New Delhi, Aug. 27 -- The floor plan is not the same product it was three years ago. What India's wealthiest homebuyers paid Rs 60 lakh for in 2022, they are buying today at Rs 1.5 crore and above, and they are doing it in the largest numbers in nine years. That behavioral shift - affluent urban India moving decisively up the housing stack - explains why DLF's quarterly pre-sales figure has doubled since fiscal 2024, and why the Nifty Realty index added 18 percent in the first quarter of fiscal 2027.

units priced above Rs 1 crore - rose 47 percent year-on-year in Q1 FY27, the strongest first-quarter reading since 2015. Mid-segment launches grew at roughly a third of that rate. The bifurcation is not cyclical noise. Developers have been d...