High-end, luxury segment contribute 34% to Q1 2024 residential launches

Launches led by established developers, says report

The high-end and luxury segment’s share has steadily increased from 13-14% in 2019 to more than 30% post 2022.

Indian residential real estate has witnessed a robust momentum in the first quarter of 2024 fueled by sustained high demand.

Mid-segment housing continues to be the volume leader

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Accounting for over 50 per cent of launches, consistent with the past 3-4 years.

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