Luxury Real Estate Trends Focus on Wellness and Sustainability

The luxury real estate market is experiencing significant transformations, driven by evolving consumer preferences and a rising demand for high-end properties. In Brooklyn Heights, a mid-century modern home sold for $12 million, leading a surge in luxury contracts, with ten out of seventeen homes sold being townhouses. Meanwhile, in Mumbai, real estate developers are focusing on luxury housing and redevelopment projects to meet the growing aspirations of affluent buyers, with properties priced between ₹2.5 crore and ₹4 crore. The definition of modern luxury has shifted, with buyers now expecting smart home technology, sustainability, and wellness amenities as standard features. Notably, strong emphasis on eco-friendly materials and designs is reshaping architecture trends in luxury living. Overall, the market is adapting to the demands of millennials and Gen-Z buyers who prioritize lifestyle alignment with their values.