New Delhi, According to a report by CBRE and Assocham, 3,960 luxury homes were sold in Delhi-NCR during the January-June period, each priced at Rs 6 crore or more, a more than three-fold increase on a year-on-year basis.
1,280 units were sold in Delhi-NCR in the same period a year ago.
“The luxury housing segment recorded an 85 per cent year-on-year growth in sales in January-June 2025, with nearly 7,000 units sold across the top seven cities,” the report said.
In Mumbai and Delhi-NCR, the consultant has considered homes priced at Rs 6 crore or more as the luxury segment.
In Bengaluru and Hyderabad, the luxury segment is priced at Rs 5 crore and above, while in Pune, Chennai and Kolkata, homes priced at Rs 4 crore and above are considered luxury.
The report was released at a real estate conference organised by Assocham and CBRE on Friday.
Gaurav Kumar, Managing Director, Capital Markets & Land, CBRE India, said, “India’s residential market has entered a phase of strategic resilience. While macroeconomic fundamentals remain strong, the significant growth in luxury and premium housing is indicative of rising consumer confidence and lifestyle aspirations.”
He said developers are focusing on quality, transparency and experience, which are key to driving the next wave of growth in the sector.
Assocham Secretary General Manish Singhal said, “The housing boom and policy changes underline the need for reforms that ease approvals, redefine affordable housing in urban India and spur sustainable development.”
