The demand for luxurious actual property stays regular, with the gross sales of residences valued at Rs 1 crore and above surged by 10%, whereas these of beneath Rs 1 crore have gone down by a considerable 32%, as per a report launched by JLL.
This was largely pushed by 22% year-on-year development in gross sales of Rs 1.5-3 crore housing items, adopted a 20% development within the premium housing section, which includes properties priced within the vary of Rs 3-5 crore.
“This upswing within the higher-priced section demand has shielded the general housing gross sales from a sharper decline,” mentioned JLL’s Chief Economist and Head of Analysis Samantak Das.
Bengaluru, Mumbai, and Pune reigned over the residential gross sales among the many high seven cities in India. “They collectively accounted for 66% of Q1 2025 gross sales”, the report acknowledged. Contributing elements to this surge embrace greater quantity of multinational firms and startups creating extra employment alternatives, and the continual infrastructural developments, it prompt.
The regular enhance in greater ticket measurement properties suggests rising wealth amongst homebuyers, evolving life-style preferences and consumers prioritizing bigger and premium properties, famous the report.
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