Mumbai’s Luxury Real Estate Booms: City Leads India’s Branded Residence Market
Mumbai is at the forefront of India’s branded residence market, dominating cities like Delhi-NCR, Bengaluru, and Pune, according to a report by Knight Frank India. The city’s luxury property market, featuring global brands like Four Seasons and Ritz-Carlton, is driving India’s position in the global luxury real estate sector.
MumbaiLuxury Real EstateBranded ResidencesKnight FrankGlobal MarketReal Estate MumbaiOct 14, 2025
The city’s luxury property market, home to branded residences by global hospitality names such as Four Seasons, Ritz-Carlton, and St. Regis, has been a key driver of India’s position in this fast-growing segment. Developers in Mumbai are increasingly tying up with international hotel and lifestyle brands to cater to the city’s elite homebuyers seeking exclusivity and prestige.
India also secured the tenth position globally in the pipeline of upcoming branded residential projects, accounting for 2% of future supply among 83 surveyed nations. The Knight Frank report highlighted that the number of branded residence schemes worldwide has grown from 169 in 2011 to 611 in 2025, with units expected to exceed 162,000 by 2030.
Hotel brands continue to dominate this category, making up 83% of current projects, though this share may fall slightly to around 80% in the coming years.
According to Liam Bailey, Global Head of Research at Knight Frank, the sector’s momentum has accelerated since 2023, driven by the rising appetite for branded living and developers’ push for premium positioning. “Mumbai has become a natural magnet for branded homes due to its high concentration of wealthy buyers and growing demand for luxury experiences,” the report noted.
Neighbourhoods like Worli, Lower Parel, Bandra-Kurla Complex (BKC), and Mahalaxmi are among the top destinations for branded residential projects, where global names collaborate with Indian developers to offer world-class amenities and design.
The report also observed a gradual eastward shift in branded residence development. While North America remains the dominant market, its share of projects is shrinking, from 32.7% to 26.2% of upcoming developments. Meanwhile, the Middle East, especially the UAE and Saudi Arabia, is witnessing rapid expansion, holding 26.7% of pipeline projects.
In Asia-Pacific, India and Thailand continue to show strong growth, though the region’s overall share is expected to stabilise. Developers are now targeting new growth markets in the Middle East, Latin America, and Asia, driven by a global demand for luxury lifestyle real estate.
Knight Frank’s report pointed to a rising preference for standalone branded residences over hotel-linked developments, with North America, the Middle East, and India leading this shift. Although fashion, automobile, and sports brands are entering the space, hotel brands still dominate 80% of the market. Mumbai, with its evolving skyline and luxury-driven consumer base, remains one of the most significant contributors to this trend, cementing its position as India’s branded residence capital.
Frequently Asked Questions
What is the current global ranking of India in branded residential projects?
India ranks sixth globally in live branded residential projects, contributing 4% to the global supply.
Which neighborhoods in Mumbai are popular for branded residential projects?
Neighbourhoods like Worli, Lower Parel, Bandra-Kurla Complex (BKC), and Mahalaxmi are among the top destinations for branded residential projects in Mumbai.
What is the expected growth in the number of branded residence schemes globally?
The number of branded residence schemes worldwide is expected to grow from 169 in 2011 to 611 in 2025, with units expected to exceed 162,000 by 2030.
Which regions are showing strong growth in the branded residence market?
The Middle East, especially the UAE and Saudi Arabia, and Asia-Pacific regions, including India and Thailand, are showing strong growth in the branded residence market.
What is the trend in the preference for branded residences?
There is a rising preference for standalone branded residences over hotel-linked developments, with North America, the Middle East, and India leading this shift.
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