Summary of this article
Gurugram leads India’s luxury housing market.
Dwarka Expressway drives record transaction growth.
Ultra-luxury sales touched Rs 24,120 crore.
Gurugram has emerged as India’s fastest-growing luxury market, surpassing Mumbai in total sales value of ultra-premium homes, which are priced at Rs 10 crore and above. According to the latest High-end luxury housing report by India Sotheby’s International Realty and CRE Matrix, the NCR region has recorded Rs 24,120 crore worth of luxury home sales in the year 2025. This was a historic milestone for the market.
The report highlights that approximately 1,494 homes priced at Rs 10 crore were sold during the calendar year 2025. This is the highest number of ultra-luxury residential transactions ever recorded in Gurugram in a year alone. The city’s luxury housing segment has witnessed explosive growth in the last two years. The total transaction value has surged by nearly sixfold from R 4,004 crore in 2023 to Rs 24,120 crore in 2025.
Industry experts attribute this significant growth to wealth creation, increasing participation of high-net-worth individuals (HNIs) and ultra HNIs. The growing investor confidence in the city’s premium residential market is due to several growth components developing in the residential market. The report notes that the ultra luxury segment has accounted for nearly 24 per cent of Gurugram’s residential market value. This highlights the growing preference for high-end living aspirations.
A major part of this standout is the driving growth that has resulted from the development of the Dwarka Expressway. This has recorded an extraordinary 2,079 per cent increase in the transaction values. Sales in the micro-markets have jumped from Rs 383 crore in 2024 to Rs 8,347 crore in 2025. This is supported by major infrastructure improvements in the city. This is well paired with the upcoming luxury projects in the city.
Golf Course Extension Road (GCER) has also harboured impressive growth. The area experienced a 379 per cent rise in transaction value during the same period. The corridor experienced significant appreciation, with the weighted average prices increasing from Rs 24,855 per square foot to Rs 37,899 per square foot. This established a luxury destination, such as Golf Course Road, which continued to have a strong demand, even though the sales growth has remained moderate due to the limited new inventory.
The report also reveals that luxury homebuyers are increasingly opting for residences. The average size of luxury homes sold in 2025 stood at nearly 5,000 square feet. Homes above 8,000 square feet have contributed to nearly 22 per cent of the market's total value. This shows a strong demand for premium residences in the city.
