Mumbai’s ₹10 Cr+ Luxury Homes Clock Record Sales of ₹14,750 Cr in H1 2025

SquareFeatIndia — Tue, 22 Jul 2025 07:34:56 +0000

1,335 units sold in 12 months; Worli, Bandra West, Tardeo lead the charge

Mumbai’s ultra-luxury housing market continues its historic run, with ₹10 crore and above residential units registering record half-yearly sales of ₹14,750 crore in H1 CY2025, according to a new report by India Sotheby’s International Realty and a real estate research firm.

This marks the highest-ever six-month sales figure for Mumbai’s top-end homes, driven by robust demand from high-net-worth individuals, increased investor confidence, and a growing appetite for larger, high-spec homes in prime locations.

The 12-month period from H2 CY2024 to H1 CY2025 saw combined sales of ₹28,750 crore from 1,335 units—the highest ever number of luxury homes sold in a year-long window.

Mumbai Luxury Real Estate Market Overview

Metric	Value
H1 CY2025 Sales (₹10 Cr+)	₹14,750 Cr
H1 CY2024 Sales (₹10 Cr+)	₹12,300 Cr
YoY Growth (H1)	11%
Units Sold (12 months)	1,335
Total Sales (12 months)	₹28,750 Cr
Primary Market Share	~75%
Secondary Market Contribution	₹3,750 Cr
Dominant Unit Size	2,000–4,000 sq. ft. (70% of sales)

Top Performing Luxury Micro-markets

Locality	Key Highlights
Worli	22% of primary sales; home to ₹639 Cr deal
Bandra West	192% growth YoY
Tardeo	254% growth YoY
Prabhadevi	Continues to see robust demand
Malabar Hill	Strong demand from legacy buyers

Growth Segments & Buyer Profile

Core Segment: ₹10–20 Cr homes made up 60–75% of total sales
Surging Segment: ₹20–40 Cr homes saw a 138% growth vs. H1 CY2022
Ultra-Luxury: ₹40 Cr+ homes tripled from 17 units in H1 CY2022 to 53 units in H2 CY2024
Buyer Demographic:
- Age 45–65: Largest share
- Age 65+: Now 15% of buyers
- 24% buyers migrated from beyond South Mumbai

Noteworthy Transactions (H2 CY2024–H1 CY2025)

Buyer / Entity	Project & Locality	Deal Size
Leena Gandhi Tiwari	Naman Xana, Worli	₹639 Cr
Shaula Real Estate Pvt Ltd	Naman Xana, Worli	₹225.8 Cr
AEX Real Estate LLP	Oberoi 360 West, Worli	₹201.6 Cr
Seema Singh	Lodha Sea Face, Worli	₹185 Cr
Apco Infratech Pvt Ltd	The Legend, Bandra West	₹155 Cr

Upcoming Projects to Watch

Developer	Project	Location
DLF	The West Park	Andheri West
Sunteck	Nepean Sea	Nepean Sea Road
Prestige	Nautilus	Worli
Rustomjee	Crescent	Bandra West

Expert Quotes

“Mumbai’s luxury real estate market is at a pivotal moment. Record sales in H1 2025 signal sustained appetite for ultra-premium homes, especially in established micro-markets.”
— Sudershan Sharma, Executive Director, India Sotheby’s International Realty

Industry Insight

With India now boasting 185 billionaires—as per the UBS Billionaire Ambitions Report 2024—and their combined wealth soaring 263% over the last decade to US$905.6 billion, the luxury housing boom in Mumbai mirrors this upward wealth trajectory. However, experts signal a cautiously optimistic outlook for H2 2025, given global economic uncertainties.

Also Read: Century Real Estate Reports Strong Growth Amid Rising Demand for Luxury Properties in Bengaluru

The post Mumbai’s ₹10 Cr+ Luxury Homes Clock Record Sales of ₹14,750 Cr in H1 2025 appeared first on Square Feat India.