The top 7 cities’ luxury property prices increased by 24%.

luxury property prices have increased by 24% in India’s top seven cities over the previous five years, outpacing the rise in the value of affordable housing.

The average price of a luxury property in the top 7 cities in 2018 was over ₹12,400 per square foot.

Bengaluru and the Mumbai Metropolitan Region (MMR) both had significant 27% increases.