India’s residential market witnessed a significant shift in CY2025, with the high-end housing segment emerging as the leading category for the first time, representing 26.8% of transactions. This segment’s share more than doubled since 2022, fueled by increasing household incomes, lifestyle enhancements, and sustained NRI interest.
In 2025, the luxury segment experienced a remarkable 70% year-on-year growth, especially notable in the fourth quarter with a 62% annualized increase. During Q4 2025, approximately 62,500 units were sold, while around 60,100 units were launched, with Mumbai, Pune, and Delhi-NCR contributing over 60% of new launches.
Mumbai, Pune, and Delhi-NCR stood out on the supply side, collectively accounting for more than 60% of new launches during the quarter. Anshuman Magazine, Chairman & CEO, India, South-East Asia, Middle East & Africa at CBRE, noted that the high-end segment’s rise signifies a maturing buyer base focusing on lifestyle, longevity, and asset quality, with new inventory aligning with delivery timelines.
Gaurav Kumar, Managing Director, Capital Markets and Land, CBRE India, highlighted that developers have tailored their offerings to match demand dynamics, with RBI’s monetary easing and GST rationalization providing strong support, boosting confidence and demand in the housing sector.
The housing market in India is evolving towards quality, aspiration, sustainability, and long-term value creation, reflecting a matured landscape driven by changing consumer preferences and economic factors.
