Particle.news

Download on the App Store

Mumbai Luxury Housing Posts Record ₹14,750 Crore Sales in First Half of 2025

Primary transactions made up nearly three-quarters of the record sales, with resales reaching a five-year high on surging HNI demand

Mumbai’s luxury housing segment, comprising apartments priced above ₹10 crore, saw an 11% rise in sales during the first half of 2025, with 692 units sold worth ₹14,750 crore, compared to 622 units worth ₹12,300 crore in the same period last year. (Picture for representational purposes only)
Mumbai real estate update: While the city has reported several blockbuster deals in the luxury apartments segment post-COVID-19 pandemic, sales of apartments priced above ₹40 crore have softened in H1 2025. (Picture for representational purposes only)
Premium homes priced above ₹1 crore accounted for 62% of all housing sales in H1 2025, rising to 82,972 units from 51% in the same period last year. (Representative photo)
Image

Overview

  • Ultra-luxury segment sales rose 11% year-on-year to ₹14,750 crore across 692 units in January–June 2025, surpassing previous half-year benchmarks.
  • Primary market deals accounted for roughly 75% of value, while secondary market transactions hit ₹3,750 crore—their strongest showing in five years.
  • Worli led as the top micro-market with 22% share of primary sales value, and Bandra West, Tardeo, Prabhadevi and Malabar Hill delivered double- to triple-digit growth.
  • Buyers aged 45–65 formed the largest demographic, and apartments sized 2,000–4,000 sq ft represented 70% of primary market purchases.
  • Rising high-net-worth population, infrastructure improvements and a steady pipeline of marquee launches fuelled the segment’s sustained momentum.