0

0

0

0

0

0

0

0

0

real estate | IST

Explained: Why luxury and super luxury apartments are seeing renewed interest

The last three months have seen some well-known names in India real estate record big-ticket transactions in the luxury and super luxury segments. These developers have sold brand new luxury homes in upmarket residential neighborhoods, in NCR and Mumbai. How was this possible in the present-day economic climate? How did these companies manage to pull off this sales heist?
Was it merely pent up demand at play? Or did developers get a whole other formula right in order to hit the sales jackpot at these projects?