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โ€ข In 2023, 58 ultra-luxury homes were sold in Delhi, Mumbai, and Hyderabad, with a total sales value of Rs 4,063 crore.
โ€ข The surge in demand for ultra-luxury properties can be attributed to the increase in the number of wealthy individuals in India and the reshuffling of HNI investment portfolios.
โ€ข Apartments were the preferred property type for HNIs, with 79% of the total deals being for apartments.