Winning Bizness Desk
India’s ultra-luxury housing market has witnessed a remarkable boom in the first half of 2025, backed by a robust economy and rising demand among high-net-worth individuals. According to Knight Frank India’s latest report, the sale of homes priced above Rs 50 crore soared by a staggering 2,550 percent during the January-June period. Simultaneously, sales of homes in the Rs 20-50 crore range surged by 1,233 percent, signalling a major shift in the residential real estate sector toward premium living.
High-end demand reshaping NCR market
The National Capital Region (NCR) has emerged as a key driver in this transformation, with luxury and premium housing sales expanding rapidly. Homes priced above Rs 2 crore accounted for over 57 percent of total residential sales in the region during the first half of 2025, a notable jump from 43 percent during the same period last year. This trend reflects a clear preference shift among buyers toward high-end properties, especially in prime areas with strong social and physical infrastructure.
Gurugram leads with ultra-luxury projects
Gurugram continues to dominate NCR's residential market with large-scale sales in key micro-markets such as Golf Course Road and Southern Peripheral Road. Several units priced above Rs 50 crore in these locations have received strong buyer response, often witnessing 60 to 70 percent sales within days of launch. This rapid uptake underlines the growing appetite for ultra-premium housing in well-connected and strategically located areas.
Infrastructure upgrades drive sales in key corridors
Gurugram maintained its leadership in both overall sales and new project launches during H1 2025, accounting for 51 percent of NCR’s total residential sales and 55 percent of new supply. This performance has been supported by ongoing infrastructure upgrades along Dwarka Expressway, Sohna Road, and Southern Peripheral Road. Improved connectivity and enhanced liveability across these corridors have significantly boosted buyer confidence and housing demand.
Greater Noida gains from upcoming airport, land availability
Meanwhile, Noida and Greater Noida together contributed 30 percent to total sales and 29 percent to new launches in NCR. Greater Noida, in particular, benefited from large land parcels and upcoming mega infrastructure projects, especially the Noida International Airport in Jewar. These factors have increased investor interest and added momentum to high-value residential transactions in the region.
Summary Pointers
- Sales of Rs 50 crore-plus homes rose 2,550% in Jan-June 2025.
- Homes priced Rs 20-50 crore saw a 1,233% rise.
- Over 57% of total NCR sales were for homes above Rs 2 crore.
- Gurugram led sales and launches, driven by connectivity and premium projects.
- Golf Course Road and SPR areas in Gurugram saw highest luxury uptake.
- Noida and Greater Noida made up 30% of sales, 29% of new launches.
- Strategic areas saw fastest price growth due to premium location and infra push.
