The mid-range (INR 40 - 80 lakh), premium (INR 80 lakh – INR 1.5 Cr), and luxury segments (>INR 1.5 Cr) were the showstoppers of 2022. In contrast, affordable housing had a lean time, with more buyers in this segment going into wait-and-watch mode; unsurprisingly, new supply in this category reduced markedly.
Tag: India Real Estate Trends
The housing inventory overhang across the top 7 cities plunged to 32 months by 2021-end, closing in on the 30 months reading by 2019-end