Affordable and mid-segment housing continued to drive homebuyer demand in 2020, but luxury sales also saw some momentum in NCR despite the pandemic.
South-Central Mumbai localities witnessed luxury home sales worth INR 500 Cr last month (October). In 2019, the corresponding period saw luxury sales worth approx. INR 150 crore, thus improving by >230% in the year.
Luxury housing sales are still in the doldrums with unsold luxury stock increased by 10% y-o-y in the top 7 cities by 2019-end, reveals ANAROCK data.