India's Luxury Homes EXPLODE: 40% Price Jump in 3 Years! Is YOUR City Leading the Boom?

Overview

Luxury homes in India's top 7 cities have seen the highest price appreciation, surging an average of 40% over the last three years, according to ANAROCK Group. Delhi-NCR leads this boom with a staggering 70% increase. The report highlights luxury homes averaging Rs 20,300 per sq. ft. currently, compared to Rs 14,530 in 2022, while affordable homes saw a more modest 26% rise. This growth is attributed to increasing demand from High Net Worth Individuals and economic stability.