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Delhi-NCR’s real estate market: Here’s why rich Indians are lapping up luxury properties

Few launches in the luxury housing segment and the fear of missing out on the most desirable properties is making these units fly off the shelf in Delhi-NCR Delhi-NCR saw two listed real estate developers launch luxury projects in the range of ₹7 crore to ₹12 crore recently which the realtors said had been lapped up in a matter of a few days. Demand for luxury and ultra luxury homes among wealthy...

Housing prices hike 61% in this Delhi-NCR area, 42% in Hyderabad in a year; how much return can you get from property?

The average housing prices in pan India jumped 9% year-on-year to Rs 10,226 per sq ft during the fourth quarter of 2023, according to a report released by CREDAI, Colliers and Liases Foras. The surge in prices was led by notable growth in housing demand, especially in mid and luxury segments, the report stated. All eight cities — Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, Mumbai...

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