Indian Luxury Housing Sector Surges with 85% Sales Growth in H1 2025
The luxury housing segment in India witnessed an 85% year-on-year growth in sales during the first half of 2025, with approximately 7,000 units sold across the top seven cities, according to a report by CBRE South Asia and Assocham.
Luxury HousingReal EstateCbre South AsiaAssochamHigh Net Worth IndividualsReal Estate MaharashtraJul 11, 2025
During the January-June period, Delhi-NCR led in sales with 4,000 luxury units accounting for a 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 a 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. “The remarkable rise in luxury housing, both in demand and supply, reflects a structural shift in homebuyer preferences and reaffirms India’s position as a high-potential market for global and domestic investors alike,” said Kumar.
India’s luxury housing market is increasingly attracting HNWIs (High Net Worth Individuals), UHNWIs, and NRIs, driven by the need to safeguard assets amid global uncertainties and benefit from a strengthening US Dollar. The report also points out that overall housing sales across the top seven cities remained robust in H1 2025, with 132,000 units sold and 138,000 new units launched, indicating a well-balanced market.
This report is a vital roadmap for stakeholders in India's housing landscape. 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. Housing is no longer just shelter, it's an engine for inclusive growth,” said Manish Singhal, Secretary General, Assocham.
Frequently Asked Questions
What is the growth rate of luxury housing sales in India during H1 2025?
The luxury housing segment in India witnessed an 85% year-on-year growth in sales during the first half of 2025.
Which city led in luxury housing sales during H1 2025?
Delhi-NCR led in luxury housing sales with 4,000 units sold, accounting for a 57% share of the market.
What factors are driving the growth in the luxury housing market?
The growth is driven by rising consumer confidence, lifestyle aspirations, and the need to safeguard assets amid global uncertainties, especially among HNWIs, UHNWIs, and NRIs.
How many luxury units were launched in H1 2025?
Approximately 7,300 luxury units were launched in H1 2025, marking a 30% annual increase.
What is the significance of the report for the real estate market?
The report serves as a vital roadmap for stakeholders in India's housing landscape, highlighting the need for reforms to ease approvals, redefine affordable housing, and incentivize sustainable development.
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