Premiumisation fuels India’s housing growth; Mid-income, luxury homes drive demand

India's real estate market is shifting towards premium properties due to growing higher-income urban groups and an improving economy. Sales of luxury homes have significantly increased. Homebuyers prioritize quality, privacy, and superior amenities. Strong demand and sales continue to drive prices up in major cities, reflecting an upgrade in lifestyle preferences.

Jan 7, 2025 - 06:30
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Premiumisation fuels India’s housing growth; Mid-income, luxury homes drive demand
India's real estate market is shifting towards premium properties due to growing higher-income urban groups and an improving economy. Sales of luxury homes have significantly increased. Homebuyers prioritize quality, privacy, and superior amenities. Strong demand and sales continue to drive prices up in major cities, reflecting an upgrade in lifestyle preferences.

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