Tag: luxury housing

The rise in house prices and the higher costs of loans may have dented appetite for low and mid-income segments but luxury house sales are booming and that is where developers are concentrating. The demand for premium and luxury homes has also resulted in a jump in prices, about a fourth in the last five years with most of the increase having taken place in the last couple of years. Premium houses are priced above ₹ four crore.Data from property consulting firm CBRE South Asia shows that luxury...