Over the past few years, the demand for luxury housing in India has skyrocketed, making it the new talk of the town. From penthouses overlooking the skyline to sprawling villas, luxury homes are no longer just about living—it’s about living large. According to the latest report by ANAROCK, the demand for premium residential properties across the top 7 cities in India has surged immensely, with average ticket size reaching Rs 1.23 crore. These big cities are Delhi NCR, Bangalore, MMR, Chennai, Hyderabad, Kolkata, and Pune.
Notably, the National Capital Region (NCR) has been the frontrunner in this growth of the luxury housing market, recording a 56% rise in average ticket size to over Rs 1.45 crore in H1 FY2025, up from Rs 93 lakh in the same period in FY2024.
Bengaluru saw the second-highest rise in average ticket size, up by 44% from Rs 84 lakh to Rs 1.21 crore. The city’s unit sales remained constant, while the total sales value increased to Rs 37,863 crore. On the other hand, Mumbai Metropolitan Region (MMR) has maintained its position as the top city, recording the highest sales in the luxury segment with a total sales value of Rs 1,14,529 crore in the first half of FY2025.
Future Remains Bright For Luxe Living
The demand for luxury homes shows no signs of slowing down. In fact, experts predict that this segment will only grow stronger in the upcoming years. As India’s economy flourishes and disposable incomes rise, more people are joining the bandwagon of high-end living. Even the Tier-2 cities like Pune, Ahmedabad, and Chandigarh are witnessing a growing appetite for luxury housing.
What has fueled this surge? The reason lies in the changing preferences of modern homebuyers. People are now putting their money where their dreams are. After all, the pandemic taught us all that life is too short to live in mediocrity. Suddenly, the idea of having a home with a private terrace, a state-of-the-art gym, or even a home theater isn’t just a luxury—it’s a necessity.
As per the latest media reports, average property prices in India are going to rise at a steady pace in the coming 5 to 6 years, driven mainly by demand from rich and elite class people. If this trend continues, the cost of living will make owning a house unattainable for the middle class segment. While the middle-class individuals have tightened their belts, cutting back on everything from tea to two-wheelers due to rising consumer inflation, the richest 1%, who hold 40% of the country’s wealth, are snapping up homes in cities with high-paying jobs.
The fact that most of the new project launches and available stock are in the luxury segment would have a deep impact on the Indian real estate landscape. For buyers, this is the perfect time to invest in a luxury property that not only promises a lifestyle upgrade but also offers lucrative returns in the long run.
Why This Is The Right Time To Buy a Luxury Home?
The luxury housing market in India will boom significantly in the near future. Cities like Mumbai, Delhi, Bengaluru, and Hyderabad have already become hotbeds for high-end properties. The affluent class, including ultra-high-net-worth individuals (UHNIs), NRIs, and savvy investors, are not just buying homes—they’re making statements.
With developers offering personalized designs, cutting-edge technology, and sustainable solutions, the luxury real estate market has evolved into a dynamic space where innovation meets aspiration. As cities continue to expand and the definition of luxury evolves, the future of high-end housing seems poised for enduring growth, promising an era where homes are designed not just to accommodate but to inspire.
