The Economic Times-Looking to buy a house in a top Indian city? Be prepared to pay over Rs 1.2 cr
Demand for luxury homes has surged across India's top seven cities post-pandemic, leading to record sales and new launches, according to ANAROCK’s latest report. In H1 FY2025, the average ticket size of homes in these cities reached Rs 1.23 crore, up from Rs 1 crore in the same period of FY2024.
Anuj Puri, Chairman of ANAROCK Group, noted, "Over 2,27,400 units valued at approximately INR 2,79,309 crore were sold from April to September 2024. This is an 18% rise in total sales value compared to INR 2,35,800 crore during the same period in FY2024, despite a 3% drop in overall unit sales, highlighting a strong demand for luxury homes."
