The rise of high-end housing
Welcome to another captivating episode of “Keeping It Real” by Housing.com. In today’s episode, we delve into the flourishing premium real estate market in India. With rising personal incomes and a booming economy, there’s a significant shift towards high-end housing. Remarkably, properties valued at Rs 1 crore and above accounted for 37% of all transactions in the first quarter of 2024, up from 16% in 2019.
Join us as we explore these trends with insights from a PropTiger.com report and an exclusive interview with Mr. Ashok Chhajer, MD & Chairman of Arihant Superstructures. We’ll discuss the growing demand for premium properties in cities like Mumbai, Gurugram, and Bengaluru, and the evolving preferences of modern buyers.
Tune in to understand the key driving factors behind this surge and how the real estate market is adapting to meet the rising demand for upscale homes.