Ultra-luxury home sales surge in 2024; Mumbai leads India's market with 52 deals
6 days, 6 hours ago

Ultra-luxury home sales surge in 2024; Mumbai leads India's market with 52 deals

New Indian Express  

MUMBAI: Despite a slowdown in overall housing sales, demand for Ultra-luxury homes hit new peaks in 2024. Data issued by real estate consultancy firm ANAROCK indicates 59 such units were sold in 2024 and the year saw a 17% yearly surge in the total sales against 2023. The data shows that of the 59 ultra-luxury properties sold across the top 7 cities in 2024, Mumbai also saw 52 units sold at price tags of over Rs 40 crore each – an 88% share of the total deals across the top cities. At least 3 separate ultra-luxury home deals worth more than Rs 40 crore each were closed in Delhi-NCR - two in Gurugram and one in New Delhi. Further, out of the 59 ultra-luxury homes sold in 2024, at least 17 were priced at Rs 100 crore each.

Delhi Mumbai Crore Sold Price Tags 100 Crore Rs 40 Crore  sales  leads  deals  total  52  tags  ultraluxury  sold  mumbai  market  saw  crore  40  surge  2024  indias  rs

History of this topic

Year-ender 2024: Residential transactions cross 5.7 lakh mark, property prices jump 60% in 5 years
2 weeks, 1 day ago

Year-ender 2024: Residential transactions cross 5.7 lakh mark, property prices jump 60% in 5 years

Hindustan Times  

The Indian residential sector clocked 5.77 lakh property transactions in 2024, up by 4% from 5.56 lakh in 2023. Mumbai recorded the highest number of residential transactions worth ₹1.6 lakh crore with over 1.3 lakh units. Bengaluru and Pune followed with ₹0.6 lakh crore of residential transactions with 0.8 lakh and 1 lakh units, respectively. Western India dominated residential transactions …

India’s real estate to remain gung ho on luxury, premium housing in 2025 as affordable takes a backseat
2 weeks, 2 days ago

India’s real estate to remain gung ho on luxury, premium housing in 2025 as affordable takes a backseat

Live Mint  

Come 2025, India’s real estate developers will double down on luxury and premium housing, leaving the affordable segment to catch up. “We are strategically leveraging the robust demand in the luxury real estate segment by curating projects that align with the evolving preferences of modern buyers," said Robin Mangla, president, M3M India. DLF Ltd, India’s largest listed real estate company, …

Year Ender 2024: 5 corporate leaders who invested in the Mumbai real estate market
2 weeks, 5 days ago

Year Ender 2024: 5 corporate leaders who invested in the Mumbai real estate market

Hindustan Times  

Several corporate honchos bought properties in the Mumbai real estate market in 2024. Wellknown Polyester's CMD buys two luxury apartments in Mumbai's Worli for ₹ 270 crore In April 2024, Macrotech Developers, also known as Lodha Group, sold two apartments in its luxury project Lodha Malabar on Walkeshwar Road, Malabar Hill, one of Mumbai’s posh areas, for ₹270 crore to …

Mint Primer | Why 2024 was a mixed bag for the housing sector
2 weeks, 5 days ago

Mint Primer | Why 2024 was a mixed bag for the housing sector

Live Mint  

Residential sales in the top seven cities saw a slight fall this year compared with 2023, against hopes they would touch a new peak in 2024. The sector’s growth momentum was dented not just by lower sales but also the new supply pipeline, as per Anarock Property Consultants. While sales saw a dip, they were offset by a 16% jump …

Mumbai real estate market in 2024: Here are the top 5 land deals worth more than ₹2,500 crore
3 weeks, 1 day ago

Mumbai real estate market in 2024: Here are the top 5 land deals worth more than ₹2,500 crore

Hindustan Times  

Mumbai, the financial capital of India, is the costliest real estate market and a land-starved city. Century Textiles buys 10-acre land in Mumbai from Nusli Wadia for ₹ 1100 crore for real estate development Century Textiles and Industries Limited in September 2024 announced that it has acquired the ownership rights of an approximately 10-acre leasehold land parcel in Worli, Mumbai, …

Delhi NCR beats Bengaluru, Mumbai in residential price growth; leads housing price index
3 weeks, 2 days ago

Delhi NCR beats Bengaluru, Mumbai in residential price growth; leads housing price index

Hindustan Times  

Driven by strong end-user demand and investor interest, the Delhi National Capital Region has shown significant appreciation in residential prices with a Housing Price Index of 178 between June to September, a joint study by Housing.com and the Indian School of Business on December 23 showed. Delhi National Capital Region has shown significant appreciation in residential prices with a Housing …

Yearender 2024: Luxury homes redefine wealth as real estate becomes ultimate status symbol
4 weeks ago

Yearender 2024: Luxury homes redefine wealth as real estate becomes ultimate status symbol

India TV News  

The year 2024 marked a significant shift in India’s real estate market, with luxury homes emerging as the ultimate status symbol for the country’s wealthy. Record-breaking deals across cities This year witnessed record-breaking transactions in the luxury real estate market. Several factors are driving the affluent class towards luxury real estate: Wealth growth: The 2024 Hurun Rich List reported a …

Meet Rishi Parti, man who bought Rs 190 crore ultra-luxury penthouse in Gurugram
Trending News
1 month ago

Meet Rishi Parti, man who bought Rs 190 crore ultra-luxury penthouse in Gurugram

India Today  

In a record-breaking transaction, a luxury penthouse in DLF Camellias on Gurgaon’s Golf Course Road has been sold for Rs 190 crore, setting a new benchmark for high-rise condominium deals in India. As per reports, the 16,290-square-foot penthouse fetched an impressive Rs 1.2 lakh per square foot on the super area and Rs 1.8 lakh per square foot on the …

Mumbai real estate: Check out these 5 deals priced at ₹100 crore and more in this luxury project in Worli
1 month, 1 week ago

Mumbai real estate: Check out these 5 deals priced at ₹100 crore and more in this luxury project in Worli

Hindustan Times  

The Mumbai real estate market's luxury segment has been on fire since the pandemic, with luxury apartments worth over ₹100 crore selling like hotcakes. Mumbai real estate market's luxury segment has been on fire since the pandemic, with luxury apartments worth over ₹ 100 crore selling like hotcakes In the last six months, at least five transactions with a price …

K Raheja Corp buys Bayside Mall and Popular Press Building properties in Mumbai for ₹355 cr
1 month, 1 week ago

K Raheja Corp buys Bayside Mall and Popular Press Building properties in Mumbai for ₹355 cr

Hindustan Times  

K Raheja Corp has bought two prime properties - Bayside Mall and the Popular Press Building - in Mumbai’s posh Tardeo area through its Ivory Property Trust from AAA Holding Trust for ₹355 crore, documents accessed by CRE Matrix showed. K Raheja Corp has bought two prime properties - Bayside Mall and the Popular Press Building - in Mumbai’s posh …

Year-ender 2024: Housing sales across 7 cities including Delhi NCR, Mumbai, Bengaluru expected to touch 3.05 lakh units
1 month, 1 week ago

Year-ender 2024: Housing sales across 7 cities including Delhi NCR, Mumbai, Bengaluru expected to touch 3.05 lakh units

Hindustan Times  

Housing sales across the top seven cities- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Pune and Hyderabad - are expected to touch 3.05 lakh on the back of increase in demand. Year-ender 2024: Housing sales across the top seven cities- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Pune and Hyderabad - are expected to touch 3.05 lakh on the back of increase in demand. …

Properties worth ₹50 lakh: Here’s what you can buy in Mumbai and MMR
1 month, 2 weeks ago

Properties worth ₹50 lakh: Here’s what you can buy in Mumbai and MMR

Hindustan Times  

Mumbai real estate market is the most expensive real estate market in the country and purchasing a home in the financial capital is a dream come true for many homebuyers considering that apartments cost as much as ₹20,000 per sq ft to ₹1.50 lakh per sq ft if not more. "With a budget of ₹50 lakh in Mumbai, homebuyers can …

Mumbai and Delhi among top APAC cities to record highest price growth in the luxury housing segment
1 month, 3 weeks ago

Mumbai and Delhi among top APAC cities to record highest price growth in the luxury housing segment

Hindustan Times  

Mumbai and Delhi-NCR are among the top cities in the Asia Pacific region to record the highest annual price growth in the luxury housing segment. Mumbai and Delhi are among the top cities in the Asia Pacific region to record the highest annual price growth in the luxury housing segment. The average price for the prime residential market in the …

Mumbai and Delhi rank among the fastest-growing luxury real estate markets in Asia-Pacific: Knight Frank
1 month, 3 weeks ago

Mumbai and Delhi rank among the fastest-growing luxury real estate markets in Asia-Pacific: Knight Frank

Live Mint  

India’s real estate sector is experiencing a boom fueled by robust economic growth, infrastructure upgrades, and evolving lifestyle aspirations. In Q3 2024, the city recorded an 11.5 per cent year-on-year increase in luxury real estate prices, which now average $953 per square foot. Shishir Baijal, Chairman and Managing Director of Knight Frank India, emphasised, "India's residential real estate sector is …

Real estate prices in Delhi-NCR up by 56% to ₹1.45 crore in H1 FY25, Mumbai rates remain stable
1 month, 3 weeks ago

Real estate prices in Delhi-NCR up by 56% to ₹1.45 crore in H1 FY25, Mumbai rates remain stable

Hindustan Times  

The average home price in top seven cities touched ₹1.23 crore in H1 FY25, up 23% in a year. sold in H1 FY 2024, while H1 FY 2025 saw approximately 77,735 units worth approximately ₹1,14,529 crore sold, the analysis showed. In Hyderabad, H1 FY 2024 saw the average ticket size of sold units at ₹84 lakhs - this increased by …

Mumbai real estate market: 5 luxury apartment deals that cost ₹100 crore and above
Trending News
2 months ago

Mumbai real estate market: 5 luxury apartment deals that cost ₹100 crore and above

Hindustan Times  

Mumbai real estate market has witnessed some of the costliest luxury apartment deals across the country of which a few properties have been sold for ₹1.50 lakh per sq ft and above. 1 Apartments sold for ₹ 198 crore in Oberoi’s Three Sixty West project in Worli In a recent transaction, promoter of wires and cables manufacturer RR Kabel Ltd, …

Top 6 Cities in India See Significant Surge in Home Sales in Q3 2024
2 months, 2 weeks ago

Top 6 Cities in India See Significant Surge in Home Sales in Q3 2024

Hindustan Times  

Indian homeowners have shown a strong interest in purchasing homes in major cities across the country during the January-September period of 2024. Pune and Delhi-NCR emerged as top performers, with a combined value of ₹4.26 lakh crore sold during the quarter. Delhi-NCR led the way with sales worth ₹1.2 lakh crore, while Pune sold the highest number of units at …

Hyderabad records over 54,000 home sales worth more than ₹33,000 crore so far in 2024: Report
3 months, 3 weeks ago

Hyderabad records over 54,000 home sales worth more than ₹33,000 crore so far in 2024: Report

Hindustan Times  

Hyderabad has registered a total of 54,483 homes sales valued at ₹33,641 crore between January-August 2024. While this reflects a 17% year-on-year growth in the value of homes during the month, the number of registrations recorded a 1% moderation, said an analysis by real estate consultancy Knight Frank India. The Hyderabad residential market encompasses four districts - Hyderabad, Medchal-Malkajgiri, Rangareddy, …

India's Luxury Real Estate Market 2024 Trends
3 months, 4 weeks ago

India's Luxury Real Estate Market 2024 Trends

The Hindu  

India’s Luxury real estate market is seeing steady demand because more and more people are finding it affordable due to economic prosperity. Desire for Larger Spaces Pushing Luxury Real Estate Market: Market trends indicate that there is a greater need for bigger living areas with top-notch facilities situated in a premium location than ever before. Luxury Real Estate Market: How …

‘India will double its luxury car sales by 2030’
4 months ago

‘India will double its luxury car sales by 2030’

The Hindu  

India will sell more than 1,00,000 luxury cars a year by 2030, up from 48,500 sold last year, said Balbir Singh Dhillon, Head, Audi India. ‘‘Luxury segment in the Southeast Asian market, even in reasonably developing countries, not obviously the size of India, account for 5-6% of the total car market and in some countries, including Taiwan, it goes up …

25 ultra luxury housing deals worth ₹2443 crore transacted across top cities
4 months, 1 week ago

25 ultra luxury housing deals worth ₹2443 crore transacted across top cities

Hindustan Times  

A total of 25 ultra-luxury homes priced more than ₹40 crore were sold in Mumbai, Hyderabad, Gurugram and Bengaluru in the first eight months of 2024 for a collective sales value of approximately ₹2,443 core, Anarock data showed. A total of 25 ultra-luxury homes priced more than ₹ 40 crore were sold in Mumbai, Hyderabad, Gurugram and Bengaluru in the …

India’s luxury housing sales rise; what is driving premium real estate demand?
4 months, 1 week ago

India’s luxury housing sales rise; what is driving premium real estate demand?

Live Mint  

Housing sales in India hit an 11-year high of 1.73 lakh units between January and June, according to a report by global real estate consultants Knight Frank. The luxury housing segment contributed around 41 per cent of the real estate sector's sales growth from January to June. Delhi-NCR sold around 3,300 luxury homes in the first half of 2024, a …

Bengaluru real estate: Here's a look at the top luxury property deals reported in the IT capital this year
4 months, 3 weeks ago

Bengaluru real estate: Here's a look at the top luxury property deals reported in the IT capital this year

Hindustan Times  

While Mumbai is synonymous with the uber luxury property segment in India, high-end residential units have seen growing demand in Bengaluru of late. Top luxury property deals reported in the Bengaluru this year Earlier this year, Ajit Isaac, chairman and managing director of Bengaluru-based company Quess Corp, had bought a 10,000 sq ft property worth ₹67.5 crore in Koramangala area, …

Mumbai ranks 2nd, New Delhi 3rd in global property price index; Manila tops the list
4 months, 3 weeks ago

Mumbai ranks 2nd, New Delhi 3rd in global property price index; Manila tops the list

Hindustan Times  

Mumbai and New Delhi have recorded an annual increase in their real estate prices at 13% and 10.6% respectively, while Bengaluru has witnessed a modest 3.7% rise. Mumbai and New Delhi have recorded a sharp annual increase in their real estate prices at 13% and 10.6% respectively The Prime Global Cities Index is a valuation-based index tracking the movement of …

Delhi-NCR real estate market: Affordable housing sales share dips to 24% in H1 2024, luxury sales touch 45%
5 months, 1 week ago

Delhi-NCR real estate market: Affordable housing sales share dips to 24% in H1 2024, luxury sales touch 45%

Hindustan Times  

Out of NCR's total housing sales of approximately 32,200 units in H1 2024, over 45% share was in the luxury segment, and 24% in the affordable segment. Gurugram saw the highest luxury sales in Delhi-NCR at approximately 10,365 units, followed by Noida and Greater Noida together at 3,550 units Of the total luxury sales in NCR in H1 2024, Gurugram …

Luxury Housing Sales Up 40 PC in June Qtr
5 months, 3 weeks ago

Luxury Housing Sales Up 40 PC in June Qtr

Deccan Chronicle  

Chennai: Luxury housing sales were up 40 per cent in the June quarter and 27 per cent in the first half of the calendar year. During the Apr-June’24 quarter, the luxury housing segment across the top cities registered a 40 per cent increase in sales. Luxury housing sales were up 27 per cent to 8500 units against 6700 units in …

Luxury housing sales increase by 27% in the Jan-June period in 2024; Delhi-NCR tops list
5 months, 3 weeks ago

Luxury housing sales increase by 27% in the Jan-June period in 2024; Delhi-NCR tops list

Hindustan Times  

More than 8500 luxury housing units were sold in the January to June 2024 period compared to around 6,700 units during the same period last year registering an almost 27% increase in sales. Delhi-NCR, Mumbai, and Hyderabad emerged as prominent markets, accounting for nearly 84% of the total luxury housing sales of units priced more than ₹4 crore across the …

Mumbai’s luxury housing sales up by 8% in H1 2024; touch ₹12,300 crore: Report
6 months ago

Mumbai’s luxury housing sales up by 8% in H1 2024; touch ₹12,300 crore: Report

Hindustan Times  

Mumbai saw sales of luxury homes, priced ₹10 crore and above, touch ₹12,300 crore during the January to June period which was an 8% increase over the first half of the 2023 calendar year, according to a report by India Sotheby's International Realty and CRE Matrix. Mumbai’s luxury housing sales grew 8% in H1 2024 to touch ₹ 12,300 crore …

Real estate sales in H12024: Mumbai luxury housing deals drive growth, most buyers in 35-55 age bracket
6 months ago

Real estate sales in H12024: Mumbai luxury housing deals drive growth, most buyers in 35-55 age bracket

Live Mint  

The real estate market of India is going through premiumisation and the luxury housing segment accounted for 41 per cent of sales growth in the first half of 2024, according to a Knight Frank India real estate sector report. Mumbai's luxury realty sector recorded a cumulative highest-ever half-yearly sales from luxury housing at ₹12,300 crore in the first half of …

Mumbai sells record ₹12,300 cr of luxury homes in Jan-June period as buyers upgrade to bigger apartments
6 months ago

Mumbai sells record ₹12,300 cr of luxury homes in Jan-June period as buyers upgrade to bigger apartments

Live Mint  

Luxury homes in Mumbai, India's most expensive real estate market, clocked record sales of ₹12,300 crore in the first half of 2024 on the back of growing demand for high-end properties, with Worli cornering more than a third of the purchases. In comparison, about ₹11,400 crore of luxury homes - priced ₹10 crore and above - were sold in the …

Luxury realty booms: Homes above Rs 1 cr now 41% of India's housing sales
6 months, 1 week ago

Luxury realty booms: Homes above Rs 1 cr now 41% of India's housing sales

Business Standard  

India's residential real estate market is experiencing a surge in activity, fueled by a robust economy and growing demand for luxury living. A new report by Knight Frank, titled "India Real Estate: Residential and Office, revealed that the first half of 2024 witnessed a significant jump in residential unit sales across India's top eight cities, including Mumbai, Delhi-NCR, Bengaluru, Pune, …

Luxury homes above ₹1 crore witness 41% growth in sales; affordable housing sales decline
6 months, 1 week ago

Luxury homes above ₹1 crore witness 41% growth in sales; affordable housing sales decline

Hindustan Times  

Housing sales hit an 11-year high with 1.73 lakh units sold across the top eight Indian cities. NCR and Mumbai accounted for almost half of premium category sales in H1 2024, a new report by Knight Frank India showed. Home sales surged by 11% YoY to touch 1.73 lakh units sold across the country’s top eight markets in H1 2024, …

Share of luxury homes' sales now almost at par with affordable housing units
8 months ago

Share of luxury homes' sales now almost at par with affordable housing units

Hindustan Times  

The share of luxury housing sales has jumped to 21% from a mere 7% five years ago but affordable housing has seen a sharp decline, dropping to 20% from 37% in the same period, data shared by Anarock has shown. The share of luxury housing sales has jumped to 21% from a mere 7% five years ago but affordable housing …

Luxury Home Sales Up 10 per Cent, Hyderabad Sees 2x Growth
8 months, 2 weeks ago

Luxury Home Sales Up 10 per Cent, Hyderabad Sees 2x Growth

Deccan Chronicle  

Chennai: Sales of luxury homes witnessed 10 per cent growth in the March quarter, while Hyderabad saw the highest growth of 110 per cent. The luxury segment housing units priced Rs 4 crore and above recorded a 10 per cent growth during Jan-Mar ’24. According to CBRE, new launches in the luxury segment saw 64 per cent growth during the …

Luxury homes priced over ₹4 crore record 10% Y-o-Y growth in Jan-March 2024 across top seven cities
8 months, 2 weeks ago

Luxury homes priced over ₹4 crore record 10% Y-o-Y growth in Jan-March 2024 across top seven cities

Hindustan Times  

Luxury housing units priced more than ₹4 crore and above recorded a 10% Y-o-Y sales growth during January to March 2024 across seven major cities. Luxury housing units priced more than ₹ 4 crore and above recorded a 10% Y-o-Y sales growth during January to March 2024 across seven major cities. As per the data for sales of housing units …

Homes worth ₹1.11 lakh crore sold during Jan-Mar 2024; Up by 68% in value terms: Report
9 months ago

Homes worth ₹1.11 lakh crore sold during Jan-Mar 2024; Up by 68% in value terms: Report

Hindustan Times  

Homes worth ₹1.11 lakh crore were sold in the January to March 2024 period with housing sales increasing by 68% in value terms, according to a report by PropTiger.com Homes worth ₹ 1.11 lakh crore were sold in the January to March 2024 period with housing sales increasing by 68% in value terms, according to a report by PropTiger.com In …

Luxury homes priced above ₹50 crore and above witness a 1.5X y-o-y increase; Mumbai dominates demand
9 months, 2 weeks ago

Luxury homes priced above ₹50 crore and above witness a 1.5X y-o-y increase; Mumbai dominates demand

Hindustan Times  

Luxury homes priced ₹50 crore and above have seen a surge in sales value from ₹2,859 crore in 2022 to ₹4,319 crore in 2023, an increase by almost 1.5X. Luxury homes priced ₹ 50 crore and above have seen a surge in sales value from ₹ 2,859 crore in 2022 to ₹ 4,319 crore in 2023, an increase by almost …

Luxury brands lease 0.6 mn sq ft of retail space in 2023; High Streets emerge as the top leasing choice
10 months ago

Luxury brands lease 0.6 mn sq ft of retail space in 2023; High Streets emerge as the top leasing choice

Hindustan Times  

Retail stores across high streets remained the top choice for luxury brands in India’s top eight cities in 2023. Also, the highest concentration of the luxury retail sector is in the Delhi-NCR region, which currently boasts nearly 80% of international luxury brands, according to a joint report by CBRE South Asia Pvt. While high streets constituted a 45% share in …

Mumbai is now among the world's top 10 luxury real estate markets: Knight Frank Wealth Report 2024
10 months, 2 weeks ago

Mumbai is now among the world's top 10 luxury real estate markets: Knight Frank Wealth Report 2024

Hindustan Times  

Mumbai is now among the top 10 luxury residential markets in the world. The city is ranked at number 8 globally in terms of price growth in luxury housing According to Knight Frank’s The Wealth Report 2024, the value of the Prime International Residential Index has increased by 3.1% in 2023 showcasing solid overall gains. Mumbai’s rank has improved to …

Real estate trends: Why are rich Indians buying luxury properties before the close of the financial year?
10 months, 2 weeks ago

Real estate trends: Why are rich Indians buying luxury properties before the close of the financial year?

Hindustan Times  

There’s a surge in the number of luxury property deals getting registered across the country just before the financial year comes to an end. The ticket size of these properties range from ₹ 10 crore to more than ₹ 100 crore One of the reasons could be that several investors who have made gains in the financial markets may be …

Mumbai Sees Bumper Growth In Rs 5 Cr Plus Luxury Flats In 2023: Report
10 months, 3 weeks ago

Mumbai Sees Bumper Growth In Rs 5 Cr Plus Luxury Flats In 2023: Report

News 18  

In 2023, nearly 3000 new luxury apartments were sold in Greater Mumbai with an overall value of Rs 38,000 crore. In another report by real estate consultant CBRE, it was found that HNIs are showing keen interest in buying luxury residential properties as sales of homes costing Rs 4 crore and above rose 75 per cent last year across seven …

Mumbai's Luxury Property Market Soars To Unprecedented Heights
1 year ago

Mumbai's Luxury Property Market Soars To Unprecedented Heights

News 18  

The Indian real estate sector has undergone a significant transformation in recent years, with a spotlight on the flourishing luxury housing segment. Among the major cities, Mumbai has emerged as one of India’s fastest-growing luxury real estate markets. In the first half of 2023, Mumbai’s luxury property market showcased a robust surge in sales, boasting an impressive growth rate of …

Housing Sales in 7 Cities Rise 31% to 4.76 Lakh Units
1 year ago

Housing Sales in 7 Cities Rise 31% to 4.76 Lakh Units

Deccan Chronicle  

Chennai: Housing sales in the top 7 cities have created a new peak in 2023, increasing 31 per cent over the previous year. Around 4.76 lakh housing units were sold in 2023 in the top 7 cities, against 3.64 lakh units in 2022, a 31 per cent increase. In terms of supply, around 4.45 lakh new units were launched in …

Housing sales makes new peak in 2023
1 year ago

Housing sales makes new peak in 2023

Deccan Chronicle  

Chennai: Housing sales in the top 7 cities have created a new peak in 2023, increasing 31 per cent over the previous year. Around 4,76,530 housing units were sold in 2023 in the top 7 cities, against 3,64,870 units in 2022 – 31 per cent increase. In terms of supply, around 4,45,770 new units were launched in 2023 against 3,57,640 …

Mumbai dominates ultra-luxury real estate with 53 homes sold above ₹40 Crore
1 year, 1 month ago

Mumbai dominates ultra-luxury real estate with 53 homes sold above ₹40 Crore

Hindustan Times  

Mumbai: 58 ultra-luxury homes priced above ₹40 crore were sold across seven major cities till November 2023, accumulating a total sales value of ₹4,063 crore. Anuj Puri, Chairman of Anarock Group, noted, “Demand for both luxury and ultra-luxury properties has surged since the pandemic, with HNIs and ultra-HNIs buying such homes for investment, personal use, or both. The upsurge in …

58 Ultra-luxury Homes Priced Over Rs 40 Crore Sold In India This Year Across Top 7 Cities
1 year, 1 month ago

58 Ultra-luxury Homes Priced Over Rs 40 Crore Sold In India This Year Across Top 7 Cities

ABP News  

Ultra-luxury homes, priced more than Rs 40 crore each, have seen an unprecedented bull-run in 2023, with both the number of sales and sales value of such assets hitting new heights. According to the latest ANAROCK Research data, year 2023 has seen a staggering 247 per cent yearly surge to date in terms of total sales value of ultra-luxury homes …

Mumbai, Delhi & Bengaluru among cities with highest annual rise in property rates
1 year, 2 months ago

Mumbai, Delhi & Bengaluru among cities with highest annual rise in property rates

Hindustan Times  

The year-on-year growth in average annual prices of prime residential or luxury homes in three Indian cities was among highest in the world, with each city ranking in top 20 out of 46 cities analysed by real estate consultant Knight Frank India in its ‘Prime Global Cities Index’ for Q3 2023. Higher rates mean we have moved into a world …

Luxury segment housing sales rise in top seven cities of India: Survey
1 year, 5 months ago

Luxury segment housing sales rise in top seven cities of India: Survey

The Hindu  

CBRE South Asia Treal estate consulting firm announced the findings of the January-June ’23 residential sector survey data highlighting trends in the top seven cities in India. A similar trend prevailed during the April-June ’23 quarter in the luxury housing segment across the top cities registering a 121% Y-o-Y increase in sales. It saw sales of 3,100 luxury housing units …

Demand for luxury homes in Bengaluru falls by half in Apr-Jun: CBRE report
1 year, 5 months ago

Demand for luxury homes in Bengaluru falls by half in Apr-Jun: CBRE report

Hindustan Times  

The demand for luxury housing in India rose in the April to June period, according to a report. 3,100 luxury housing units - priced at ₹ 4 crore and above - were sold in the quarter, compared to 1,400 in the year-ago period. Pune's luxury home sales inched up from nil last year to 150 units this year in April …

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