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Luxury condo prices up by 44 per cent as rich and professional Indians snap up homes.

This move, driven by a combination of factors including rising property prices and a desire for a safer environment, was not an isolated incident. Across India, a growing number of families are opting for gated communities, driven by a combination of factors, including security concerns, lifestyle preferences, and the desire for a sense of community. The shift towards gated communities is a reflection of a broader societal trend in India, where the desire for safety and security is increasingly becoming a top priority. This trend is fueled by a number of factors, including the rise of organized crime, the increasing number of cyberattacks, and the growing awareness of personal safety.

* **Rising disposable incomes:** As India’s economy grows, so do the incomes of its citizens. This allows them to afford more expensive housing options, including condominiums. * **Urbanization:** The trend of people moving from rural areas to urban centers for better job opportunities and amenities is driving the demand for housing in cities.

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