India, Sept. 9 -- The supply of luxury real estate remains limited, especially compared to the growing number of affluent homebuyers across the country. Post-COVID wealth creation has led more people to seek larger homes with better amenities and enhanced living spaces. While these factors indicate sustained demand for luxury housing in the years ahead, it does not mean prices will continue to rise indefinitely, Anshuman Magazine, chairman and CEO for India, South-East Asia, Middle East & Africa at CBRE told HT.com

"If you look at the supply of luxury real estate in numbers across Mumbai, NCR, Bengaluru, Hyderabad, Pune, Chennai, these numbers are not large. Compare the supply coming in to the number of people who are becoming wealthier....