Ultra-Luxury Homes Sales Hit Rs 2,443 Crore In 2024

 

Introduction

Mumbai Dominates Ultra-Luxury Home Sales in 2024

India's ultra-luxury housing market remains robust, with sales of properties exceeding Rs 40 crore reaching 25 units in the first eight months of 2024. This translates to a cumulative value of approximately Rs 2,443 crore, according to data from real estate consultancy Anarock.


Mumbai Leads the Pack

Mumbai continues to be the frontrunner in this segment, claiming a staggering 21 out of the 25 deals, with a total value of Rs 2,200 crore. This translates to an 84 per cent share of the ultra-luxury housing market across the top cities in India. The city's allure for high-net-worth individuals (HNIs) and ultra-HNIs seeking trophy properties, either for investment or personal use, remains strong..........Read More

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