Residential sales continue to gain momentum, reaching multi-year highs. Properties priced over ₹1 core saw a 39% Y-o-Y increase, while the mid-segment, ranging from ₹50 lakh to ₹1 crore, witnessed a 14% year-on-year rise.
The high demand for second homes in Goa, particularly in the luxury segment, is growing with most of the demand focusing on the Rs 1 crore to Rs 3 crore price band.
Luxury real estate in India is an attractive prospect for a comfortable lifestyle and has always been conceived as a wise long-term investment. The enticing lifestyle and high returns appeal to discerning buyers worldwide. However, navigating the Indian luxury real estate market requires a refined approach and smart decision-making.
