40% home buyers seek luxury and premium properties: ANAROCK, CII

Despite economic uncertainties, 40% of homebuyers now plan to buy premium and luxury properties in the country's top seven markets, according to the latest report prepared by real estate consultant Anarock and the Confederation of Indian Industry (CII).

Four in ten potential home buyers now plan to buy premium and luxury real estate in the country's seven main markets during the Covid-19 pandemic.

The latest report, jointly prepared by real estate advisor Anarock and CII, shows how radically the Covid-19 pandemic has changed buying preferences.

According to the report, for the first time, demand for affordable housing - traditionally an attractive option for most - is now close to that of premium housing.

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