The residential realty sector is surging is booming in the first quarter of 2024 but only for luxury market as affordable housing continues to bleed, according to the latest data from Anarock Research. The share of premium houses (homes priced above Rs 1.5 crore) stood at 21 per cent in the first quarter this year across the top seven cities in overall launches. While the mid and high-segment homes (priced between Rs 50 lakh to 1.5 crore) comprised 59 per cent of the sales. This contrasts sharply with the trend of five years ago. In Q1 2019, affordable housing was at its peak, holding a share of 37 per cent out of approx. 78,525 units sold across the top 7 cities. Luxury housing had a mere 4 per cent share.