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Mumbai Luxury Realty At A Pivotal Moment

As per Sudershan Sharma Executive Director India Sotheby's International Realty Mumbai’s record sales in H1 2025 signal sustained appetite for ultra-premium homes

BY Realty+
Published - Thursday, 24 Jul, 2025
Mumbai Luxury Realty At A Pivotal Moment

Luxury real estate market is at a pivotal moment. Record sales in H1 2025 signal sustained appetite for ultra-premium homes, especially in established micro-markets like Worli, Prabhadevi, Tardeo, Malabar Hill, and Bandra West— driven by better infrastructure and a spate of high-quality new launches.

This demand is buoyed by India’s expanding wealth base. The UBS Billionaire Ambitions Report 2024 notes India now has 185 billionaires, more than double the number a decade ago, with collective wealth rising 263% to US$ 905.6 billion.

That said, with continued global uncertainty around tariffs, geo-political conflicts, and muted stock markets, the outlook for the remainder of 2025, while still positive, is expected to be more cautious and selective.

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