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      City Updates

      Gurugram surpasses Mumbai in ₹10 cr plus housing sales

      Gurugram
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      Gurugram has emerged as India’s fastest-growing high-end luxury residential market, recording an unprecedented ₹24,120 crore in transactions for homes priced at ₹10 crore and above during calendar year 2025, according to the latest High-End Luxury Housing Report released by India Sotheby’s International Realty (ISIR) and CRE Matrix.

      The year 2025 marks a watershed moment for Gurugram’s ultra-luxury housing segment, with approximately 1,494 homes priced at ₹10 crore and above sold during the year — the highest ever recorded in any 12-month period in the city.

      The total transaction value surged six-fold from ₹4,004 crore in CY2023 to ₹24,119 crore in CY2025, reflecting extraordinary momentum in the ultra-premium housing market.

      The report highlights that Gurugram has now outpaced Mumbai in total sales value of luxury homes priced ₹10 crore and above in 2025, reinforcing its position as the epicentre of high-end residential growth in India.

      A defining feature of this growth has been the nearly tenfold rise in ultra-luxury home sales over the past two years — from just 155 units in CY2023 to nearly 1,500 units in CY2025. This surge underscores strong domestic wealth creation, rising participation of HNIs and ultra-HNIs, and growing global investor confidence in Gurugram’s real estate market.

      The average size of luxury homes sold in CY2025 stood at approximately 5,000 sq. ft., reflecting demand for spacious, high-quality residences. The 4,000–6,000 sq. ft. segment dominated the market, accounting for the highest share in value terms, while homes above 8,000 sq. ft. contributed nearly 22% of total value share — indicating robust appetite for larger, premium residences.

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