Luxury Homes Skyrocket as Affordable Flats Take a Plunge

Finance

EnglishEnglish

Luxury Homes Skyrocket as Affordable Flats Take a Plunge

India's housing market is doing a dramatic flip! Luxury homes are on the rise, while those below Rs 1.5 crore are vanishing faster than socks in a dryer. In 2022, they made up 85% of new homes, but now they're down to 47%. Developers are cashing in on the high-end market, leaving affordable options behind as the rich get richer!