KNOW ALL ABOUT : Luxury homes
Driven by the fast pace of urbanisation, higher disposable incomes, new offerings and greater influx of NRIs, the luxury housing segment has evolved significantly over the past few years in India. Read here to know more about luxury housing and real estate.
Luxury home sales lose shine amid realty slump
Unsold luxury homes accounted for nearly 34% of all unsold stock across top residential markets at the end of 2019.
Mumbai luxury home prices likely to fall by 1% in 2020 as buyers tread cautiously: Report
Buyers of prime residential properties in Mumbai are expected to remain cautious due to det...
Unsold stocks of luxury flats down 12% in last one year: ANAROCK
"To put it in numbers, the current unsold stock of luxury homes (priced between Rs 1.5 crore to Rs 2.5 crore) has reduced to about 42,650 units (in Q1 2019) against 48,300 units as in Q1 2018."
Top 8 cities residential sales up 5% in FY19; affordable housing leads, luxury dips
NCR is the only city which showed a 13% drop in sales compared to last year. Hyderabad and Kolkata witnessed maximum growth of 20% each followed by Bangalore with 14% increase in sales numbers.
Amila group to invest Rs 700 crore on Shimla housing project
With demand for housing rising in the hills, Amila group has acquired 54 acre land at the northern ridge of Shimla to build 250 villas and 150 studio apartments besides a 5-star hotel and high-street retail.
How big a luxury home can $1 million buy?
Based on data crunched by Knight Frank, it appears the number of square feet you can own can vary wildly from city to city.
Luxury home prices drop in Delhi, Bengaluru
The declining trend that engulfed luxury home prices across key Indian metros earlier this year has further intensified amid a global pattern of weakening prices.
Bengaluru sees 45% jump in demand for luxury homes
While the luxury-living space is stagnant in the rest of India, Bengaluru is the only Indian city to have seen a 45% spike in demand.
Luxury home prices in Delhi & Bengaluru drop; Mumbai sees marginal rise: Report
Globally, Mumbai was placed at the 24th position in terms of growth in luxury home prices, followed by Bengaluru at 29th and Delhi at 31st spot.
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