Delhi-NCR Sees Triple Growth in Luxury Home Sales in H1 2025
Delhi-NCR's luxury home sales have tripled in the first half of 2025, reaching 3,960 units, a significant increase from the 1,280 units sold in the same period last year. This surge reflects strong consumer confidence and rising lifestyle aspirations.
Luxury HomesDelhincrReal Estate MarketCbreAssochamReal Estate NewsJul 11, 2025
The report, released at a real estate conference organized by Assocham and CBRE, highlights that the luxury housing segment in Mumbai and Delhi-NCR includes homes costing Rs 6 crore and above. In other major cities, the threshold for luxury homes varies: in Bengaluru and Hyderabad, it is Rs 5 crore and above, while in Pune, Chennai, and Kolkata, homes priced at Rs 4 crore and above are considered luxury.
Nationwide, the luxury housing segment recorded an 85% year-on-year growth in sales in the first half of 2025, with approximately 7,000 units sold across the top seven cities. This growth is not limited to Delhi-NCR and reflects a broader trend of increasing demand for high-end properties in major urban centers.
Gaurav Kumar, Managing Director of Capital Markets and Land at CBRE India, noted that 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,' he said. Kumar emphasized that developers are now focusing more on quality, transparency, and enhancing the overall experience, which are crucial for unlocking the sector's next wave of growth.
Manish Singhal, Secretary General of ASSOCHAM, highlighted the importance of policy evolution in the housing sector. 'The housing boom, coupled with policy evolution, highlights the need for reforms that ease approvals, redefine affordable housing in urban India, and incentivize sustainable development,' he said. These reforms are essential to ensure that the real estate market continues to grow sustainably and inclusively.
The report also suggests that the trend towards luxury housing is driven by several factors, including economic stability, improved infrastructure, and a growing middle class with higher disposable income. As more people seek better living standards and are willing to invest in high-quality homes, the demand for luxury properties is expected to remain robust in the coming years.
In conclusion, the triple growth in luxury home sales in Delhi-NCR is a testament to the region's economic resilience and the growing aspirations of its residents. As developers continue to focus on quality and transparency, and policymakers work towards creating a more favorable environment, the real estate market is poised for further growth and innovation.
Frequently Asked Questions
What is the threshold for luxury homes in Delhi-NCR?
In Delhi-NCR, homes costing Rs 6 crore and above are considered luxury homes.
How much did luxury home sales grow in Delhi-NCR in H1 2025?
Luxury home sales in Delhi-NCR tripled in H1 2025, reaching 3,960 units, compared to 1,280 units in the same period last year.
What factors are driving the growth in luxury home sales?
The growth in luxury home sales is driven by economic stability, improved infrastructure, and a growing middle class with higher disposable income.
What are the key focuses of developers in the luxury housing segment?
Developers are focusing on quality, transparency, and enhancing the overall experience in the luxury housing segment.
What reforms are needed to support the real estate market?
Reforms that ease approvals, redefine affordable housing, and incentivize sustainable development are needed to support the real estate market.
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