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India's Luxury Homes Hit Record Sales in 2024!

India's Luxury Homes Hit Record Sales in 2024!

India’s luxury real estate market is booming like never before, with ultra-luxury homes selling at record prices. In 2024, 25 homes valued at over Rs 100-200 crore were sold, reaching a total of Rs 3,652 crore. This elite group of buyers invested Rs 7,500 crore in these extravagant properties, with Mumbai accounting for 69% of the sales. Interestingly, luxurious apartments have become the preferred choice, making up 65% of sales, while bungalows represent only 35%. As India’s wealth continues to grow, the demand for these exclusive homes is expected to rise, indicating a bright future for the luxury real estate sector.

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