Gurugram Leads India in ₹24,120 Crore Ultra-Luxury Home Sales

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Gurugram has emerged as India’s most dynamic luxury housing market in 2025. In a significant milestone, Gurugram ultra-luxury home sales crossed ₹24,120 crore in the ₹10 crore and above category, surpassing Mumbai in total transaction value. With 1,494 ultra-premium homes sold during the calendar year, the city recorded its highest-ever annual performance in the luxury segment.

This remarkable surge highlights a structural transformation in India’s premium residential landscape, with Gurugram now leading the charge in high-value transactions.

Record-Breaking Growth in 2025

The scale of Gurugram ultra-luxury home sales in 2025 marks a sharp acceleration compared to previous years. In CY2023, transaction value stood at ₹4,004 crore. By CY2025, that figure had climbed sixfold to ₹24,120 crore.

In terms of volume, sales jumped nearly ten times from just 155 units in CY2023 to 1,494 homes in 2025. This dramatic increase underscores rising demand for high-end residences and positions Gurugram as the fastest-growing ultra-premium market in the country.

The growth trajectory of Gurugram ultra-luxury home sales reflects both strong domestic wealth creation and sustained investor confidence in the region.

Also Read: Luxury Homes Driving India’s Market: Apartment Sizes Up 17% Across Top 7 Cities, NCR Leads with 30% Growth

Demand Drivers Behind the Surge

Several macroeconomic and market-specific factors have contributed to the rise in Gurugram ultra-luxury home sales:

  • Expansion in the base of high-net-worth individuals (HNIs) and ultra-HNIs
  • Record IPO activity and capital formation in 2025
  • Growing preference for branded, amenity-rich developments
  • Increased global investor participation

As new entrepreneurs and corporate leaders enter the wealth bracket, demand for expansive, luxury residences has strengthened. Buyers are increasingly prioritising superior construction quality, prime locations, and lifestyle-centric amenities.

This evolving demand profile has significantly boosted Gurugram ultra-luxury home sales across emerging and established micro-markets.

Micro-Markets Fueling Growth

The growth in Gurugram ultra-luxury home sales is not confined to traditional prime corridors. Emerging micro-markets have played a pivotal role:

Dwarka Expressway

This corridor recorded an extraordinary 2,079% increase in transaction value rising from ₹383 crore in CY2024 to ₹8,347 crore in CY2025. Large-scale luxury launches and infrastructure upgrades supported this expansion.

Golf Course Extension Road (GCRE)

Luxury housing sales value here rose by 379%, accompanied by substantial price appreciation. Weighted average prices climbed from ₹24,855 per sq ft to ₹37,899 per sq ft.

Golf Course Road

While still a premium address, sales moderated slightly due to limited new inventory supply.

The diversification of growth corridors demonstrates that Gurugram ultra-luxury home sales are now structurally expanding beyond legacy luxury zones.

Buyer Preferences and Property Trends

The composition of Gurugram ultra-luxury home sales reveals a clear shift toward larger living spaces.

  • Average home size: Approximately 5,000 sq ft
  • 4,000–6,000 sq ft category: Highest value share
  • 8,000+ sq ft homes: Contributed 22% of total transaction value

This trend reflects evolving lifestyle aspirations, with buyers seeking expansive layouts, private amenities, and exclusive gated environments. The appetite for large-format residences has become a defining feature of Gurugram ultra-luxury home sales in 2025.

Gurugram vs Mumbai: A Structural Shift

For years, Mumbai dominated India’s ₹10 crore-plus housing market. However, Gurugram ultra-luxury home sales have now overtaken Mumbai in transaction value, marking a significant shift in India’s luxury real estate geography.

The combination of better land availability, modern master-planned developments, and improving connectivity has given Gurugram a competitive edge. While geopolitical uncertainties remain, buyer sentiment continues to stay positive, though more discerning.

The sustained expansion in Gurugram ultra-luxury home sales signals a maturing luxury market rather than a short-term spike.

Also Read: Property Registrations in Pune Fall 17% YoY in January 2026: Real Estate Trends

Market Outlook for 2026

Looking ahead, the momentum in Gurugram ultra-luxury home sales is expected to continue, albeit at a calibrated pace. Developers are likely to focus on:

  • Limited-edition luxury inventory
  • Branded residences
  • Sustainable and smart-home features
  • Prime micro-market launches

If capital formation and wealth creation remain robust, Gurugram could further consolidate its leadership in the ₹10 crore-plus segment.

Conclusion

The record-breaking ₹24,120 crore milestone firmly establishes Gurugram as India’s new luxury housing leader. The rapid rise in Gurugram ultra-luxury home sales — nearly tenfold in just two years reflects strong demand fundamentals, expanding wealth pools, and evolving buyer aspirations.

With infrastructure-backed micro-markets, increasing premium supply, and a maturing investor base, Gurugram’s ultra-luxury segment appears structurally positioned for sustained growth in the years ahead.

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Frequently Asked Questions

Ans 1. In 2025, Gurugram’s ultra-luxury home sales crossed ₹24,120 crore, making it India’s highest-value luxury housing market.

Ans 2. A total of 1,494 homes priced ₹10 crore and above were sold, nearly ten times the 155 units sold in 2023.

Ans 3. The growth is driven by an increase in high-net-worth individuals, record capital formation, preference for branded and amenity-rich developments, and rising investor confidence.

Ans 4. Dwarka Expressway, Golf Course Extension Road (GCRE), and Golf Course Road are key corridors, with Dwarka Expressway seeing the highest growth in transaction value.

Ans 5. Most ultra-luxury homes range from 4,000–6,000 sq ft, with an average size of around 5,000 sq ft. Homes above 8,000 sq ft contributed 22% of total sales value.

Ans 6. Gurugram has overtaken Mumbai in total transaction value for ₹10 crore-plus homes, reflecting a structural shift in India’s luxury real estate landscape.

Ans 7. Buyers are increasingly seeking larger homes, private amenities, gated communities, and premium lifestyle features, emphasizing quality over quantity.

Ans 8. Luxury sales are expected to continue steadily, with developers focusing on limited-edition branded residences, sustainable features, and prime micro-market launches.

Ans 9. Better land availability, modern master-planned developments, improving connectivity, and a growing investor base give Gurugram an edge over traditional markets like Mumbai.

Ans 10. Yes, the rise reflects structural market expansion supported by wealth creation, premium supply, and evolving buyer aspirations, not just a short-term spike.