Mumbai Luxury Home Sales Hit Rs 147.50 Bn in H1 2025

25 Jul 2025 CW Team

Mumbai’s luxury housing market (Rs 100 million and above) has achieved a record high in the first half of 2025, with sales worth Rs 147.50 billion across both primary and secondary markets, according to a joint report by India Sotheby’s International Realty and CRE Matrix.

This marks an 11 per cent rise compared to Rs 123 billion in the same period last year (H1 2024). Combined with sales in H2 2024, the overall luxury housing segment hit an all-time high of Rs 287.50 billion between H2 2024 and H1 2025.

The surge reflects robust demand driven by rising wealth, strong investor sentiment, and growing purchasing power among high-net-worth individuals. The primary market contributed nearly 75 per cent of sales, while the secondary market saw transactions worth Rs 37.50 billion — the highest in five years.

Worli continued to dominate as the top luxury micro-market, accounting for 22 per cent of primary sales. Notable growth was also seen in Bandra West (192 per cent), Tardeo (254 per cent), Prabhadevi, and Malabar Hill.

Apartments sized between 2,000–4,000 sq ft made up 70 per cent of primary sales, with 1,335 luxury units sold — the highest in any 12-month period.

The majority of buyers were from the 45–65-year age group, while buyers above 65 years contributed to 15 per cent of sales. The Rs 200–Rs 400 million bracket continued to gain traction among luxury buyers.

News source: Lokmat Times

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..