ICRA said premium homes are driving India's housing sales, with luxury area up 14% and affordable down 9% in FY26. Bengaluru's ₹2-5 crore segment grew its share of sales value, CRE Matrix reported.
Golf Course Extension Road is a key focus of Gurugram's luxury launch pipeline, The Economic Times reported. CRE Matrix data shows its luxury transactions rose 379% in 2025, to ₹3,319 crore.
Bandra Bay in Mumbai surges as a prime luxury real estate destination, boasting 46% price appreciation potential driven by ₹3.6 lakh crore infrastructure boosts and scarce land. Worli hits ₹1.2 lakh/sq.ft., Bandra West at ₹81,000, heading to ₹1.5 lakh amid ₹1 lakh crore in luxury housing and retail projects from top developers.
Mumbai's ultra-luxury housing market achieved record-breaking ₹14,750 crore sales in H1 2025, marking an 11% YoY surge. Micro-markets like Bandra West (192%) and Tardeo (254%) saw explosive growth in premium properties, with primary sales dominating at 75%.
Red Fox IT Infra LLP, a Redbrick Offices subsidiary, acquired over 87,000 sq ft of office space in Mumbai's Times Square for ₹267.5 crore across two deals, paying ₹8.02 crore in stamp duty.