AbonnéTravel & Wellness

India: The Quiet Gold Rush for Ultra-Luxury Homes

By Shilpa Dhamija19 août 2025

India’s luxury housing market is touching new highs as prestigious pin-codes command record breaking prices and elite societies redefine luxury housing with 5-star amenities. Luxury Tribune explores how India’s wealthy are turning prime real-estate into a powerful status symbol.

DLF Camellias luxury residences in Gurugram (above), near New Delhi, boasts a special club house for residents that is run by a 230 member team handpicked from the finest names in hospitality industry (DLF)

Demand for luxury housing in India started nearly 15-20 years ago, but weak regulations led to disputes between buyers and builders. Today, builders have to follow delivery timelines or suffer penalties on violations

Dr Prashant Thakur, Head of Research at Anarock group in Mumbai

Located on the outskirts of India’s capital New Delhi, Gurugram was once a quiet agrarian village, characterized by wide wheat fields, and sights of tractors and cattle crossing unpaved roads. However, over the past four decades, this sleepy suburb has undergone a remarkable transformation. Tractors have given way to Lamborghinis and Maybachs, and farmlands replaced by glitzy towers and premium condos, which are now among the most coveted addresses in north India.

As Delhi ran out of room to grow, Gurugram (Gurgaon) showed the way for urban expansion in the National Capital Region (NCR), attracting substantial investments from multinational corporations and industries along with ambitious town planning. Today it is home to HNW executives and entrepreneurs that aspire for world class luxury living.

Newsletters

Cet article vous plaît ?

Inscrivez-vous à nos newsletters pour recevoir les dernières publications et analyses selon nos 4 thématiques:

The lounge at Trump Towers luxury apartments in Gurugram, near New Delhi. All of the Penthouses sold out quickly, for 12.5 million each (Trump Towers Gurgaon)

Late last year, in Gurugram’s golf-course-road, a penthouse sold for about €19 million, making it the most expensive high-rise condominium in NCR. Earlier this summer, the newly listed Trump Residences in Gurugram quickly sold all of its penthouses for €12.5 million, each.

On the country’s west coast - Mumbai, the financial capital and home to the country’s wealthiest families, has witnessed a surge in high-end real estate activity, with industrialists and bankers grabbing multiple premium, brand new homes in prestigious neighborhoods - some offering expansive views of the Arabian sea. Notably, earlier this year, a pharmaceutical executive purchased two apartments in a posh sea-facing area of south Mumbai for €70.7 million, setting a new record for condominiums in India’s most expensive city.

The demand and supply of luxury housing is growing in other metro cities too. Although, in India, real estate has long been a popular investment asset, buyer intent is shifting from just wealth preservation to expressing refined tastes and contemporary lifestyles, giving rise to a new class of luxury homes in the country.

Pour continuer à lire cet article, abonnez-vous maintenant

CHF 10.- par mois / CHF 99.- par année

Accès illimité à tous les contenus payants
Des analyses approfondies sur l'industrie du luxe que vous ne trouverez nulle part ailleurs.
Des études et rapports sur les principaux défis à venir ainsi que leur décryptage.
Des articles académiques élaborés par des professeurs et des doctorants membres du Swiss Center for Luxury Research, ainsi qu’un certain nombre d’universités à l’étranger.
Des événements réservés aux membres pour enrichir vos connaissances et votre réseau.

Partager l'article

Continuez votre lecture

Business

Ahmedabad and Pune: India’s Next Luxury Hubs?

Ahmedabad and Pune, two prominent metro cities in western India, have long been home to some of the nation’s ultra-wealthy population. These heritage and culturally rich centers are steadily embracing modern influences and building a global profile. But can they emerge as India’s next major luxury markets?

By Shilpa Dhamija

Travel & Wellness

South India’s Rising Wealth Hubs: Luxury’s Opportunities and Challenges

While Mumbai and Delhi lead India’s luxury market growth, Bangalore and Hyderabad in the south are emerging as potential luxury hotspots with a burgeoning affluent and cosmopolitan population. Luxury Tribune analyses the opportunities and challenges for luxury in India’s southern metros.

By Shilpa Dhamija

Newsletters

Cet article vous plaît ?

Inscrivez-vous à nos newsletters pour recevoir les dernières publications et analyses selon nos 4 thématiques: