High-End Luxury Segment Contributes 34% to Q1 2024 Residential Launches

02 Apr 2024 CW Team

In the first quarter of 2024, the high-end luxury segment has emerged as a significant contributor to residential launches, comprising 34% of the total. This trend underscores the continued demand for premium housing options and signals optimism in the luxury real estate market.

The surge in high-end luxury residential launches reflects the confidence of developers in catering to the discerning tastes of affluent homebuyers. These developments often boast top-notch amenities, bespoke designs, and prime locations, catering to the aspirations of luxury home seekers.

The strong performance of the high-end luxury segment in Q1 2024 demonstrates the resilience and dynamism of India's real estate market. Despite challenges posed by the pandemic, the demand for premium properties remains robust, supported by factors such as urbanisation, evolving lifestyles, and increased disposable incomes.

Developers are leveraging this demand by introducing innovative and exclusive projects tailored to the preferences of luxury homebuyers. The emphasis on quality, design, and lifestyle amenities sets these developments apart and reinforces their appeal in the market.

As the high-end luxury segment continues to flourish, it is expected to drive further innovation and competition in India's real estate landscape. Developers are likely to focus on delivering exceptional living experiences, thereby shaping the future of luxury residential living in the country.

Overall, the significant contribution of the high-end luxury segment to Q1 2024 residential launches highlights its pivotal role in the overall growth and evolution of India's real estate sector.

Infrastructure Transport

06 Feb 2026

Second Mountain Tunnel Breakthrough in Palghar Advances High Speed Rail

The Mumbai-Ahmedabad high speed rail (MAHSR) project reached a milestone with the breakthrough of a mountain tunnel in Palghar, Maharashtra. Mountain tunnel MT-six measures 454 metres long and 14.4 metres wide and will accommodate up and down tracks. The breakthrough follows MT-five near Saphale on second January 2026 and the MT-six excavation was completed from both ends using the New Austrian Tunnelling Method. The ministry reported that the tunnelling was completed within 12 months. The New Austrian Tunnelling Method is favoured for its flexibility in complex geology and irregular tunnel s..

Modi Government Pushes Atmanirbhar Container Drive With BCSL MoU

The Union Government advanced a plan to create an integrated, domestically anchored container ecosystem with the signing of a Memorandum of Understanding to establish the Bharat Container Shipping Line (BCSL). The MoU was signed by key agencies including the Shipping Corporation of India and Container Corporation of India alongside major port authorities and Sagarmala Finance Corporation Limited under the Ministry of Ports, Shipping and Waterways, in the presence of senior ministers. The initiative aligns with the Container Manufacturing Assistance Scheme announced in the Union Budget 2026–2..

Ministry Reports Gains In Mobility For Marginalised Communities

The Ministry of Social Justice and Empowerment is implementing skill development, education and rehabilitation schemes to promote socio-economic mobility and sustainable livelihoods for marginalised and disadvantaged communities across the country. Programmes target Scheduled Castes, Other Backward Classes, Economically Weaker Sections, De-notified Tribes and Safai Karamcharis through specialised implementing corporations and empanelled training institutes. Pradhan Mantri Dakshata Aur Kushalta Sampann Hitgrahi Yojana, or PM-DAKSH, provided skill training and placement support through the Nati..