Archive · 25 Jan 2026
India's luxury housing market may cool in FY27
A survey of wealthy people in India shows that many think the luxury housing market might slow down next year.
Most of these people are still very positive about India's growth, but over half think that the luxury real estate market might not be as strong in the next fiscal year.
The survey also found that many wealthy investors expect good returns from real estate.
Experts say that luxury homes are now more about lifestyle and global living standards than just being expensive.
Some luxury homes with famous brands can cost 30-40% more than regular ones.
56% of wealthy respondents expect a cooling of luxury housing demand and prices in FY27.
67% of HNIs and UHNIs remain bullish on India's economic growth despite global headwinds.
72% expect GDP growth to remain in the 6-7% range in FY27.
Buyer composition has evolved to include startup founders, next-gen entrepreneurs, and senior professionals.
Luxury real estate in India is shifting towards design pedigree, brand credibility, and curated living.
- Who
- High net worth individuals (HNIs) and ultra HNIs in India
- What
- Potential cooling of luxury housing market in FY27
- When
- FY27 (2026-2027)
- Where
- Major cities across India, including Delhi-NCR, Mumbai, Goa, and Alibaug
- Why
- Changing market dynamics and evolving buyer composition
- Survey Conducted By
- India Sotheby's International Realty (ISIR)
- Number of Respondents
- 700
- Expected GDP Growth Range
- 6-7%
- Expected Luxury Real Estate Returns
- Up to 15%
- Premium for Branded Residences
- 30-40%
- Key Cities Mentioned
- Delhi-NCR, Mumbai, Goa, Alibaug
- Report Release Date
- January 25, 2026
