Luxury car sales in India rose only 3% in the March quarter, with roughly 14,000 vehicles priced over Rs 40 lakh finding buyers. The slowdown trails the wider market as affluent customers hold onto cash amid geopolitical and economic uncertainty. Still, BMW stood out with a 17% sales jump, underscoring uneven demand across brands.
With international uncertainty rising, wealthy Indians are reconsidering overseas property bets. Market observers say some capital is starting to tilt back toward India’s mid and luxury residential segments, as NRIs explore diversification closer to home. Experts view Indian real estate as a stable long-term option, and demand signals like rising buyer enquiries reinforce the shift.
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