India’s ultra-wealthy splurged more than ₹7,100 crore on 51 super-luxury homes in 2025, making it one of the strongest years on record for the high-end residential market, according to property data firm Zapkey.

A surge in ₹200 crore-plus deals and a record number of transactions above the ₹100 crore mark signal a decisive reset in luxury housing benchmarks, with Mumbai dominating the market and Delhi NCR emerging as a distant second. Analysts expect the momentum to carry into 2026, driven by IPO-led wealth and sustained interest from cash-rich promoters and investors.

The year 2025 recorded the highest-ever number of super-luxury transactions, with nine deals exceeding the ₹200 crore mark, signalling a significant reset in ultra-luxury price benchmarks, data from Zapkey showed.

The ₹100 crore club also expanded sharply, with a record 30 transactions crossing the ₹100 crore threshold during the year, the data showed.

Regionally, Mumbai led the market with 35 transactions worth about ₹5,100 crore, reaffirming its status as the country’s premier luxury real estate hub. Delhi NCR followed with 12 high-value deals, most of them concentrated in the elite Lutyens’ zone.