Delhi-NCR has become the leader in India’s luxury housing market, seeing a 209% increase in high-end home sales during the first half of 2025. This huge growth mainly shows a strong demand for top-tier properties costing ₹6 crore and more, driven by growing disposable incomes and changing buyer tastes.
Leading the High-End Market
- 3,960 luxury units sold in places like Gurgaon and Noida
- 57% share in total luxury sales across India’s top seven cities
- Triple the units sold compared to 1,280 in H1 2024
Factors Behind the Boom
The impressive growth comes from:
- Growing Wealth: More high-net-worth individuals and inheritance clusters
- Policy Changes: Stable construction rules and infrastructure plans
- Location Benefits: Close to business centers, airports, and lifestyle spots
- Developer Focus: Special luxury projects with eco friendly design
- Interest Rates: RBI cuts and easy financing
| City | Luxury Units Sold (H1 2025) | Price Threshold |
|---|---|---|
| Delhi-NCR | 3,960 | ₹6 crore+ |
| Mumbai | 1,240 | ₹6 crore+ |
| Bengaluru | 400 | ₹5 crore+ |
| Chennai | 120 | ₹4 crore+ |
The Delhi-NCR area now beats Mumbai in ultra-luxury segments (₹50 crore+) with 159 deals compared to Mumbai’s 34. This change shows people prefer bigger homes and better community facilities.
Market Trends
While Delhi-NCR is leading, other cities show different trends:
- Mumbai: 29% growth in ₹6 crore+ segment despite high prices
- Hyderabad/Pune: Small declines due to supply issues and price pressures
- Chennai/Kolkata: Steady demand in mid-tier luxury (₹4–₹5 crore)
RBI’s 100 bps policy cuts and better liquidity keep high-income buyers strong, keeping the premium segment going despite some drops in affordable housing. Developers are meeting this demand with unique projects featuring custom architecture and eco-friendly designs.
This upward trend highlights India’s rising status as a luxury real estate hotspot, drawing in both local high-net-worth individuals and international investors looking for value in established markets.