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Luxury home sales in Gurgaon witnessed a sharp rise in 2025, with transactions for properties priced at Rs.10 crore and above climbing 80% year-on-year to Rs.24,120 crore. The surge enabled the city to overtake Mumbai in total sales value within this premium segment.
According to a joint report by India Sotheby’s International Realty and CRE Matrix, Gurgaon has emerged as India’s fastest-growing ultra-luxury residential market. In comparison, Mumbai recorded sales worth Rs.21,902 crore in the same price bracket during the year.
The report highlighted that sales volumes in Gurgaon nearly tripled, rising to 1,494 units in 2025 from 519 units in 2024. Both increased transaction activity and price appreciation contributed to the record-breaking performance.
Dwarka Expressway led the growth story, registering an extraordinary 2,079% jump in transaction value, from Rs.383 crore in 2024 to Rs.8,347 crore in 2025. The spike was driven by major luxury project launches and infrastructure upgrades. Golf Course Extension Road also posted strong momentum, with transaction values rising 379% alongside a significant increase in weighted average prices, which moved from Rs.24,855 to Rs.37,899 per sq.ft.
In contrast, established premium micro-markets such as Golf Course Road experienced relatively slower sales due to limited fresh supply.
The report noted that while Mumbai has traditionally dominated India’s high-end property landscape, Gurgaon has now surpassed it in total sales value for homes priced above Rs.10 crore. Analysts attribute the shift to improved infrastructure, growing corporate presence and sustained wealth creation in the Delhi-NCR region.
The findings suggest a broader transformation in India’s luxury housing market, with demand increasingly shifting toward emerging urban corridors offering modern connectivity and large-scale premium developments.
Reference – Gurugram outpaces Mumbai in high-end luxury residential sale
✍️ Written By: INFRAMANTRA
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