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HOMES PRICED ABOVE INR 1 CR CORNER HIGHEST SHARE EVER IN TOTAL SALES, SAYS REPORT
The Business Guardian
|April 05, 2024
Sales of properties priced below Rs 50 lakh record dip in sales in the January-March quarter, according to Knight Frank
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According to a report released on Thursday by realestate consultancy Knight Frank, homes priced above Rs 1 crore commanded their largest-ever share of total sales, reaching 40 percent in the quarter ending on March 31. This marks a significant increase from the previous quarter's 39 percent. The trend of such high-end homes gaining market share has been consistent, with their proportion steadily rising from 29 percent in Q1 2023 to 35 percent in Q3 of the same year.
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