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The luxury housing segment sales in India have surged after the pandemic as more people opt for larger spaces with mod-cons, including dedicated rooms for working from home. The trend is expected to continue, especially among non-resident Indians (NRIs) and certain categories of millennials with high disposable income.
Seven cities — Delhi-National Capital Region (NCR), Mumbai, Pune, Hyderabad, Bengaluru, Chennai, and Kolkata — have emerged as luxury housing sales hotspots.
In India, sales of luxury housing priced at Rs 4 crore and above jumped 97 per cent year-on-year during January–September 2023, according to the latest CBRE report.
Total sales of
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