India’s luxury real estate market is witnessing unprecedented growth, with ultra-luxury home sales reaching record levels in 2024.
A total of 25 homes, each priced over Rs 100-200 crore, were sold last year, amounting to Rs 3,652 crore. This trend continues into 2025, with four homes worth Rs 850 crore sold in just two months.
The increasing number of ultra-high-net-worth individuals is driving this surge, surpassing previous years’ sales figures.
Over the past three years, 49 ultra-luxury homes have been sold in Mumbai and Delhi NCR, totaling Rs 7,500 crore.
Apartments now dominate the ultra-luxury segment, accounting for 65% of sales, while bungalows make up 35%. Most transactions fall within the Rs 100-200 crore range.
High-rise apartments with premium amenities are redefining luxury living. Some properties have sold for Rs 200-500 crore.
With India’s billionaire count rising, demand for these exclusive homes is expected to remain strong.
