Luxury Housing Sees 28% Growth in Q1 2025 Across India’s Key Cities
Real Estate

Luxury Housing Sees 28% Growth in Q1 2025 Across India’s Key Cities

India's luxury housing segment experienced strong growth in Q1 2025, with a 28 per cent year-on-year increase in sales across the top seven cities. This surge resulted in the sale of approximately 1,930 luxury units during the quarter.

Delhi-NCR led the market, contributing about 49 per cent of total luxury unit sales, a massive rise from 13 per cent in Q1 2024. Mumbai followed with a 23 per cent share, though this marked a slight dip from the previous year. Meanwhile, Bengaluru and Kolkata saw remarkable growth, with Bengaluru increasing its share from 1 per cent in Q1 2024 to 10 per cent in Q1 2025, and Kolkata rising from 1 per cent to 5 per cent. Chennai's luxury housing share also grew, from 3 per cent to 5 per cent. In contrast, Hyderabad's luxury market suffered a steep decline, dropping from 45 per cent to just 5 per cent. Pune's share also decreased, from 6 per cent to 3 per cent.

The strong performance of Delhi-NCR, which saw around 950 luxury units sold, was a standout. Mumbai's sales followed, with Bengaluru recording the highest growth in the southern region, going from 20 units in Q1 2024 to around 190 units in Q1 2025. Kolkata and Chennai each held 5 per cent of the market share.

In the broader residential market, Q1 2025 witnessed a balance between new launches and sales. Approximately 65,300 units were launched, and 65,800 units were sold. The high-end segment led the charge, representing 27 per cent of total sales, closely followed by the mid-end segment at 25 per cent. Mumbai, Pune, and Delhi-NCR together accounted for over 62 per cent of total residential sales, with Mumbai leading in unit sales at around 18,600, followed by Pune with 12,500 units.

With favourable market conditions, rising incomes, and strong infrastructure development, India's residential market is poised for continued growth in 2025. The Reserve Bank of India's upcoming monetary easing cycle is expected to further fuel market momentum, making homeownership more accessible for buyers across key regions.

India's luxury housing segment experienced strong growth in Q1 2025, with a 28 per cent year-on-year increase in sales across the top seven cities. This surge resulted in the sale of approximately 1,930 luxury units during the quarter. Delhi-NCR led the market, contributing about 49 per cent of total luxury unit sales, a massive rise from 13 per cent in Q1 2024. Mumbai followed with a 23 per cent share, though this marked a slight dip from the previous year. Meanwhile, Bengaluru and Kolkata saw remarkable growth, with Bengaluru increasing its share from 1 per cent in Q1 2024 to 10 per cent in Q1 2025, and Kolkata rising from 1 per cent to 5 per cent. Chennai's luxury housing share also grew, from 3 per cent to 5 per cent. In contrast, Hyderabad's luxury market suffered a steep decline, dropping from 45 per cent to just 5 per cent. Pune's share also decreased, from 6 per cent to 3 per cent. The strong performance of Delhi-NCR, which saw around 950 luxury units sold, was a standout. Mumbai's sales followed, with Bengaluru recording the highest growth in the southern region, going from 20 units in Q1 2024 to around 190 units in Q1 2025. Kolkata and Chennai each held 5 per cent of the market share. In the broader residential market, Q1 2025 witnessed a balance between new launches and sales. Approximately 65,300 units were launched, and 65,800 units were sold. The high-end segment led the charge, representing 27 per cent of total sales, closely followed by the mid-end segment at 25 per cent. Mumbai, Pune, and Delhi-NCR together accounted for over 62 per cent of total residential sales, with Mumbai leading in unit sales at around 18,600, followed by Pune with 12,500 units. With favourable market conditions, rising incomes, and strong infrastructure development, India's residential market is poised for continued growth in 2025. The Reserve Bank of India's upcoming monetary easing cycle is expected to further fuel market momentum, making homeownership more accessible for buyers across key regions.

Next Story
Infrastructure Urban

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Next Story
Infrastructure Urban

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Next Story
Infrastructure Urban

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement