Luxury Living on the Rise: India's High-End Market Sees Stunning 28% Jump

India's high-end real estate market has seen a stunning 28% year-over-year sales growth in the top seven cities during the first quarter of 2025. This is fueled by strong demand from high-net-worth individuals (HNIs) and non-resident Indians (NRIs), who are now investing in high-end properties for their exclusivity and enhanced lifestyle amenities.

Key Highlights:

Ultra-Luxury Homes Boom: Sales of ultra-luxury homes worth above ₹50 crore witnessed a phenomenal 483% year-over-year increase, indicative of the compelling trend towards bigger and better homes.

Premium Segment Dominance: Above-₹1 crore homes contributed 46% towards overall sales, indicative of the persistent premiumization trend in the market.

Regional Performance: Markets such as Pune and Chennai topped sales volume growth, while Mumbai remained the maximum residential market.

Supply and Demand Dynamics: Despite a 3% increase in new launches, supply continues to outpace demand, with Bengaluru recording the highest launch growth at 26%.

This rise reflects the resilience and popularity of the luxury segment, fueled by changing buyer preferences for upscale living areas. As the market matures, luxury residential real estate is likely to continue as a top driver for India's real estate market.

Source: Knight Frank India, Business Standard, and News24.