Data from JLL shows a 9 percent jump in sales for luxury homes priced Rs 5 crore and above in Delhi-NCR in H1 2025, with 5,168 units sold, accounting for 65 percent of all luxury housing sales nationwide, which, experts say, reflects a deeper aspiration for quality living, privacy and world-class amenities among HNIs, young professionals and NRIs.
Worli retained its lead as the most preferred luxury destination, contributing 22 percent of primary sales value. Other thriving micro-markets included Bandra West, Tardeo, Prabhadevi, and Malabar Hill.
The project ‘Estates 360’ at Gurugram will come up at the cusp of Dwarka Expressway, CPR and NH-8 in Gurugram. The project will have one-third of the total luxury apartments dedicated for senior living.
Of total luxury housing sales in NCR in the first half of 2024, Gurugram saw the highest with 10,365 deals, followed by Noida and Greater Noida together with 3,550 while Delhi proper, Ghaziabad, Faridabad and Whiwadi accounted for 715 units.
In terms of quantum luxury residential unit sales, Delhi-NCR topped with sales of 3,300 units, a 13.8 percent Y-o-Y increase, followed by Mumbai at 2,500 units, recording 13.6 percent Y-o-Y growth.
The company has pre-launched a 2-acre project — Prestige Ocean Towers, which has just 169 residences across two towers.
Real estate consultant Knight Frank India on November 1 released Prime Global Cities Index Q3 2023' and said Mumbai, Bengaluru and New Delhi recorded an increase in average annual prices of prime residential or luxury homes in the July-September period.
The demand for luxury residential properties have surged during the last two years.
In the last couple of years, at least three buildings have come up in the Mumbai Metropolitan Region with the option of a loft apartment.
The company plans to focus on the residential luxury segment in prime locations of Mumbai and is open to the redevelopment of old buildings in Mumbai.
The company is also looking to launch two luxury projects in Powai where it has 13 acres of unused land.
Just before amendments to Sections 54 and 54F of the Income Tax Act, 1961, kicked in on April 1, Mumbai witnessed a rush to register high-end properties in February and March. Budget 2023 has set a Rs 10-crore cap on the reinvestment of capital gains from the sale of long-term assets, including property
A dozen homes worth more than Rs 100 crore were sold in Mumbai and Delhi in 2022. The largest transaction in the year was of a Rs 333-crore property sold in Juhu that was bought by Agarwal Holdings Private Limited, owned by the promoters of Macleods Pharmaceuticals, data collated by Zapkey.com showed. More than 150 high-end properties worth around Rs 7,500 crore were sold in 2022. Here’s a list of ten most expensive homes sold in 2022.
Real estate consultant Anarock noted that demand for luxury residential properties -- for buying and renting -- in upscale colonies has increased across the seven cities namely Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.
Goa-based developer is planning to build villas and a hotel. Suraj Morajkar, MD, Sun Estates told Moneycontrol that the company will be investing around Rs 100 crore in the resort project. The villas will be independent. However, buyers have the option to sell it back to the hotel chain if they so desire.
At its core, Bollywood celebrities and Indian cricketers do transactions not very different from the rest of us. But there’s more to the story.
Luxury housing in India refers to the category of homes which are bought by people who do not necessarily come from 'old wealth' but have often managed to rise above the 'middle class' median by dint of entrepreneurial success, savvy investments, sheer hard work - or, in some cases, financial windfalls
JLL has prepared a list of preferred destinations to buy a house in India.
When we have foreign direct investment of money and a direct investment of global standards and practices, real estate sector is bound to grow.
The real estate sector addresses one of the basic needs of mankind, a home
On analyzing the unfolding luxury homes story in India, it becomes evident that addresses and pin codes have played an important role in defining luxury in the traditional sense. This continues to be relevant even in the current times, with only a few exceptions to the rule in the country‘s key cities.
Even though the concept of branded homes is new to the Indian real estate market, the segment is growing as it is targeting the audience with factors such as comfort and luxury
Real estate developers are offering luxurious high-end properties to ultra-rich buyers willing to splurge on their acquisitions.
The number of Venezuelans hunting for luxury homes around the world jumped by a greater degree than any country in 2012 as political uncertainty escalated in the South American nation, a report from property consultant Knight Frank shows.
India's biggest property developer DLF, burdened by debt and sluggish demand, is reining in its once-aggressive pan-India plans to focus on the familiar territory of its home market in northern India.