India’s luxury housing market is growing rapidly, driven by a rising demand for high-end homes. This trend is not only changing the way people live but also boosting the overall real estate industry.
Sidhant Gupta, former director of Kwality, talks about the rise of luxury housing and why this trend is here to stay.
In 2024, India saw a big jump in the demand for luxury homes priced at Rs 4 crore and above. Sales went up by 53% across seven major cities. According to CBRE, a total of 19,700 luxury homes were sold, compared to 12,895 in the previous year. This sharp increase shows the strong demand for premium homes in India’s top cities.
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