India’s luxury housing market has entered a new phase in 2025, with Gurugram emerging as the country’s fastest-growing ultra-premium residential hub, according to the latest High-End Luxury Housing Report released on Monday.
The report, published by India Sotheby's International Realty and CRE Matrix, shows a sharp acceleration in high-value home sales in the city, marking a significant turning point in its property cycle.
Rs 24,120 Crore in Ultra-Premium Transactions
Gurugram recorded a transaction value of Rs 24,120 crore in homes priced at Rs 10 crore and above during calendar year 2025.A total of 1,494 ultra-luxury homes were sold in this price bracket, the highest ever recorded in a single year in the city. The scale of activity highlights the rapid deepening of demand in the top-end residential segment.
The surge is particularly striking when compared to earlier years. The total sales value has risen nearly six times in just two years, from Rs 4,004 crore in 2023 to over Rs 24,000 crore in 2025.
Gurugram Surpasses Mumbai in Rs 10 Crore-Plus Segment
In a notable shift in India’s luxury real estate landscape, Gurugram has overtaken Mumbai in sales value within the Rs 10 crore-plus housing category.The ultra-luxury segment accounted for 24 percent of Gurugram’s total residential market in value terms in 2025, underscoring its growing dominance in the city’s overall property ecosystem.
The average price of homes sold in this segment stood at approximately Rs 16 crore, reflecting sustained demand from high-net-worth individuals and ultra-HNIs.
Larger Homes Drive Premium Demand
The report highlights a clear preference for expansive residences. The average home size in the ultra-premium category was around 5,000 square feet.Homes sized between 4,000 and 6,000 square feet dominated overall sales value, while properties exceeding 8,000 square feet contributed nearly 22 percent of the total transaction value. This indicates a strong appetite for larger living spaces among affluent buyers.
Emerging Micro-Markets Fuel Expansion
According to Tina Talwar, Area Director at India Sotheby’s International Realty, the growth is no longer confined to traditional premium addresses.Emerging micro-markets such as Dwarka Expressway, Golf Course Road and Golf Course Extension Road are now driving the next phase of expansion, reflecting a broader geographic spread of ultra-luxury demand within Gurugram.
Abhishek Kiran Gupta, Co-founder and CEO of CRE Matrix, noted that the nearly tenfold rise in luxury home sales over the past two years reflects sustained buyer confidence and strong capital inflows.
He added that buyers are becoming increasingly selective, prioritising prime locations, superior construction quality and branded developments offering premium amenities.
A Structural Shift in India’s Luxury Real Estate Market
The data indicates that Gurugram’s luxury housing market has transitioned from episodic high-value deals to sustained, large-scale activity. With record transaction values, rising average ticket sizes and expanding micro-markets, the city has firmly positioned itself at the forefront of India’s ultra-luxury residential segment in 2025.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
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