In 2024, Mumbai sold 21 of 25 ultra-luxury properties in India's top 25 cities. HNIs and ultra-HNIs drove demand for mansions exceeding Rs 40 crore, worth Rs 2,443 crore. Mumbai, Hyderabad, Gurugram, and Bengaluru became luxury property hotspots as transactions increased.

Hyderabad's residential market is changing. Hyderabad Luxury property sales and launches dominate the market. Mid-end units made up more than half of yearly sales until 2021, but this trend has changed.

Hyderabad-based Lansum Properties acquired a 3.6-acre Bengaluru land tract for over ₹200 crore. Sources say this outstanding Kokapet area would be developed into premium housing. Lansum Properties secured ₹250 crore from IndusInd Bank to fund this ambitious luxury project.

Nilima Prasad Divi, daughter of Divi's Laboratories founder Murali Divi, invested ₹80 crore in two prominent homes in Hyderabad's luxury real estate market.

The Indian housing market hit a new milestone in FY24, with sales reaching an all-time high over the past decade. A remarkable 5 lakh units were sold, marking a significant leap in the demand for homes.

Prestige Group, a renowned Bengaluru-based real estate developer, wants to build 9 million square feet of mall space in important Indian cities within three years. Muhammad Ali, Retail CEO, is planning to expand into Mumbai and Delhi-NCR, signalling a major development phase for the organisation.

A Hyderabad luxury residence bought by Metamor Software Solutions directors Meghna Dilip Bhanushali and Tummala Vipul Reddy for INR 48 crore is one of the city's most costly residential transactions in recent years.

GV Krishna Reddy, the founder and head of the infrastructure firm GVK Group, has sold two residential homes in Hyderabad for around INR 73.81 crore.