Luxury Housing Leads India’s Property Boom: Prices Jump 40% in Top 7 Cities Since 2022; Affordable Segment Lags at 26%

Luxury homes priced above ₹1.5 crore have surged 40% across India’s top 7 cities since 2022, with NCR leading at 72% price growth. Affordable housing lags at just 26% as demand shifts toward premium and luxury segments.

Infrastructure Boom: How Connectivity is Driving Property Prices in Chembur

Chembur’s real estate market is on an upward trajectory, fueled by infrastructure development and improved connectivity. With property prices soaring from ₹20,000 to ₹35,000 per sq. ft. in recent years, the suburb is now a prime investment destination. Upcoming metro lines, expressways, and luxury housing projects are further enhancing its appeal, making Chembur a hotspot for homebuyers and investors.