The high-end housing category accounted for nearly 27 per cent of total residential sales last year, more than doubling its share from about 12 per cent in 2022, driven by rising incomes, premiumisation trends and sustained demand across major Indian cities, according to a CBRE report
The study said that the new development shows a clear indicator of a strengthening investment approach among India's women property buyers
Five Nifty indices surged over 30% in 2024 with the Real Estate index securing the 4th spot, posting a strong 34.67% annual gain
The rupee held steady against the dollar on Thursday, rising by 1 paisa to close at 84.07 amidst month-end demand and potential RBI intervention. Foreign fund outflows and importer demand weighed on the currency as it neared record low levels.
The report highlights a substantial surge in sales in certain regions, including South Mumbai, which saw a 41 per cent increase driven by the redevelopment of old buildings into luxury projects
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