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Podcast: Keeping it Real by Housing.com
Episode: Keeping it Real by Housing.com - Episode 54: Luxury Homes on the Rise: What’s Driving Demand?
Description: Welcome to another episode of "Keeping It Real" by Housing.com. In this episode, we explore the impact of Finance Minister Nirmala Sitharaman’s 2024-25 budget, which allocated Rs 2.2 lakh crore to boost affordable housing in urban areas—a segment long in need of support. The government aims to build one crore new homes under PMAY-Urban for low and mid-income households. Despite this, the luxury housing segment is booming. A recent PropTiger.com report shows that 43% of new launches in Q1 2024 were in the high-end category, priced above one crore rupees, with 38% of sales in this segment.
Joining us is Vika...