Ultra-luxury homes which are priced over Rs 40 crore each, have had an unprecedented bull run in 2023, with both the number of sales and sales value of such assets hitting new peaks.
The study by the real estate consultancy firm, Anarock, said that approximately 6,400 new residential units were launched between July and September 2022. In comparison to the previous quarter, new launches grew by 57 per cent but saw a 24 per cent decline on a YoY basis.
A development management deal has been inked between Ambuja Neotia and the Fort Group at a premium location in North Kolkata.
