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 …
Luxury Real Estate: Maintaining a strong sales momentum, the luxury housing segment in India registered a 130 per cent y-o-y surge across top-7 cities during the January-June 2023 period. In terms of sales, Delhi-NCR topped with sales of 2,900-unit, marking a 205 per cent Y-o-Y increase, followed by Mumbai, which recorded sales of 1,900-units, an 18 per cent Y-o-Y growth …