3 weeks ago
Mumbai Luxury Home Sales Hit Record Rs 18,512 Crore
In the first half of 2026, people in Mumbai bought a record number of very expensive homes.
The total value of these luxury home sales was Rs 18,512 crore, which is a huge amount of money.
Altogether, 957 luxury homes were sold, which is 26 percent more than in the same period last year.
That is also 71 percent more than two years earlier, showing how much the market has grown.
Over the past year, almost 1,700 luxury homes were sold in the city.
Most of the growth came from homes priced between Rs 20 crore and Rs 40 crore.
Sales in that price range more than doubled from 66 homes to 156 homes.
Only 41 homes priced above Rs 40 crore were sold during the period.
A report says the growth may slow down a little, but experts still believe Mumbai's luxury housing market is one of India's most resilient.
Mumbai luxury home sales hit a record Rs 18,512 crore in the first half of 2026.
A total of 957 luxury homes were sold in H1 2026, up 26% from H1 2025 and 71% higher than H1 2023.
Nearly 1,700 luxury homes were sold in Mumbai over the past 12 months.
Sales in the Rs 20-40 crore category more than doubled from 66 units in H1 2023 to 156 units in H1 2026.
The ultra-luxury segment priced above Rs 40 crore recorded 41 transactions, while a report says growth may moderate.
- Who
- Luxury home buyers in Mumbai, with commentary from Sudershan Sharma, Executive Director of India Sotheby's International Realty.
- What
- Mumbai luxury home sales hit a record Rs 18,512 crore in the first half of 2026, with 957 units sold.
- Where
- Mumbai, India, described as India's financial capital.
- When
- First half of 2026 (H1 CY26).
- Why
- Growing demand, especially in the Rs 20-40 crore category, driven by end-users, though the report suggests growth may moderate.
Key facts
- Record sales value (H1 2026)
- Rs 18,512 crore
- Luxury homes sold (H1 2026)
- 957 units
- Year-over-year growth
- +26% vs H1 2025
- Growth vs H1 2023
- +71%
- Luxury homes sold past 12 months
- Nearly 1,700 units
- Rs 20-40 crore segment sales
- 156 units in H1 2026 vs 66 in H1 2023
- Ultra-luxury (above Rs 40 crore) transactions
- 41
- Market outlook
- Growth may moderate; end-user driven, cautious growth expected
Quotes
Sudershan Sharma
Executive Director, India Sotheby's International Realty
“"The first half of 2026 signals Mumbai's luxury housing market as one of India's most resilient... with momentum sustained, India's financial capital is positioned for continued, cautious, end‑user driven growth."”
timesnownews.com







