Luxury housing sales hit a new high in Delhi-NCR – Here’s why

financialexpress.com:

A recent research report by Anarock has indicated a remarkable upswing in luxury housing sales, particularly in Delhi-NCR. The report highlights a surge in the sale of luxury homes worth Rs 1.5 crore and above, showcasing the growing popularity of opulent living spaces. The remarkable surge in the sales of luxury homes reflects the strengthened real estate sector in Delhi-NCR.

The doubling of sales from 6,210 units in January-September 2022 to 13,630 units in the same period in 2023 underscores the robust demand and increased supply of upscale residential projects in the region. This surge can be attributed to the unique blend of prime locations, exquisite interiors, cutting-edge amenities, security, and sustainability offered by luxury homes.

Commenting on the report, Amit Modi, Director, County Group, said, “It is a clear validation of the resurgence in the luxury real estate market. Luxury homes are redefining the landscape with state-of-the-art amenities, lavish interiors, and exquisite locations, attracting an ever-increasing number of discerning buyers. We’ve witnessed an unprecedented demand for our upscale properties in Delhi-NCR. The key to our success lies in delivering homes that exceed expectations – in terms of both aesthetics and functionality. Luxury homebuyers are investing in not just a house but a statement of their success, and we’re excited to be a part of this evolving trend.”

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“We’ve seen the demand for luxury residences increase dramatically over the last few months, and this report substantiates that trend. Luxury homes have always been synonymous with elegance and extravagance, offering a lifestyle that transcends the ordinary. The