A sharp rise in demand for high-end homes priced at ₹4 crore and above is driving the Indian luxury real estate market to a huge boom in 2024. Rich buyers are prioritising better living situations, which is causing big towns to grow a lot. Ghar checks numbers and trends defining India luxury realty.

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.

In the June quarter, India's top 21 listed real estate developers sold approximately ₹35,000 crore in homes, with Godrej homes having the largest sales bookings. This strong result shows rising customer demand for premium properties.

NBCC has sold 533,000 sq ft of commercial space in two New Delhi developments, earning nearly ₹2,251 crore. The World Trade Centre project in Nauroji Nagar and the Sarojini Nagar Downtown project are both sold out, a major milestone for the firm.

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.

City residents like owning and investing in a vacation property. However, the key issue remains: apartment or separate property? Ghar compares pros and cons to help you decide.

Star Kangana Ranaut has placed her Pali Hill mansion in Bandra West for sale at a price of ₹40 crore, causing a stir in the Mumbai luxury real estate market.

Pune is one of India's top locations for high-net-worth individuals due to its booming luxury real estate sector. Pune's combination of history and modern living attracts affluent purchasers. Ghar's data-rich research of Pune's luxury real estate boom will benefit industry experts and fans.

Discover how Pune luxury real estate became a powerhouse. Pune's property market has high-end residences, unique projects, and record sales thanks to the IT and automotive sectors. Ghar discusses Pune luxury real estate's rise from Koregaon Park to Viman Nagar and Kharadi.

DLF reported a 23% year-on-year growth in net profit to ₹646 crore in Q1FY25. Outstanding growth was fuelled by ₹6,404 crore in sales bookings, a 214% rise from the previous year. The company's consolidated revenue increased 14% year-over-year to ₹1,730 crore.

Paradigm Realty of Mumbai launched a 2.5 million sq. ft. Mahavir Nagar, Kandivali (W) redevelopment project. The project, located on a ~4-acre site block, offers free-sale RERA carpets up to 1 million sq. ft. and has a gross development value of over INR 3500 crore (USD 0.44 billion.

Signature Global's Titanium SPR residential property in Sector 71, Gurugram, sold well. Boston Consulting Group's digital sales process has generated approximately INR 2700 crore, with further sales likely when the allocation is finalised. This raises the bar for regional luxury homes.

Rajesh Labhubhai Lakhani, Director of Kiran Gems, a leading diamond maker, bought a sea-view flat in Mumbai's posh Worli neighbourhood for over 97 crore. This 14,911-square-foot RERA carpet apartment sits on the 44th floor of Three Sixty West on Dr Annie Besant Road.

Real estate giant Sobha Group will affect Mumbai's luxury home market. The business plans to treble annual sales bookings to ₹30,000 crore in the next 4-5 years via an aggressive growth strategy.

Godrej Properties, a significant real estate investor, plans to launch Rs 30,000 crore in residential projects in India's main cities this fiscal year. Due to strong demand, the firm wants to expand sales bookings by 20%.