A recent report by ANAROCK suggests as many as 16,100 new units have been launched in the luxury segment priced over Rs 1.5 crore across the top seven cities in India in the first half of CY19
Tardeo in Mumbai has emerged as the costliest location, followed by Worli and Mahalakshmi, which command a price of Rs 41,500 and Rs 40,000 per sq. ft. respectively.
Hyderabad saw a y-o-y decline of over 50 per cent in the launch of residential units, mostly due to an already large inventory overhang