Archive · 25 Jul 2025
Mumbai Luxury Home Sales Boom: Record Growth in 2025
Imagine Mumbai as a playground where really expensive houses are being bought and sold like hot cakes.
Sales of homes worth over ₹10 crore went up by 11% in the first half of 2025.
Homes priced over ₹40 crore are selling like never before, tripling in number compared to a few years ago.
In the last year, a huge amount of money, ₹28,750 crore, was spent on these luxury homes!
The most popular spot for these fancy houses is Worli.
Places like Bandra West and Tardeo also saw a big jump in sales.
Mumbai's luxury home sales above ₹10 crore reached ₹14,750 crore in H1 2025, an 11% increase year-on-year.
Sales of homes above ₹40 crore tripled from 17 units in H1 2022 to 53 units in H1 2024.
Over the past 12 months, sales reached a record ₹28,750 crore with 1,335 units sold.
Worli was the most preferred luxury destination with a 22% share of primary sales value.
Bandra West saw a 192% growth, while Tardeo saw a 254% growth in sales.
- Who
- The report does not explicitly mention who is buying the homes, but focuses on market trends.
- What
- Mumbai's luxury home market experienced significant growth.
- When
- H1 2025 and the last 12 months.
- Where
- Mumbai, India.
- Why
- The articles do not explain the reasons for the boom, but focus on the growth figures.
- H1 2025 Sales (₹10 Cr+ Homes)
- ₹14,750 crore
- YOY Growth (H1 2025)
- 11%
- Homes above ₹40 Cr Sales (H1 2024)
- 53 units
- Homes above ₹40 Cr Sales (H1 2022)
- 17 units
- Sales Volume (Past 12 months)
- ₹28,750 crore
- Units Sold (Past 12 months)
- 1,335
- Primary Sales Share
- 75%
- Secondary Sales Share
- ₹3,750 crore