Non-hotel brands hold 61% of India’s branded residences market: GBR

Non-hotel brands account for 61 per cent of India’s branded residences market, making the country an outlier in Asia-Pacific, according to Global Branded Residences. India has 61 branded residential schemes, with 37 in the pipeline. Hotel brands are gaining ground, accounting for 46 per cent of pipeline projects compared with 29 per cent of completed developments.