Share of loans for homes valued at Rs 75L+ grows 1.5x in 4 years
Monday, 9 September 2024
Residential real estate sales in India are being driven by premium and luxury housing, with home loans for properties valued at Rs 75 lakh and above rising from 19% in March 2020 to 31.4% in March 2024. Knight Frank reports that homes priced over Rs 1 crore now represent 41% of housing sales, indicating a consistent growth trend.
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