Feb 23 • 08:02 UTC 🇮🇳 India Aaj Tak (Hindi)

Tenfold Surge in Ultra-Luxury Home Sales in Gurugram, Surpassing Mumbai

Gurugram has emerged as India's fastest-growing ultra-luxury housing hub, achieving record sales in 2025.

Gurugram is now recognized as the fastest-growing ultra-luxury housing hub in India, according to a recent report from India Sotheby’s International Realty (ISIR) and CRE Matrix. The year 2025 marked a significant milestone in Gurugram's real estate history, with sales of homes priced at ₹10 crores and above reaching a whopping ₹24,120 crores. This led Gurugram to surpass Mumbai in terms of total transaction value in the luxury segment, setting a new record for the city.

During the calendar year 2025, around 1,494 ultra-luxury homes were sold in Gurugram, representing the highest figure recorded for any 12-month period in the city. This surge in sales reflects a shift in demand among high-net-worth individuals (HNWIs) and ultra-HNWIs, who had only purchased 155 such units in 2023. The drastic increase in the number of transactions indicates a growing trend toward high-end living spaces within Gurugram

The shift in the luxury real estate market may have significant implications for both the local economy and the overall housing market in India. As more affluent individuals choose Gurugram as their preferred residential area, the city may attract more investments and further enhance its viability as a premier luxury housing destination. This could also lead to changes in urban planning and development in response to the increased demand for ultra-luxury housing options, positioning Gurugram at the forefront of India's real estate landscape.

📡 Similar Coverage