CBRE South Asia Treal estate consulting firm announced the findings of the January-June ’23 residential sector survey data highlighting trends in the top seven cities in India. The luxury housing segment registered a 130% Y-o-Y increase in the period. Total sale of luxury units stood at 6,900 compared to 3,000 units during the same period last year.
Hyderabad recorded the highest percentage increase in sales on a Y-o-Y basis, with nearly 14-fold growth with total sales of 1,400 units. This was followed by a nearly six-fold increase in sales in Pune and over three-fold jump in Delhi-NCR on a Y-o-Y basis.
