Summary of this article
Gurugram tops ultra-luxury home sales.
Rs 24,120 crore deals in CY25.
Dwarka Expressway drives premium surge.
Gurugram has repeatedly outperformed several cities in India when it comes to residential sales in the luxury and the ultra-luxury segment. According to the latest joint report by CRE Matrix and India Sotheby’s International Realty, Gurugram has recorded a total sales record of Rs 24,120 crore in homes priced above Rs 10 crore and above in the calendar year (CY) 2025, which is the highest ever achieved by any Indian city in this segment.
According to the report, this performance is a clear indicator that Gurugram is the fastest growing city in the ultra-premium residential real estate market in India at the moment
The report said that CY25 was a watershed year for Gurugram’s luxury housing segment. A total of 1,494 ultra-luxury homes, each priced at Rs 10 crore or more, were sold during the year. This was nearly a threefold jump over 519 units sold in CY24 and almost a 10-fold increase from 155 units in CY23. In value terms, sales climbed from Rs 4,004 crore in CY23 to Rs 13,384 crore in CY24 and nearly twice to Rs 24,120 crore in CY25. Gurugram thus emerged as the top-performing city in India in the Rs 10 crore-plus category, outpacing Mumbai in total transaction value during the year, the report said.
The average unit size was approximately 5,000 sq. ft., which underscored the strong demand for expansive, amenity-rich residences, the report added.
“Gurugram has firmly transitioned into a market where luxury real estate is no longer niche, but increasingly mainstream. Strong demand in the Rs 10 crore-plus segment reflects a decisive shift from mere ownership to the pursuit of a superior living experience, which is defined by larger, well-designed homes in gated projects offering privacy, security, lifestyle amenities, wellness and curated community amenities, along with a robust social infrastructure,” said Aakash Ohri, MD, & CBO, DLF.
According to Ohri, this surge in demand for such luxury residential real estate is due to continued wealth creation and expanding entrepreneurial ventures across India.
“This momentum is driven by sustained wealth creation across technology, start-ups and financial services, alongside a growing base of entrepreneurs and senior professionals. Importantly, the luxury buyer profile is becoming younger, with discerning buyers in their early 30s now actively investing, while consistent demand from non-resident Indians (NRIs) underscores the appeal of these developments as they offer a global lifestyle benchmark aligned with what they are accustomed to overseas,” Ohri added.
Incidentally, Gurugram’s growth in CY25 was not limited to premium spaces in the city. Emerging micro-markets, such as Dwarka Expressway and Golf Course Extension Road played a pivotal role in driving volumes and value. Dwarka Expressway saw an extraordinary 2,079 per cent increase in sales value, up from Rs 383 crore in CY24 to Rs 8,347 crore in CY25.
Golf Course Extension Road recorded a 379 per cent jump in transaction value, from Rs 693 crore to Rs 3,319 crore year-on-year (y-o-y). Weighted average prices in this corridor climbed sharply from Rs 24,855 per sq. ft. to Rs 37,899 per sq. ft., reflecting strong premiumisation. In contrast, Golf Course Road, traditionally the most premium micro-market, saw a 28 per cent decline in total sales value due to limited inventory availability rather than waning demand, suggesting supply constraints instead of a slowdown, the report further said.
