Explore Business Standard
Associate Sponsors
Co-sponsor
Sales of luxury homes, costing Rs 10 crore and more, in Gurugram rose 80 per cent last year to Rs 24,120 crore on higher volumes coupled with price rise, according to a report. Real estate consultant India Sotheby's International Realty (ISIR) and data analytics firm CRE Matrix on Monday released a report on Gurugram's primary (first sale) luxury housing market and highlighted that the IT city, located in Delhi-NCR, has beaten Mumbai in sales of homes priced Rs 10 crore and above in value terms. Mumbai saw sales of homes worth Rs 21,902 crore in this price category. As per the data, the sales of luxury homes, prices Rs 10 crore and above, jumped nearly 3 times to 1,494 units in Gurugram during the last calendar year from 519 units in the preceding year. In value terms, the sales increased to Rs 24,120 crore last year from Rs 13,384 crore in 2024. "While Mumbai has traditionally held the crown for being the most expensive real estate market, Gurugram in Delhi-NCR, outpaced Mumbai i
Sales of ultra-luxury homes, each costing Rs 10 crore and above, in Mumbai rose 20 per cent in January-June this year to a record Rs 14,751 crore on strong demand, according to a report. Property consultant India Sotheby's International Realty (ISIR) and data analytics firm CRE Matrix on Tuesday released a report on Mumbai luxury housing market (both primary and secondary). As per the data, the sales of luxury homes (Rs 10 crore and above) in Mumbai in value terms, increased 20 per cent to Rs 14,751 crore in the first six months of this year, from Rs 12,285 crore in the corresponding period of the preceding year. In terms of volume, sales of ultra-luxury homes rose 11 per cent to 692 units in January-June period this year, from 622 units in the year-ago period. "Mumbai's luxury real estate market is at a pivotal moment. Record sales in H1 2025 signal sustained appetite for ultra-premium homes, especially in established micro-markets like Worli, Prabhadevi, Tardeo, Malabar Hill, and