India’s premium residential market cities experienced a significant increase of up to 28% in capital value during the first half of 2026. Mumbai saw a 10-15% year-on-year (YoY) rise for under-construction premium homes, while Noida witnessed an increase ranging from 4-28% YoY. Gurugram registered an up to 2% YoY increase, and Bengaluru witnessed a capital value rise of around 3-11% YoY.
The rise in this segment underscores a sustained demand for modern and future-ready developments in well-connected growth corridors. The market is shifting towards more sustainable value creation, supported by factors such as premiumisation, rising incomes, calibrated supply, and a preference for quality developments.
Annual average capital values for completed premium homes or luxury floors increased by 10–25% YoY in Delhi, 8–10% in Bengaluru, and 2–7% in Mumbai. The demand from affluent homebuyers, high net-worth individuals (HNIs), non-resident Indians (NRIs), entrepreneurs, and corporate professionals continues to drive market performance.
India’s premium residential real estate remains a preferred long-term investment for both domestic and NRI buyers, supported by the country’s robust economic fundamentals, ongoing infrastructure development, and sustained domestic wealth creation. Mumbai recorded an average 2–7% YoY rise in capital values for completed premium properties, with demand driven by end-users seeking spacious configurations and wellness-centric amenities.
Premium residential rental trends also remained strong, with average rental values increasing across key cities due to sustained demand for quality ready homes and a preference for well-connected, lifestyle-led developments.
