Gurugram Surpasses Mumbai in ₹10 Cr+ Luxury Housing Sales in 2025
Gurugram has emerged as India’s fastest-growing high-end luxury residential market, recording an unprecedented ₹24,120 crore in transactions for homes priced at ₹10 crore and above during calendar year 2025. According to the latest High-End Luxury Housing Report released by India Sotheby’s International Realty (ISIR) and CRE Matrix, this marks a significant milestone for the city’s ultra-luxury housing segment.
The year 2025 saw approximately 1,494 homes priced at ₹10 crore and above sold, the highest ever recorded in any 12-month period in Gurugram. The total transaction value surged six-fold from ₹4,004 crore in CY2023 to ₹24,119 crore in CY2025, reflecting extraordinary momentum in the ultra-premium housing market.
Gurugram has now outpaced Mumbai in total sales value of luxury homes priced ₹10 crore and above in 2025, reinforcing its position as the epicentre of high-end residential growth in India. The nearly tenfold rise in ultra-luxury home sales over the past two years, from just 155 units in CY2023 to nearly 1,500 units in CY2025, underscores strong domestic wealth creation, rising participation of HNIs and ultra-HNIs, and growing global investor confidence in Gurugram’s real estate market.
The average size of luxury homes sold in CY2025 stood at approximately 5,000 sq. ft., reflecting demand for spacious, high-quality residences. The 4,000–6,000 sq. ft. segment dominated the market, accounting for the highest share in value terms, while homes above 8,000 sq. ft. contributed nearly 22% of total value share — indicating robust appetite for larger, premium residences.
A defining feature of this growth has been the expansion into emerging micro-markets such as Dwarka Expressway, Golf Course Road, and Golf Course Extension Road. Dwarka Expressway recorded an extraordinary 2,079% surge in transaction value, increasing from ₹383 crore in CY2024 to ₹8,347 crore in CY2025, supported by large-scale luxury launches and improved infrastructure. Golf Course Extension Road (GCRE) witnessed a 379% rise in transaction value, accompanied by significant price appreciation, with weighted average prices increasing from ₹24,855 per sq. ft. to ₹37,899 per sq. ft. Meanwhile, traditional premium corridors such as Golf Course Road saw moderated sales due to limited new inventory supply.
Ms. Tina Talwar, Area Director, India Sotheby’s International Realty, said, “What is particularly notable is that this growth is no longer confined to legacy addresses. Emerging micro-markets such as Dwarka Expressway, Golf Course Road, and Golf Course Extension Road are collectively driving a structural expansion supported by infrastructure upgrades, superior product launches, and enhanced connectivity.”
Mr. Abhishek Kiran Gupta, Co-founder & CEO, CRE Matrix, added, “The nearly tenfold growth in the luxury segment over the past two years underscores sustained buyer confidence, strong capital inflows, and the expanding base of high-net-worth individuals. It also reflects a maturing demand profile—one that remains robust, yet increasingly discerning, with buyers prioritising prime locations, superior construction quality, and branded, amenity-rich developments.”
Industry leaders noted that while geopolitical uncertainties persist, buyer sentiment in Gurugram remains optimistic, albeit more discerning, with increasing focus on location quality, construction standards, and branded, amenity-rich developments. With record-breaking sales, expanding wealth pools, and infrastructure-led micro-market expansion, Gurugram has firmly established itself as India’s most dynamic ultra-luxury residential hub in 2025.
Looking ahead, Gurugram’s ultra-luxury housing market is expected to sustain its upward trajectory in 2026, driven by infrastructure-led micro-market expansion, rising HNI and ultra-HNI participation, and continued wealth creation from IPOs and entrepreneurial exits. While growth may moderate from the extraordinary surge witnessed in 2025, demand is likely to remain strong and more quality-focused, with buyers prioritising prime locations, larger residences, branded developments, and superior construction standards. Emerging corridors such as Dwarka Expressway and Golf Course Extension Road are poised to remain key growth engines, positioning Gurugram firmly as India’s most dynamic and structurally resilient ultra-luxury residential market.
