Blitz Bureau
NEW DELHI: The luxury housing segment in India clocked an 85 per cent (year-on-year) growth in sales in the first six months this year, with approximately 7,000 units being sold across the top seven cities, a report showed on July 11. During the January-June period, Delhi-NCR led in sales with 4,000 luxury units accounting for a share of 57 per cent share, recording a threefold growth compared to the corresponding period in the previous year, according to the report by CBRE South Asia Pvt. Ltd, India’s leading real estate consulting firm, and apex business Chamber Assocham.
Mumbai followed with sales of 1,240 luxury units, constituting 18 per cent of the overall luxury sales during H1 2025 and registering 29 per cent growth during the period. Furthermore, traditionally mid-end dominated markets such as Chennai and Pune cumulatively recorded 5 per cent of the overall luxury sales during H1 2025.
The January-June period this year also witnessed 7,300 luxury unit launches, recording 30 per cent annual increase.
“India’s residential market has entered a phase of strategic resilience. While macroeconomic fundamentals remain strong, the standout growth of luxury and premium housing indicates rising consumer confidence and lifestyle aspirations,” said Gaurav Kumar, Managing Director, Capital Markets and Land, CBRE India.
Developer focus has realigned toward quality, transparency, and experience, all of which are key to unlocking the sector’s next wave of growth.
