Luxury housing sales pick up in top 7 Indian cities; rise 97% YoY in Jan-Sep’23
Delhi-NCR, Mumbai, and Hyderabad are the top three markets in terms of sales among the top seven cities, accounting for about 90% of all luxury home sales.
Delhi-NCR, Mumbai, and Hyderabad are the top three markets in terms of sales among the top seven cities, accounting for about 90% of all luxury home sales.
Amongst the top 7 cities, Mumbai Metropolitan Region (MMR) recorded the highest sales of 38,500 units in September this year, up 46% YoY against 26,400 units in the same period last year.
Amongst the top 7 cities, Mumbai Metropolitan Region (MMR) and Pune accounted for more than 51% of the total sales of 58,770 units.
Delhi-NCR and MMR see housing sales surge by 46% and 49% YoY; Anarock attributes the surge to "unwavering appetite for homeownership"
Cash deals decline 75-80%; average home loan ticket size rises as interest rates dip.