Luxury Real Estate

DLF's The Dahlias in Gurugram redefines luxury living, achieving a record ₹11,200 crore in bookings as India's elite embrace luxury homes like never before.

K Raheja Corp has acquired a 5.75-acre plot in Kandivali East, Mumbai, for ₹466 crore, marking its fourth major property deal in recent months, with plans to develop a premium residential project.

ASK Property Fund and Sotheby’s Realty launch a ₹1,000 crore fund to invest in luxury real estate across Tier-I cities and holiday destinations.

Vibha Shanghvi, from Sun Pharma’s promoter group, has purchased two sea-facing luxury apartments in Worli’s Naman Xana for ₹130 crore, highlighting Mumbai’s booming luxury real estate market.

Luxury real estate in Worli, South Mumbai, shines again as Metro Brands promoters Zia Malik Lalji and Alisha Rafiq Malik secure two sea-view apartments in India’s tallest tower for ₹162 crore, highlighting soaring demand for ultra-luxury homes.

Mumbai’s ultra-luxury real estate hits a new high as Alkem Labs promoter Seema Singh acquires a ₹185 crore, 14,866 sq. ft. apartment at Worli’s Lodha Sea Face, reaffirming the city’s status as a global luxury hub.

Rishabh Family Trust, with Bajaj Auto MD Rajiv Bajaj as a trustee, has acquired a ₹72 crore premium property in Pune's Koregaon Park. The deal includes the historic Krishna Kumar bungalow and outhouse, spanning 16,079 sq. ft. on 1.15 acres.

Gurugram's luxury real estate sector has reached a remarkable milestone with the ₹190 crore sale of a penthouse at DLF’s The Camellias. This record-breaking deal highlights India’s growing economic strength and the rising demand for ultra-luxury properties.

The luxury housing market in India has witnessed an extraordinary boom in 2024, setting the stage for an even more promising 2025. Ghar presents six pivotal facts highlighting the market's transformation and what lies ahead for premium living.

The luxury housing market in Mumbai and six other major Indian cities witnessed significant growth between April and September 2024, with total sales reaching ₹2,78,309 crore. This marked an 18% increase compared to the same period last year, with average prices for luxury homes surpassing ₹1.23 Cr.

With NCR’s pollution levels soaring, interest in second homes in hill stations like Dehradun, Kasauli, Rishikesh, Nainital, and Shimla has skyrocketed. Queries for these scenic getaways have more than doubled, as middle-class buyers from NCR seek budget-friendly escapes within driving distance.

Mumbai's luxury residential sector is a worldwide symbol of grandeur. Channel partners link developers and selective purchasers in this private sector, notably in the ultra-premium category, where knowledge and networks account for over 60% of transactions.

As the demand for high-end living continues to grow, developers are redefining luxury by integrating sustainable practices.

Luxury real estate in India is changing as high-net-worth people (HNIs) seek lifestyle experiences rather than simply properties. Indian billionaires are upgrading to ultra-luxurious living quarters that showcase grandeur, modern technology, and personal taste as their expectations rise.

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.