Luxury real estate markets in India’s top seven cities have witnessed a remarkable surge, with average prices of high-end homes rising by an impressive 24% over the past five years. This significant increase reflects the sustained demand for premium properties, driven by factors such as rising affluence, urbanization, and a desire for luxurious living spaces. The top seven cities have continued to attract high-net-worth individuals and investors, contributing to the robust growth in luxury real estate. This trend underscores the resilience of the luxury property segment and highlights the evolving aspirations of India’s affluent population. It also signifies the evolving dynamics of the real estate market in these cities, where luxury properties remain a sought-after asset class.
Luxury Home Prices Surge by 24% in Top Seven Cities Over the Last Five Years
![](https://affairsace-media.s3.ap-south-1.amazonaws.com/2023/08/10031614/AffordablehousingfaceschallengesamidsoaringratesinHyderabad-860x537.jpg)