Luxury housing supply jumps, enters newer cities: Report
Luxury homes now represent over a quarter of housing supply and 18% of demand, expanding into new cities. Median prices vary significantly across major metros, with demand strongest in the Rs 2-5 crore brackets, while ultra-premium purchases are notable in Mumbai and Gurugram. Overall luxury spending in India is projected for substantial growth by 2030.🕒 1 min read
Luxury homes now represent over a quarter of housing supply and 18% of demand, expanding into new cities. Median prices vary significantly across major metros, with demand strongest in the Rs 2-5 crore brackets, while ultra-premium purchases are notable in Mumbai and Gurugram. Overall luxury spending in India is projected for substantial growth by 2030.
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