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Below the Expert Views on Anarock report, Housing sales down 11% in Jul-Sept, avg prices up 23% in 7 cities By Mr. Mohit Jain, Krisumi Corporation

Over the last couple of years, the Indian real estate sector, especially the mid and luxury residential segments, has experienced significant growth.  Middle and upper-middle-class buyers are showing a strong preference for spacious homes equipped with state-of-the-art amenities and top-notch facilities. The demand for luxury units priced in the ranage of Rs 3 crore- Rs 5 crore, mostly comprising high end apartments and villas) has witnessed tremendous demand particularly in Gurugram. This upward trend is expected to continue over the next couple of years and the upcoming festive season may well provide a glimpse of the same.

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