Luxury housing demand outshines other segments in top-7 cities
Avg price jump was 40%, while affordable homes priced less than Rs40 lakh saw just 26% average price appreciation: Anarock
Luxury housing demand outshines other segments in top-7 cities
Luxury housing demand in India’s top seven cities has outpaced other segments over the past three years, with average prices for homes priced above Rs1.5 crore rising about 40 per cent from Rs14,530 per sft in 2022 to Rs20,300 per sft in 2025, a report said.
The luxury housing segment continues to rule the residential market in India’s top-7 cities - not only in new supply and absorption, but also in price appreciation, the report from real estate services firm ANAROCK said.
Delhi‑NCR led gains in the luxury segment, posting a 72 per cent jump to Rs23,100 per sq. ft., while Mumbai Metropolitan Region and Bengaluru saw gains of 43 per cent and 42 per cent respectively.
Affordable homes priced less than Rs40 lakh saw just 26 per cent average price appreciation. NCR saw the highest price growth of 48 periods in this segment as well during the same period.
Mid‑ and premium homes (Rs40 lakh to Rs1.5 cr) appreciated about 39 per cent, with Bengaluru notching up the highest 62 per cent price appreciation.
