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

10 Apr 2026

Güntner Showcases Cooling Tech at China Expo

Güntner showcased its latest refrigeration and air conditioning innovations at China Refrigeration 2026, highlighting digital intelligence and carbon-neutral solutions.The company presented its aicore™ Controls and IoT platform, designed to optimise energy consumption, enable remote monitoring and enhance lifecycle management of cooling systems. The solution integrates advanced controllers and cloud-based capabilities to improve operational efficiency and reduce energy use.Güntner also demonstrated advancements in heat pump technologies, including its role in projects such as the Ordos Zer..

Superb Realty Ties Up with Praan for AI Air Tech

Superb Realty has partnered with Praan to deploy AI-powered autonomous air infrastructure across over one million sq ft of real estate in Mumbai, marking a significant move towards intelligent indoor environments.The rollout will begin at Superb Altura and expand across upcoming residential and mixed-use developments. The initiative aims to integrate real-time sensing, adaptive purification and AI-led optimisation to improve indoor air quality and occupant experience.Praan’s technology is designed to remove ultrafine particles significantly smaller than conventional systems and eliminate har..

DAAKit Raises $138,000 in Pre-Seed Round

DAAKit has raised $138,000 in a pre-seed funding round led by Inflection Point Ventures to expand its hyperlocal fulfilment network and strengthen technology capabilities.The company plans to use the funds to launch 25 new dark stores across Tier I and Tier II cities, enhance its technology infrastructure, and expand its leadership and operations teams. Currently operational in Delhi, Gurugram, Mumbai, Bengaluru and Kolkata, DAAKit is also piloting expansion into Tier II markets through Lucknow.Built on an asset-light, technology-driven model, the platform enables brands to position inventory ..