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	<title>luxury property news Archives - Square Feat India</title>
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	<title>luxury property news Archives - Square Feat India</title>
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		<title>Gurugram Beats Mumbai in Ultra-Luxury Race: ₹24,120 Crore Homes Sold Above ₹10 Cr in 2025</title>
		<link>https://squarefeatindia.com/gurugram-beats-mumbai-in-ultra-luxury-race-%e2%82%b924120-crore-homes-sold-above-%e2%82%b910-cr-in-2025/</link>
		
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		<pubDate>Tue, 24 Feb 2026 04:53:00 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[CRE Matrix data]]></category>
		<category><![CDATA[Delhi NCR property]]></category>
		<category><![CDATA[Dwarka Expressway property]]></category>
		<category><![CDATA[gurugram real estate]]></category>
		<category><![CDATA[high end real estate]]></category>
		<category><![CDATA[India Sotheby’s report]]></category>
		<category><![CDATA[Luxury Housing India]]></category>
		<category><![CDATA[luxury property news]]></category>
		<category><![CDATA[real estate trends]]></category>
		<category><![CDATA[Ultra Luxury Homes]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=11943</guid>

					<description><![CDATA[<p>Gurugram has emerged as India’s top ultra-luxury housing market, clocking ₹24,120 crore in sales of homes priced above ₹10 crore in 2025 and overtaking Mumbai in high-end real estate demand.</p>
<p>The post <a href="https://squarefeatindia.com/gurugram-beats-mumbai-in-ultra-luxury-race-%e2%82%b924120-crore-homes-sold-above-%e2%82%b910-cr-in-2025/">Gurugram Beats Mumbai in Ultra-Luxury Race: ₹24,120 Crore Homes Sold Above ₹10 Cr in 2025</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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<p class="wp-block-paragraph">India’s high-end property market saw a dramatic reshuffle in 2025 as <strong>Gurugram</strong> overtook <strong>Mumbai</strong> to become the country’s top ultra-luxury housing destination. According to a joint report by <strong>India Sotheby’s International Realty</strong> and <strong>CRE Matrix</strong>, the city recorded a staggering <strong>₹24,120 crore in sales</strong> for homes priced ₹10 crore and above in calendar year 2025.</p>



<p class="wp-block-paragraph">This marks the highest annual transaction value ever achieved by any Indian city in the ultra-premium housing segment.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading">Record-Breaking Growth in Luxury Segment</h3>



<p class="wp-block-paragraph">The data shows that nearly <strong>1,494 ultra-luxury homes</strong> were sold in Gurugram during 2025, representing almost a <strong>tenfold jump</strong> from just 155 units in 2023. In value terms, the segment’s sales ballooned six times—from ₹4,004 crore in 2023 to over ₹24,000 crore in 2025.</p>



<p class="wp-block-paragraph">The average ticket size stood at approximately <strong>₹16 crore</strong>, highlighting a strong appetite among high-net-worth buyers for large, premium residences. In fact, homes priced above ₹10 crore accounted for <strong>24% of the total residential market value</strong> in the city last year.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading">Bigger Homes, Bigger Preferences</h3>



<p class="wp-block-paragraph">Luxury buyers are not just spending more—they’re buying bigger. The report notes:</p>



<ul class="wp-block-list">
<li>Average luxury home size: <strong>~5,000 sq. ft.</strong></li>



<li>Most popular category: <strong>4,000–6,000 sq. ft. homes</strong></li>



<li>Homes above <strong>8,000 sq. ft.</strong> contributed nearly <strong>22% of total sales value</strong></li>
</ul>



<p class="wp-block-paragraph">This indicates that affluent buyers are prioritizing space, privacy, and amenities over compact living.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading">Micro-Markets Driving the Boom</h3>



<p class="wp-block-paragraph">A key factor behind Gurugram’s surge has been explosive growth in emerging luxury corridors:</p>



<ul class="wp-block-list">
<li><strong>Dwarka Expressway</strong> saw transaction values skyrocket <strong>2,079%</strong>, from ₹383 crore in 2024 to ₹8,347 crore in 2025.</li>



<li><strong>Golf Course Extension Road</strong> recorded a <strong>379% rise</strong>, with average prices climbing sharply.</li>



<li>Established premium zones such as <strong>Golf Course Road</strong> witnessed steadier sales due to limited new supply.</li>
</ul>



<p class="wp-block-paragraph">Industry experts say infrastructure upgrades, improved connectivity, and high-quality project launches have collectively transformed these corridors into luxury hotspots.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading">Wealth Creation Fueling Demand</h3>



<p class="wp-block-paragraph">According to <strong>Tina Talwar</strong>, Area Director at India Sotheby’s International Realty, the surge is no longer confined to traditional prime locations. She notes that emerging micro-markets are now driving structural growth backed by better infrastructure and premium product offerings.</p>



<p class="wp-block-paragraph">Meanwhile, <strong>Abhishek Kiran Gupta</strong>, Co-founder and CEO of CRE Matrix, attributed the surge to strong capital inflows and a rapidly expanding base of high-net-worth individuals. Record IPO activity in 2025, which created a new cohort of wealthy founders and entrepreneurs, has further strengthened demand for branded, amenity-rich developments.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading">A Structural Shift in India’s Luxury Housing Market</h3>



<p class="wp-block-paragraph">Industry observers believe Gurugram’s rise signals a broader shift in India’s real estate landscape. Ultra-premium housing is increasingly driven by:</p>



<ul class="wp-block-list">
<li>Domestic wealth creation</li>



<li>Entrepreneurial liquidity events</li>



<li>Global investor participation</li>



<li>Infrastructure-led location upgrades</li>
</ul>



<p class="wp-block-paragraph">Even amid global uncertainties, buyer sentiment in the city remains optimistic, though more selective. Today’s luxury buyer is focusing less on speculation and more on location quality, construction standards, and long-term value.</p>



<p class="wp-block-paragraph">Also Read: <a href="https://squarefeatindia.com/structural-shift-in-indian-real-estate-as-luxury-homes-and-new-age-buyers-drive-demand/" type="post" id="11388">Structural Shift in Indian Real Estate as Luxury Homes and New-Age Buyers Drive Demand</a></p>
<p>The post <a href="https://squarefeatindia.com/gurugram-beats-mumbai-in-ultra-luxury-race-%e2%82%b924120-crore-homes-sold-above-%e2%82%b910-cr-in-2025/">Gurugram Beats Mumbai in Ultra-Luxury Race: ₹24,120 Crore Homes Sold Above ₹10 Cr in 2025</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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