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Luxury market opened up or standstill

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Luxury market opened up or standstill

Last updated: January 31 2019
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  • Luxury market opened up or standstill

    Hello-

    As the virtual recession is going on in realty market, do you guys agree that the luxury market is at a standby or standstill since 2-3 years? Assumptions made on the fact that there are not much takers of luxury properties? Any light.
  • #2

    #2

    Re : Luxury market opened up or standstill

    Your allayed fear is true.

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    • #3

      #3

      Re : Luxury market opened up or standstill

      Depends on location. Luxury market in tier 2 cities is bad. Stagnant in most of tier one cities. But its in better situation in many localities of cities like Mumbai & Delhi where demand is evergreen.

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