NEW DELHI, April 20 -- The market dynamics for the residential luxury segment are disparaged from other asset classes, primarily due to the target end-user segment and their aspirations from such assets. Owning a prime piece of residential real estate - whether a bungalow in Delhi's diplomatic enclave or a high-end apartment near the queen's necklace in South Mumbai or a colossal mansion in Bengaluru's Sadashivnagar, is a matter of pride for the owners as ''pincode'' matters in social circles. For top industrialists, bureaucrats, politicians, doctors, lawyers, civil servants, film fraternity etc., these locations exude an unmatched vibe which is synonymous with their unparalleled lifestyle. Since time immemorial, location has been the prime...