New Delhi, April 15
India’s luxury housing segment recorded 28 per cent jump in sales during January-March period this year, compared to the same period of the previous year, across India’s top seven cities, according to a report by real estate consultant CBRE South Asia.
The segment, which comprises homes priced at Rs 4 crore and above, registered total sales of approximately 1,930 luxury units during the quarter.
Among the top seven cities, Delhi-NCR led in quarterly luxury unit sales, recording nearly half of total sales at around 950 units, followed by Mumbai, which had a share of 23 per cent in overall sales.
Bengaluru recorded the highest growth among southern cities, growing from just 20 units in Q1 2024 to about 190 units in January-March 2025. Kolkata and Chennai had a 5 per cent share in overall luxury unit sales, according to the report.
The high-end segment led sales activity, capturing a 27 per cent of the total market share, closely followed by the mid-end segment at 25 per cent.