HiLITE Realty, a prominent player in South India’s luxury real estate sector, has embarked on a landmark expansion into the lucrative real estate markets of the Gulf Cooperation Council (GCC), with a strategic operational centre set up on the entire 112th floor of Dubai’s iconic Burj Khalifa.
The move underscores HiLITE’s strategic vision to redefine luxury living experiences and establish a strong foothold in the prestigious UAE market. This significant step marks the company’s global diversification plans and aims to cater to discerning international clients seeking unparalleled luxury and innovation. According to a spokesperson from HiLITE Group, “Our presence in the Burj Khalifa exemplifies our commitment to architectural excellence, product innovation, and the creation of vibrant communities. We are not merely constructing spaces but fostering growth and inspiring future generations with our futuristic designs.”
With a legacy of 28 years in South Indian real estate, HiLITE Realty is renowned for its avant-garde designs, operational efficiency, and timely project deliveries across residential, commercial, and retail sectors. The launch of their office in Burj Khalifa serves as a launchpad for global aspirations, facilitating collaboration and innovation as they embark on ambitious new projects worldwide. The expansion into the UAE market aligns strategically with the robust growth observed in residential and commercial sectors. Notably, the UAE’s residential real estate market is projected to grow by approximately 9% by 2030.
This growth is driven by evolving market dynamics, including increased demand for spacious homes with outdoor areas, influenced by international lifestyle trends and the rise of remote work and online learning. Government initiatives such as the expansion of the 10-year Golden Visa program and introduction of residency permits for retirees and remote workers have further bolstered investor confidence and stimulated residential demand in the UAE. These initiatives have facilitated significant market shifts, making the UAE an attractive destination for global real estate investments.
