Financial Express-Mumbai, Delhi-NCR, or Hyderabad: Which city saw the biggest surge in luxury housing in 2024?
Driven by shifting buyer preferences post the pandemic and a surge in interest from NRIs, the demand for luxury housing is soaring like never before. However, which of India’s top cities – including Delhi-NCR, Mumbai, and Hyderabad – has witnessed the most significant growth in premium homes?
The findings of CBRE South Asia Pvt Ltd’s latest report – ‘India Market Monitor Q4 2024 – Residential’ — highlight that Delhi-NCR, Mumbai, and Hyderabad have emerged as the key markets, collectively contributing over ~90% of the luxury housing unit sales across the top seven cities in 2024.