HIGH-END HOMES: 5% OF TOTAL SALES, REPORT REVEALS
The Business Guardian|May 01, 2024
Home pricesin India are likely to increase by 4-6 per cent this year but rising per capita income will support demand
HIGH-END HOMES: 5% OF TOTAL SALES, REPORT REVEALS

A real estate consultancy firm reported a 10% increase in the sales of luxury homes priced at Rs 4 crore and above during the quarter ending on March 31 compared to the previous year. According to CBRE's 'India Market Monitor Q1 2024' report, 4,140 luxury homes were sold between January and March 2024, compared to 3,780 sold during the same period last year. This growth trend has persisted for the past two years, with sales surging by 75% in 2023 to 12,935 units. Additionally, the share of luxury homes in total sales doubled to 4% in 2023 from 2% the previous year.

At the end of March 2024, their share has risen to 5 per cent.

هذه القصة مأخوذة من طبعة May 01, 2024 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة May 01, 2024 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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