Indian consumer trends: Luxury housing boom redefines India’s real estate sector

The average Indian consumer is evolving. With the world on the tip of their hands, ambitions are soaring. ‘Affordable spending’ is still in the DNA, but the desire for luxury is slowly transforming the consumer landscape. This analysis is reflective of a recent consumption trend. Luxury housing sales (more than $10 million) accounted for 41 per cent of the total housing sales in the first six months of 2024.

Jul 11, 2024 - 18:30
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Indian consumer trends: Luxury housing boom redefines India’s real estate sector
The average Indian consumer is evolving. With the world on the tip of their hands, ambitions are soaring. ‘Affordable spending’ is still in the DNA, but the desire for luxury is slowly transforming the consumer landscape. This analysis is reflective of a recent consumption trend. Luxury housing sales (more than $10 million) accounted for 41 per cent of the total housing sales in the first six months of 2024.

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