Christie's arm enters India as luxury realty grows despite Covid upheaval

Initially, it will focus on residential properties in north India, particularly south and central Delhi, apart from holiday homes in places like Himachal Pradesh

Christie's International Real Estate (CIRE) has entered India, following its famous parent body and fine art auction house nearly three decades on and at a time luxury housing has grown despite the upheaval caused by Covid-19.
 

On Tuesday, CIRE announced its foray through an affiliation with Delhi-based brokerage firm Himmat & Rohini Singh LLP.

CIRE, the luxury real estate arm of Christie's with an affiliate network spanning 48 countries, follows a brokerage model and does not auction properties, unlike in the world of art. In India, it will deal in ultra high-end luxury residential properties (priced at Rs 10 crore and