The luxurious property market in India experienced significant progress in 2023, with gross sales worth of properties priced at Rs 50 crore and above reaching Rs four,319 crore, a notable increase from the previous 12 months. Mumbai led in transactions, reflecting a pattern in the path of opulent living areas. Play a key position in the housing market, as a result of mortgage charges immediately impression the price of borrowing for a homebuyer. When mortgage charges transfer higher, month-to-month mortgage funds go up, which may restrict how a lot residence a homebuyer can afford of their month-to-month budget and the …