venugopal Nair told analysts last week that there has been a decline in the number of people shop...
- Over 75% HNIs expect real estate to do well even during inflation: SurveyReal estate continues to remain an attractive investment option with 61% of HNIs and UHNIs looking to buy real estate in 2023-24. High rise...
- Super luxury cars riding high with India's young buyersWhether it's super sports cars, electric cars or luxury saloons, models are being snapped faster than ever before, according to the industr...
- Australia PM Scott Morrison makes final push for re-electionMorrison's tenure has been beset by a rolling series of crises, from climate-fuelled droughts, bushfires and floods to the global Covid-19 ...
- No airport crowds: Wealthy travellers buy pre-owned luxury jets for smoother commuteSecond-hand aircrafts are in the t-buy list of affluent buyers.
- Average annual income of India's affluent is Rs 1.5-million: ReportThe average annual household income of India's affluent is Rs 1.5 million while the average age is 34 years, younger than most Asia Pacific...
- Designers like Rohit Bal, JJ Valaya now go online with affordable ready-to-wear linesThis time he doesn't have to fear bulldozers because his new ready-to-wear, or RTW, line is being launched online. And the label will be af...
- Audi A3 to be positioned between compact luxury hatch & entry luxury sedan: Joe King"India’s growing affluent class is responsible for increasing sales and the yet-to-be-launched A3 would be a game changer for the company."
- Luxury stores like Burberry, Genesis Luxury moving to smaller towns, says CII-AT Kearney reportOne out of every four luxury stores in India has come up outside Mumbai, Delhi and Bangalore, says a CII-AT Kearney report.
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