As per the CBRE South Asia report, ‘India Market Monitor Q4 2023’ the luxury segment housing (units priced Rs.40 million and above) recorded a 75 per cent Y-o-Y growth in sales in 2023. Around 45 per cent Y-o-Y increase in unit launches was recorded in 2023. The percentage share of the segment in residential sales stood at 4 per cent in 2023. Delhi-NCR recorded the highest surge registering a 197 per cent Y-o-Y increase followed by Pune, Hyderabad and Mumbai, registering an annual growth of about 144 per cent, 64 per cent, 24 per cent and 4 per cent respectively. Contact: CBRE South Asia Website: www.cbre.co.in