Industry experts note that Mumbai’s real estate sector continues to remain the most premium in the country, driven by its extensive inventory of luxury residences, strong global connectivity, a robust business ecosystem, and its reputation as a stable long-term investment destination. These factors collectively position the city as a magnet for affluent buyers across India.
CREMatrix data further reveals that in the ultra-luxury segment priced above ₹25 crore, more than 700 transactions were recorded. Of these, Mumbai buyers accounted for approximately 85 percent of the total deals, while the remaining 15 percent were contributed by buyers from Delhi-NCR, Kolkata, Pune, Ahmedabad, and Bengaluru, underscoring Mumbai’s overwhelming dominance in this segment.
In terms of city-wise distribution, Mumbai led with 477 transactions, making it the clear leader in the primary market for ultra-luxury homes. Delhi-NCR followed with 21 transactions, while Kolkata recorded 13 deals. Gujarat accounted for 12 transactions, Bengaluru registered 4, and Hyderabad reported 3 deals, further highlighting the stark gap between Mumbai and other metropolitan markets in the ultra-premium category.
The analysis also highlights distinct purchasing patterns across regions. Buyers from Delhi-NCR predominantly acquired properties in the ₹30 crore to ₹99 crore range. Kolkata buyers focused on properties priced between ₹29 crore and ₹60 crore. Ahmedabad buyers made purchases ranging from ₹29 crore up to ₹213 crore, reflecting significant price diversity. Bengaluru buyers operated within the ₹33 crore to ₹121 crore bracket, while Hyderabad buyers recorded transactions valued at approximately ₹80 crore.
Overall, the data underscores Mumbai’s unmatched position in India’s ultra-luxury real estate landscape, both in transaction volume and its ability to consistently attract wealth from across major metropolitan regions.
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