Listen To The Article Affordable properties are quickly losing their appeal in India. Since the pandemic, homes under Rs 50 lakh have lost ground, making up just 15% of India's total residential real estate market. According to JLL, during the last two years, the percentage of inexpensive houses has decreased from 27% in Q1, 2022 to 15% in Q1, 2024, marking the lowest market share for affordable...
Many developers and local builders have launched a flurry of luxury real estate projects in Delhi-NCR. The healthy offtake and demand for renovating properties in the premium class is the main reason behind this. The publicly traded real estate company is still optimistic about India's housing market and anticipates strong sales momentum to continue as a result of the country's rising urbanisation,...
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