Gurugram has surpassed Mumbai in the total sales value of luxury homes priced at Rs 10 crore and above, recording Rs 24,120 crore in transactions during the calendar year 2025.
The luxury housing market in India experienced a significant boom during the first nine months of 2024 with sales of high-end residential units (priced at Rs 4 crore and above) soaring by 37.8 per cent year-on-year, according to a CBRE report.
The average ticket price of homes priced above Rs 40 crore has witnessed a 2 per cent rise in the last 8 months--from Rs 1,00,208 per sq. ft. in 2023 to Rs 1,02,458 per sq. ft. in August 2024