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.

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.