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Ultra-luxury homebuyers move quick: Conversion time down to 15 days in 2025

Business Standard LogoBusiness Standard2d ago

Ultra-luxury homebuyers move quick: Conversion time down to 15 days in 2025 - Business Standard

Quick Summary:

An alaysis of the budget category data shows that ultra-luxury homes (priced >Rs 3 Cr) involve the lowest conversion time, clocking in at just 15 days in H1 FY 2025.

Also, high-end homes are currently in greatest demand and desirable inventory tends to sell out fast, necessitating a need for speed," said Anuj Puri, Chairman - ANAROCK Group.

The conversion for homes priced between Rs 1 crore to Rs 3 Crore stood at 27 days in H1 FY 2025.


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Article Details

Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 16:06:38 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 617 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23513166

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 340 posts per day

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News Last Updated: 5 hours ago

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