Luxury Property Home Sales increase to 12%

25 Apr 2022 CW Team

According to a report by Anarock property consultant, luxury homes sale and supply touched a new high in the first quarter of 2022 having the highest sales and supply in the past three years. Pent-up demand, stable prices, and benign interest rates were the major demand drivers.

Luxury property contributed for 12% of overall sales in the first quarter of 2022, in comparison with 7% the first quarter of 2019, since the ultra-high-net-worth individuals rushed to purchase larger homes for accommodating the need for more room during the Covid-19 pandemic.

Anarock Group Chairman Anuj Puri said that the new supply in the luxury property in the first quarter of 2022 marks the highest in a given quarter in three years. According to Anarock Research, a total of 13,330 units had been launched in the luxury category in the top 7 cities. The preceding quarter of 2021 witnessed the second highest supply in the category of around 9,350 units, whereas, the first quarter of 2020 witnessed only 4040 new units.

DLF Home Developers Limited, Group Executive Director and Chief Business Officer Aakash Ohri said that luxury homes are not just about brick and mortar, but an exclusive address with an overall living experience, complemented with an exclusive lifestyle enabling the privacy and comfort of an individual’s home. Among the most significant trends in this year is an influx of demand for homes in the luxury as well super luxury segments.

Image Source

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..