{"id":1306565,"date":"2026-02-25T08:31:49","date_gmt":"2026-02-25T03:01:49","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1306565"},"modified":"2026-02-25T08:32:16","modified_gmt":"2026-02-25T03:02:16","slug":"gurgaon-sells-more-rs-10-crore-homes-than-mumbai-1st-time-ever","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/gurgaon-sells-more-rs-10-crore-homes-than-mumbai-1st-time-ever\/","title":{"rendered":"Gurgaon Sells More Rs 10 Crore+ Homes Than Mumbai, 1st Time Ever"},"content":{"rendered":"\n

Gurugram has emerged as the country\u2019s largest market by value for ultra-luxury homes priced at Rs 10 crore and above in 2025.<\/p>\n\n\n\n

In this race, Gurugram has surged ahead of Mumbai in a striking reshaping of India\u2019s luxury housing map.<\/p>\n\n\n\n

\"Gurgaon<\/figure>\n\n\n\n

Ultra-luxury Sales Reaching A Record High<\/strong><\/p>\n\n\n\n

Gurugram clocked transactions worth Rs 24,120 crore in the Rs 10-crore-plus segment during calendar year 2025, according to the latest High-End Luxury Housing Report<\/a> by India Sotheby\u2019s International Realty and CRE Matrix.<\/p>\n\n\n\n

This is a record for any Indian city, on the other hand Mumbai has sold ultra-luxury homes worth Rs 21,902 crore in the Rs 10 crore and above category in 2025.<\/p>\n\n\n\n

It appears that 1,494 homes priced above Rs 10 crore were sold in Gurugram in 2025, the highest ever recorded in a 12-month period for the city, as per the report released on February 23.<\/p>\n\n\n\n

The surge marks a nearly tenfold jump in unit sales from just 155 homes in 2023, underscoring accelerating wealth creation and growing participation from high-net-worth and ultra-high-net-worth individuals, it said.<\/p>\n\n\n\n

The market expanded six-fold in two years in terms of values expanding from Rs 4,004 crore in 2023 to over Rs 24,000 crore in 2025.<\/p>\n\n\n\n

Ultra-luxury Category Driving Market Share<\/strong><\/p>\n\n\n\n

This has cemented Gurugram\u2019s position as India\u2019s most dynamic ultra-luxury residential hub. Earlier, the city had sold ultra-luxury homes worth Rs 13,383 crore during 2024.<\/p>\n\n\n\n

After Gurugram and Mumbai, the next spot is gained by Noida and Greater Noida in terms of sale of ultra-luxury homes priced Rs 10 crore and above. Both of them together sold Rs 9,358 crore worth homes in the ultra-luxury segment in CY 2025. <\/p>\n\n\n\n

In the ultra-luxury category, Hyderabad and Bengaluru sold homes worth Rs 8,140 crore and Rs 2,319 crore respectively in 2025.<\/p>\n\n\n\n

It seems that the ultra-luxury housing accounted for 24 percent of Gurugram\u2019s total residential market value in 2025.<\/p>\n\n\n\n

This is signaling sustained appetite for large, premium residences with an average ticket size of around Rs 16 crore per home.<\/p>\n\n\n\n

Moving ahead, the homes averaging about 5,000 sq. ft. dominated demand, particularly in the 4,000\u20136,000 sq. ft. category. <\/p>\n\n\n\n

On the other hand, the residences which are  larger than 8,000 sq. ft. contributed nearly 22 percent of total transaction value, further highlighting buyers\u2019 willingness to pay a premium for scale, privacy and exclusivity, the report showed.<\/p>\n\n\n\n

There is a defining shift for the rise of emerging luxury corridors as the micro-markets such as Dwarka Expressway, Golf Course Road and Golf Course Extension Road together drove much of the expansion mainly supported by infrastructure upgrades, new supply and enhanced connectivity.<\/p>\n\n\n\n

Dwarka Expressway posted a staggering 2,079 percent jump in transaction value, rising from Rs 383 crore in 2024 to Rs 8,347 crore in 2025 as per the report<\/a>.<\/p>\n\n\n\n

Similarly, the Golf Course Extension Road recorded a 379 percent increase in sales value, witnessing a sharp price appreciation, with weighted average prices climbing from Rs 24,855 per sq. ft. to Rs 37,899 per sq. ft.<\/p>\n\n\n\n

In the meantime, the traditional prime pockets such as Golf Course Road saw steadier activity, constrained by limited new inventory.<\/p>\n\n\n\n

India Sotheby\u2019s International Realty, Area Director, Tina Talwar said, \u201cWhat is particularly notable is that growth is no longer confined to legacy addresses. Emerging micro-markets are now driving a structural expansion of Gurugram\u2019s luxury housing market.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"

Gurugram has emerged as the country\u2019s largest market by value for ultra-luxury homes priced at Rs 10 crore and above in 2025. In this race, Gurugram has surged ahead of Mumbai in a striking reshaping of India\u2019s luxury housing map. Ultra-luxury Sales Reaching A Record High Gurugram clocked transactions worth Rs 24,120 crore in the […]<\/p>\n","protected":false},"author":30,"featured_media":1306571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[1581,854],"class_list":["post-1306565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-gurgaon","tag-mumbai"],"acf":[],"yoast_head":"\nGurgaon Sells More Rs 10 Crore+ Homes Than Mumbai, 1st Time Ever - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/gurgaon-sells-more-rs-10-crore-homes-than-mumbai-1st-time-ever\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gurgaon Sells More Rs 10 Crore+ Homes Than Mumbai, 1st Time Ever - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"Gurugram has emerged as the country\u2019s largest market by value for ultra-luxury homes priced at Rs 10 crore and above in 2025. 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