There is no shortage of rich people in the country. There are some cities where people are showing their richness by spending a lot of money on luxury houses. According to a recent report, the purchase of luxury houses has come up to 85 percent within just 6 months this year and the interesting thing is that only 7000 units of expensive houses have been sold in only 7 cities of the country.
According to the latest report of CBRE South Asia Private Limited and Assocham, 4000 luxury housing units were sold in Delhi-NCR from January to June 2025, which is three times more than the same period last year. This figure makes Delhi-NCR the largest center of luxury real estate in the country. Developers in this region have given special attention to premium features and modern design, which have attracted buyers.
Strong demand in Mumbai too
Mumbai, which has always been a stronghold of luxury housing, has also performed brilliantly this year. During January-June 2025, 1240 luxury units sold in Mumbai, which accounts for 18% of the total luxury sales. This figure is 29% higher than last year. The demand for sea views, modern facilities and premium location houses has seen a boom in high-profile areas of Mumbai.
Low increase in Pune and Chennai
According to the report, there was only 5% stake in the sale of luxury housing in cities like Pune and Chennai. However, the demand for luxury projects in these cities is also increasing gradually. Developers are focusing on quality and transparency in these areas to win the trust of buyers and increase the market share.
30% jump in launch of luxury units
7300 luxury housing units were launched between January and June this year, which is 30% higher than last year. This growth shows that developers are working fast to meet the increasing demand in the luxury segment. Features like premium facilities, environment-friendly design and advanced technology are making these projects special.
Demand and supply balance
In the IANS report, CBRE managing director (capital markets and land) Gaurav Kumar said, “There has been a significant increase in both demand and supply in luxury housing.” This trend reflects the changing priorities of buyers. He further informed that India’s real estate market is becoming attractive for global and domestic investors. High net worth individuals, ultra-high net worth individuals and NRIs are giving priority to luxury properties as safe investment between global economic uncertainties. The benefit of strong US dollars is also attracting these investors towards India.