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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

Luxury Housing Supply Share at 27% in Q3 2023, Hits 5-year Quarterly Share High

Mumbai, 9 October 2023: The unwavering demand for luxury housing since the pandemic has kicked off a spate of new launches in this category. Latest ANAROCK data shows that out of 1,16,220 units launched in Q3 2023 in the top 7 cities across various budget categories, approx. 27% (approx. 31,180 units) were in the luxury category.

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

Delhi-NCR Luxury Housing Supply Share Rises to 17% in H1 2021 from 9% in 2020

Of approx. 10,570 units launched in NCR in H1 2021, approx. 1,800 units were in the luxury and ultra-luxury segments priced >INR 1.5 Cr Noida comprised max. new luxury share (of 73%) in 1st half this yr, followed by Gurugram with 22% share & Greater Noida with 5% From 2018 till June 2021, NCR’s new

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