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Sale of luxury homes, priced ₹4 cr and above, up 53% in 2024
Hindustan Times West UP
|January 16, 2025
Luxury homes, each costing ₹4 crore and above, were in much demand last year with sales rising 53% to 19,700 units across seven major cities, according to CBRE.
NEW DELHI: In the 2023 calendar year, the sales of housing units, each priced ₹4 crore and above, stood at 12,895 units.
Sales of luxury homes in this price category were maximum in Delhi-NCR at 10,500 units during 2024 as compared to 5,525 units in the preceding year.
Anshuman Magazine, chairman & CEO - India, South-East Asia, Middle East & Africa, CBRE, said, "The residential real estate market is driven by strong fundamentals underpinned by robust end-user demand. We expect this momentum to continue, with both sales and new housing unit launches to remain steady in the coming quarters."
Dit verhaal komt uit de January 16, 2025-editie van Hindustan Times West UP.
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