Redefining Luxury: The New Face of India's Housing Market

India's luxury housing sector is experiencing dynamic transformation, marked by an 85% year-on-year growth in sales in early 2025, according to a CBRE-ASSOCHAM report. This surge reflects the evolving preferences of affluent buyers who now prioritize comfort and utility, significantly altering the traditional notion of a luxury home.

Delhi-NCR is at the forefront, recording approximately 4,000 luxury unit sales in the first half of 2025, which accounts for over half of the national total. Factors like enhanced infrastructure and proximity to business centers are making micro-markets in the region highly attractive. Developers emphasize the importance of creating homes that not only signify status but also offer everyday convenience and superior living standards.

The trend extends beyond major metros, with Tier-2 cities witnessing heightened luxury demand. Developers are catering to consumers seeking panoramic views and modern amenities, underscoring luxury housing as a nationwide aspiration. As this segment evolves, it reflects a blend of aspiration and practical investment, forecasting a sustainable future for India's luxury housing market.

(With inputs from agencies.)