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Unsold luxury homes grow 10%, stock still a fraction of affordable: Anarock

Affordable homes make up 36% of the unsold housing stock, while luxury segment's shares is 14%

Topics
luxury homes | affordable homes | Anarock Property

T E Narasimhan  |  Chennai 



BelAir, a luxury Condo in Alipore, Kolkata

The unsold stock of properties in the luxury housing segment, priced at over Rs 1.5 crore each, has increased by 10 per cent in the top seven cities in 2019 over the previous year, even though the share of the segment in the overall unsold housing stock was lower than that of . comprised around 36 per cent of the unsold housing stock, while the luxury segment's share was less than 14 per cent, according to Consultants.

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First Published: Mon, January 27 2020. 18:18 IST

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