Share of loans for homes valued at Rs 75L+ grows 1.5x in 4 years

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.

Sep 9, 2024 - 07:30

Share of loans for homes valued at Rs 75L+ grows 1.5x in 4 years

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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.