58 homes priced over Rs 40 cr sold in India this year, 4 above Rs 200 cr
Source Credit: Sunainaa Chadha, Business Standard
New Delhi: Ultra-luxury homes which are priced over Rs 40 crore each, have had an unprecedented bull run in 2023, with both the number of sales and sales value of such assets hitting new peaks. Data from property consulting firm Anarock shows that 2023 till date seen a nearly 250 per cent yearly surge in terms of the total sales value of ultra-luxury homes against the whole of 2022.
“A total of 58 ultra-luxury homes have been sold across the top 7 cities in 2023 to date, for a collective sales value of approx Rs 4,063 crore. In contrast, the whole of 2022 saw a total of 13 ultra-luxury homes sold in these cities for a total sales value of approximately Rs 1,170 crore. In terms of ultra-luxury property sales, 2023 has already made Indian real estate history even before it is over," said Anuj Puri, Chairman – ANAROCK Group.