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Mumbai clocks Rs 12,300-cr luxury housing sales in H1 CY24 | Financial Express

Mumbai clocks Rs 12,300-cr luxury housing sales in H1 CY24 | Financial Express

Sales of luxury homes costing Rs 10 crore and above in Mumbai have risen 8%, making another new high of Rs 12,300 crore in H1 CY’24, compared to Rs 11,400 crore in H1 CY’23, according to a report by India Sotheby’s International Realty and CRE Matrix.

The report, “Mumbai Luxury Housing H1 CY24,” highlights unprecedented sales figures, signaling robust growth and heightened confidence in the city’s real estate sector. This significant surge at the high end of the market aligns with an ongoing bullish trend in residential property sales overall, reflecting the exuberance and confidence in the Indian economy.

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