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India’s housing market sees structural shift towards premium, luxury homes: CareEdge Ratings

Economic Times Markets
India’s housing market sees structural shift towards premium, luxury homes: CareEdge Ratings
Economic Times Markets

India’s housing market is seeing a structural shift towards premium and luxury homes, with affordable housing losing share in new launches. CareEdge Ratings said stronger demand from affluent buyers and rising development costs are driving the shift, even as housing sales moderate in some major cities amid affordability pressures and cautious sentiment.

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