affordable housing crisis

India’s Luxury Housing Boom Widens Homeownership Gap India’s real estate sector is booming, but not everyone is celebrating. A growing trend among major developers is pushing the market further into the luxury space—leaving millions of middle-class and first-time homebuyers behind. Over the past two years, top Indian developers like DLF and Godrej Properties have shifted focus toward high-end residential projects. These premium homes, often priced above 20 million rupees (USD 240,000), are increasingly dominating new launches in urban centers such as Mumbai, Delhi NCR, and Bengaluru. Record Profits, Rising Prices This shift has brought record profits for developers. In Q1