An analysis by commercial real-estate services company Jones Lang LaSalle Incorporated (JLL) showed, the Indian residential market saw significant growth in Q1 of 2023, due to a combination of factors like conducive government policies, infrastructure growth, and robust launches. As many as 62,000 housing units were sold in the top cities in India in the first quarter of 2023, with Bengaluru leading the market in terms of quarterly sales, with a 21 per cent share, closely followed by Mumbai, with a 20.9 per cent share. Bengaluru, Mumbai, and Pune together account for 61 per cent of the quarterly sales.These three markets have also witnessed heightened activity in terms of new launches.The premium segment, with apartments priced above Rs 1.5 crore, saw a 22 per cent share in overall sales, reflecting a rising demand for bigger homes with good amenities and support infrastructure. To meet this demand, developers are increasingly focusing on premium and luxury housing, accounting for 27 per cent of new launched. Pune contributed 19.4 per cent to the quarterly sales. Delhi NCR has also posted healthy sales numbers, primarily on the back of robust launches by established developers, particularly in Gurgaon.