Expert Views on Festive Real Estate

Luxury Housing Outlook

According to Ashwin Chadha of Sotheby’s, luxury real estate demand is steady with a 15–20% jump in enquiries this festive season. While HNIs remain relatively unaffected by small price movements, they are cautious in overheated micro-markets. Globally, expected US rate cuts are boosting liquidity, reinforcing luxury property’s appeal as an inflation hedge, source of rental yields, and capital appreciation. HNIs are also diversifying into REITs, AIFs, and structured products, which complement physical property investments.

Mid-Range & Premium Housing Trends

Ganesh Devadiga of Square Yards noted that festive seasons typically drive strong new launches and booking momentum, with many conversions expected in the coming quarters. Developers are rolling out offers aligned with auspicious buying sentiment, while repo rate cuts and GST relief are cushioning rising property prices. He expects the year to close on a positive note, with sustained buyer confidence driving activity.

Affordable & End-User Demand

Ravi Shankar Singh of Colliers India believes this is an ideal time for end-users to purchase homes, given a combination of GST cuts on construction materials, attractive developer schemes, and stable loan interest rates. Beyond the financial incentives, cultural belief in the auspiciousness of the festive season also drives decisions. Singh, however, advises buyers to prioritize developer credibility, construction quality, and base pricing over just festive discounts.

Bigger Picture

From luxury villas in prime micro-markets to affordable housing projects on city outskirts, the festive season of 2025 is expected to act as a strong catalyst for India’s housing market. Developers are using this window to push sales, buyers are locking in deals, and investors continue to diversify their strategies. With a combination of policy support, festive optimism, and stable financing, experts forecast a robust close to the year for Indian residential real estate.

Also Read: The Role of Policy in Driving Sustainable Real Estate Development

The post Festive Season Brings Cheer to India’s Housing Market: Experts See Strong Momentum Across Segments appeared first on Square Feat India.

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

Top Performing Luxury Micro-markets

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)

Upcoming Projects to Watch

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.

While optimism about economic growth has dipped from 79% in 2024 to 71% in 2025, the enduring appeal of real estate as a stable, wealth-building asset remains evident. Most respondents continue to see India as the fastest-growing major economy, with GDP growth projections between 6% and 6.5%.

Capital Appreciation a Key Driver

Capital appreciation remains a pivotal factor for real estate investments, with 55% of respondents citing it as the primary motivation, an increase from 44% last year. Almost half expect returns between 12% and 18%, while 38% anticipate returns below 12%. Fewer than 15% expect returns exceeding 18%, reflecting tempered expectations after several years of robust market performance.

“India’s luxury real estate market is set for continued growth, albeit with cautious optimism,” said Amit Goyal, Managing Director of India Sotheby’s International Realty. “Demand for bespoke luxury assets, including spacious farmhouses and gated villas in hill and beach destinations, is expected to be a key trend in 2025.”

Surge in Second Homes and International Properties

The survey also highlighted growing interest in second homes, with 55% of respondents favoring properties within a four-hour drive for convenience. Popular choices include hill and beach destinations.

International real estate interest has risen notably, with 22% of respondents expressing plans to invest abroad, up from 10-11% historically. Dubai has overtaken London as the top global choice, followed by U.S. cities.

Luxury Real Estate as a Lifestyle and Investment Asset

Luxury real estate remains a preferred investment avenue for lifestyle upgrades and wealth creation. The number of UHNIs in India reached 13,600 in 2024, with a projected 50% increase by 2028. Rising affluence and the growing influence of young wealth creators under 40 are shaping the demand for high-end properties.

“Luxury real estate is no longer just a status symbol but a robust investment avenue,” said Ashwin Chadha, CEO of India Sotheby’s International Realty. “From self-built bungalows to high-rise apartments and gated villas, the segment has evolved to offer world-class amenities and assured quality.”

Broader Economic and Market Trends

Despite concerns over inflation, 71% of respondents expect interest rates to ease gradually. Meanwhile, 36% of HNIs plan to allocate surplus funds to real estate in the next two years, highlighting its role as a tangible asset amid market volatility.

As India’s luxury real estate market continues to evolve, it reflects the country’s growing wealth and aspirations, offering opportunities for both lifestyle enhancements and capital gains.

Also Read: Akshay Kumar real estate

The post Affluent Buyers Show Continued Interest in Luxury Real Estate appeared first on Square Feat India.