Mumbai's Luxury Real Estate Market Booms with ₹7,186 Crore in Ultra-Wealthy Home Deals
Mumbai’s Worli skyline reflects the surge in ultra-luxury home purchases by India’s wealthiest buyers in 2025 | Representative Image
Mumbai, Jan 02: India’s ultra-wealthy spent heavily on premium homes in 2025, with the country’s top luxury residential transactions touching unprecedented levels. Data analysed by real estate analytics firm Zapkey shows that more than 50 high-end home purchases together accounted for deals worth Rs 7,186 crore during the year.
Mumbai emerged as the clear leader, recording the most expensive residential transactions in 2025. Leena Tiwari’s Rs 739 crore purchase drew widespread attention. The year saw a notable reset in pricing benchmarks, with nine transactions exceeding Rs 200 crore, indicating a sharp rise in super-luxury buying.
In total, 30 residential deals crossed the Rs 100 crore mark in 2025, making it a record year for ultra-premium housing in the country.
The financial capital dominated the list with 35 transactions valued at around Rs 5,100 crore. Delhi NCR followed with 12 high-value deals, largely concentrated in the Lutyens’ Bungalow Zone. While Mumbai’s wealthy buyers favoured high-rise luxury apartments, Delhi’s elite invested over Rs 1,500 crore primarily in independent bungalows in areas such as APJ Abdul Kalam Road and Golf Links.
Within Mumbai, Worli stood out as the most sought-after location, accounting for 21 of the top deals and reinforcing its position as the preferred address for billionaires.
Among individual developments, Oberoi 360 West attracted the highest number of ultra-luxury transactions, with eight deals featuring in the top list, making it the most favoured project among India’s richest homebuyers in 2025.
The surge in luxury home purchases reflects a growing trend among India's ultra-wealthy to invest in premium real estate, not just as a luxury but as a strategic financial decision. With the increasing demand for high-end properties, developers are likely to continue investing in projects that cater to this affluent market segment.
For those interested in exploring more about the luxury real estate market in Mumbai and surrounding regions, it's worth keeping an eye on emerging developments and trends. The market is expected to remain robust, driven by the wealth and demand of India's elite.