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 Urban

04 Dec 2025

ISRO’s IMAT Success Boosts Readiness for Maiden Gaganyaan Mission

Union Minister of State for Science and Technology Dr Jitendra Singh informed Parliament that ISRO has achieved a key milestone in its preparations for India’s first human space mission with the successful completion of the Integrated Main Parachute Airdrop Test (IMAT). He said in the Lok Sabha that the test forms a central part of the qualification campaign for the Crew Module’s parachute-based deceleration system, one of the most vital elements in human-rating the mission.According to Dr. Jitendra Singh, the IMAT recreated one of the most demanding descent conditions by intentionally del..

Gyanesh Kumar Takes Charge as Chair of International IDEA Council

Chief Election Commissioner of India Gyanesh Kumar has assumed the Chairship of the Council of Member States of the International Institute for Democracy and Electoral Assistance for 2026. The ceremony in Stockholm was also attended by India’s Ambassador to Sweden, Anurag Bhushan. India, a founding member of International IDEA, has long contributed to the organisation’s governance and global democratic dialogue, and the new Chairship signals broad recognition of the Election Commission of India as a trusted and innovative election management institution.During his visit, Kumar held discuss..

Coal Mines Boost Local Growth and Support India’s Energy Self-reliance

The Magadh and Amrapali coal mines in Jharkhand are playing a pivotal role in strengthening India’s energy security, contributing nearly half of Central Coalfields Limited’s total coal production in 2024–25. Both mines support the broader goal of ensuring steady coal availability for the power sector under the vision of Aatmanirbhar Bharat. Magadh has estimated mineable reserves of 854.91 million tonnes, while Amrapali holds 456.34 million tonne. For FY 2025–26, the two are expected to generate net sales revenues of Rs 28.12 billion and Rs 23.67 billion respectively. Local development ..