The luxury housing segment saw a 68% decline in absorption during the first quarter of 2012 compared with the year-ago period. In this episode, experts, Samir Jasuja, founder and CEO of PropEquity, Bharat Dhuppar, CMO of Omkar Realtors, and Vineet Relia, COO of SARE Homes, discuss all about the luxury housing market in India. Also on the show, what should you expect if a project is being sold to you as luxury.