Luxury real estate in India is having a stellar run post pandemic with sales touching a high in the first six month of the year.

According to a latest report by CBRE, total sales of luxury units (₹4 crore and above) stood at 8,500 units between January and June, compared with 6,700 units in the same period last year, up by 27 per cent. During April-June, the rise was 40.1 per cent.

The sale is driven by affluent buyers. In a recent transaction, an ultra-luxury flat spanning 11,000 sqft at The Camellias in Gurgaon, on the prestigious Golf Course Road, was sold for a staggering ₹114 crore, highlighting one of many such high ticket transactions in the past few quarters.

Another residence at The Camellias, developed by DLF, India’s largest listed real estate developer, fetched ₹95 crore.

Catering to this burgeoning demand for luxury homes, DLF recently announced super luxury projects in Goa and Gurgaon.