- Atmosphere Core, a renowned real estate company, has launched Atmosphere Living to meet the increasing demand for ultra-luxury branded residences in India.
- India has become a preferred destination for foreign investors in recent years as the country’s real estate market experiences significant growth thanks in part to major foreign investments.
- Salil Panigrahi, managing director of Atmosphere Core, stated that Atmosphere Living will bring a distinctive and highly anticipated offering to the Indian market.
Atmosphere Core, a leading real estate company, has introduced Atmosphere Living, a new venture focused on offering premium branded residences in India.
With luxurious amenities and personalised services, Atmosphere Living aims to bridge the current gap in the market by curating luxurious residences that offer extravagant amenities and services to cater to the growing demand for ultra-luxury living experiences.
Led by real estate veteran Sandeep Ahuja, this new initiative is poised to make a significant impact in the South Asian market. The Indian real estate market has seen considerable growth in recent years, attracting major foreign investments and emerging as one of the top growth markets in the APAC region.
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Data from Colliers, a Canada-based professional services and investment management company, reveals that India’s real estate sector received $23.3bn in foreign investments between 2018 and September 2023.
The office space market has been the leading segment, attracting $11.4bn in foreign investments, followed by residential properties with $2.6bn. The global branded residences market experienced an astounding 150% growth over the past decade and experts predict that the demand for these properties will only continue to soar.
Atmosphere Living apart from its competitors is its commitment to a conscious design philosophy, ensuring that all properties are built in harmony with the environment. Through smart recycling; efficient waste and water management; and green energy solutions, Atmosphere Living aims to create luxurious residential spaces that are both sustainable and environmentally friendly.
By offering ultra-indulgent serviced homes with lavish amenities and services, Atmosphere Living seeks to provide a life of true luxury and exclusivity to its discerning clientele.
Not only will homeowners have the option to lease their residences back to the company, allowing for income generation, but they will also enjoy perks such as smart key card entry, 24/7 butler services, fine dining and co-working spaces.
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