DataforIndia’s Akhil Wable buys ₹113 crore Vasant Vihar plot amid luxury real estate boom in India

The rise in contribution was largely driven by a 14% growth in demand for the ₹3.0-5.0 crore housing segment during the same period, while the ₹5.0 crore and above segment registered an 8% growth in demand. Delhi-NCR led the year-on-year property price growth, with Bengaluru and Chennai recording double-digit year-on-year growth in capital value during Q2 2025.

Ashwin Chadha, CEO, India Sotheby’s International Realty, says startup founders often see a trophy home as both a milestone and a smart asset, and that prime properties act as a natural hedge against inflation as they have a track record of holding or growing in value. “As of July 2024, India had 334 billionaires, 75 more than the previous year, according to Hurun India. And, significantly, over 55% of the wealth created among them stems from first-generation entrepreneurs. This increase is witnessing a fundamental shift in buyer demographics in luxury real estate. And then there’s the scarcity factor. Truly exceptional, well-located homes are limited by nature, which helps keep prices resilient,” Chadha tells Fortune India.

Home prices across India’s seven major cities continued to climb in Q2 2025, with yearly increases between 5% and 17%. Delhi-NCR saw the highest jump at 17%, while Bengaluru followed at 14%. This widespread price growth across all major markets stems from higher building costs and consistent buyer demand, which has encouraged developers to launch more premium housing options.