Share of luxury and affordable home sales in India 2019-2024

Published by
Manya Rathore,
Sep 17, 2024

In the first quarter of 2024, the share of luxury home sales almost equaled that of affordable homes, reaching 21 percent. The share of luxury homes continuously increased since 2019 during the recorded period, whereas the share of affordable housing dropped until 2023 with a marginal rise in 2024.

Luxury and affordable home sales as a share of total sales in India from 2019 to 2024

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Release date

May 2024

Region

India

Survey time period

2019 to 2024

Supplementary notes

Until Q1 2024

Data refers to sales in the top seven cities in the country. 

Luxury homes refer to housing priced over 15 million INR or above.

Affordable homes refer to housing below 4 million INR or below.

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