Luxury segment housing sales rise by 27% in H1FY24 across top seven cities

In the first half of 2024, India's luxury housing market priced above Rs 4 crore saw a robust 27% year-on-year sales increase, totaling 8,500 units. Delhi-NCR, Mumbai, and Hyderabad led growth, with Pune notably surging six-fold in sales to 1,100 units. The market anticipates sustained momentum driven by affluent buyer preferences and infrastructure developments.