The Indian housing market hit a new milestone in FY24, with sales reaching an all-time high over the past decade. A remarkable 5 lakh units were sold, marking a significant leap in the demand for homes.

Bengaluru, Delhi NCR, and Kolkata have witnessed house costs rise 20% in the previous two years. These locations saw a 30% price spike from 2021 to 2023 due to strong demand for mid- and luxury homes, according to Colliers.

Branded rental villas are leading the Indian hospitality industry's change. According to a professional analysis, this growing business was worth $329.6 million in 2023 and is expected to reach $1377 million by 2028, growing at over 33% annually.

Since the Indian housing market is middle-class, house loan interest rates greatly impact home buying emotion. Individuals and families intending to purchase a house (one of the major choices of their life) must also consider interest rates and EMI expenses.

The Indian real estate industry returned from the 2022 shock and maintained its record-breaking velocity into 2023, propelled by strong demand and supply. This article on Ghar tries to make sense of it all.

The overall value of housing inventory sold in 2023 would reach Rs 4.5 lakh crore, up 38% from 2022's Rs 3.27 lakh crore. Anarock Group research shows strong housing market expansion.

The Palladio, a 12,000-square-foot luxury building in New Delhi by KVIRAAJ, blends modernism with architectural heritage via design and décor. The project has four luxurious bedrooms, living areas, and a terrace-level gym.

In a recent high-profile real estate transaction, Peyush Bansal, the dynamic co-founder of Lenskart, has acquired a lavish residence in Neeti Bagh, one of Delhi's most sought-after neighborhoods.

According to a report by CBRE South Asia, between January and June of this year, 6,900 Indian luxury residences with a price tag of Rs 4 crore or more were successfully transacted. This represents an increase from the 3000 units sold in 2022.

Devvrat Developers Pvt Ltd of Raigad, India, spent almost Rs 113 crore for five luxury homes in 25 South in Prabhadevi, a rich South Mumbai neighbourhood.

Luxury property sales in India's major cities have gone over the roof in 2022. To all appearances, the luxury home run is here to stay.

What Role Can Fractional Ownership Play in Boosting Market For Luxury Resorts and Vacation Homes in India?

Sales of luxury homes increase from 7% in 2019 to 14% in the first half of 2022, with the highest sales of luxury properties occurring in the Mumbai Metropolitan Area.