Luxury housing has maintained strong momentum as buyers increasingly prioritise premium living, superior quality, and long-term value across key Indian markets.
According to ANAROCK’s H1 FY 2026 report, luxury and premium homes accounted for nearly 42% of new home supply across major cities. The segment represented approximately Rs. 2.98 lakh crore of residential sales value, marking a 7% year-on-year increase, while overall housing sales volume remained largely stable. The figures indicate that buyers are increasingly opting for upscale residences, contributing to the luxury segment’s expanding market share.
Uddhav Poddar, CMD, Bhumika Group, said, “Despite global economic uncertainties, the luxury housing segment has continued to demonstrate resilience, driven by discerning buyers who are prioritising quality, trust and long-term value over short-term market fluctuations. Today’s luxury homebuyers evaluate not only the residence but the overall living experience, including thoughtful design, wellness, connectivity and the credibility of the developer. As aspirations continue to evolve and purchasing decisions become more value-driven, we believe demand for well-planned premium developments will remain strong over the long term.”
The residential market has also become more attractive for both end-users and investors, supported by transparency under RERA and quality developments delivered by reputed developers. ANAROCK stated that Mumbai remains India’s most expensive residential market, with luxury home prices in the Mumbai Metropolitan Region (MMR) rising by around 43 per cent over the past three years due to limited supply and sustained demand from affluent homebuyers. However, Delhi-NCR has emerged as the country’s largest luxury home market in terms of transaction value.
Gurpal Singh Chawla, Managing Director, TREVOC Group, said, “The luxury residential market continues to outperform because buyers today are investing in experiences rather than just square footage. They seek homes that combine thoughtful design, timeless architecture and spaces that evolve with their lifestyle. We believe the future of luxury lies in creating residences that deliver enduring value, comfort and a meaningful living experience for generations.”
According to data from Sotheby’s International Realty and CRE Matrix, Gurugram recorded sales of properties priced above Rs. 10 crore worth around Rs. 24,120 crore in 2025, surpassing MMR’s Rs. 21,902 crore for the first time. The momentum has continued into 2026, with Gurugram accounting for more than 73 per cent of total residential launches in Delhi-NCR during the second quarter. The city’s position as a major business and financial hub, combined with premium retail, hospitality, and social infrastructure, continues to attract entrepreneurs, senior executives, and global professionals.
Mitul Jain, Managing Director, SPJ Group, said, “Luxury housing is witnessing sustained momentum as homebuyers increasingly prioritise quality, exclusivity and long-term value. Today's luxury developments are expected to offer a seamless blend of design excellence, superior amenities and strategic locations, making luxury residences a preferred choice for discerning buyers and investors alike. In Gurugram, robust infrastructure, expanding corporate presence and the emergence of well-planned luxury micro-markets have further strengthened demand for luxury residences. As a result, luxury homes have evolved beyond aspirational purchases into resilient, future-ready assets for both end-users and investors.”
Noida is also emerging as the next luxury housing destination in the National Capital Region. The expanding metro network, expressway connectivity, and the upcoming Noida International Airport are making the city increasingly attractive for luxury residential developments. Integrated townships, improved value propositions, and modern infrastructure are drawing both end-users and investors.
Salil Kumar, Director, Marketing & Business Management, CRC Group, said, “Noida’s luxury housing segment has transformed considerably due to the transformative infrastructure developments and the increasing preference for elevated living experiences. Expectations are still evolving, and the luxury segment is setting the bar higher with sophisticated living experiences that are comfortable, functional, and have long-term value.”
For developers, the luxury housing segment offers higher revenue per unit, enabling greater investment in design, construction quality, and customer experience. At the same time, buyers are becoming increasingly sophisticated, expecting global standards of execution, professional property management, and long-term after-sales support.
Saurab Saharan, Group Managing Director, HCBS Developments Ltd., said, “The definition of luxury has evolved significantly over the last few years. Buyers today are looking for homes that offer spacious layouts, wellness-driven amenities, sustainable design, and superior connectivity. In Gurugram, this shift is particularly evident as infrastructure upgrades and a thriving corporate ecosystem continue to attract discerning homebuyers and investors. As aspirations continue to rise, thoughtfully planned luxury communities are becoming the benchmark for modern urban living, supported by strong end-user demand, limited quality supply, and strong long-term investment potential.”
Backed by strong economic fundamentals, ongoing infrastructure development, and evolving buyer aspirations, Delhi-NCR, led by Gurugram and rapidly advancing Noida, remains well positioned to retain its status as India’s most vibrant luxury housing market. Mumbai, Bengaluru, and Hyderabad continue to anchor the country’s premium residential growth.
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