The record
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- Mumbai's luxury home market recorded its highest-ever half-yearly transaction value, with buyers spending Rs 18,512 crore on homes priced at Rs 10 crore and above in the first six months of 2026.
- This was a 12% increase over the same period last year, when sales stood at Rs 16,518 crore, according to a report by India Sotheby's International Realty and CRE Matrix.
- A total of 957 luxury homes were sold, up from 761 units a year earlier, with nearly 80% of primary sales value concentrated in the top 10 localities, led by Worli at Rs 4,493 crore.
- The report's executives attributed the momentum to established micro-markets, improving infrastructure, rational price growth and sustained demand in the Rs 20-40 crore segment.
What to watch next
- Whether second-half 2026 sales sustain the record momentum for a full-year high
- Growth in Worli, which saw transaction value jump 79% and unit sales rise from 35 to 159
- Demand in the Rs 20-40 crore segment flagged by CRE Matrix as showing sustained momentum
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Named India · Bandra West · Lower Parel · Mumbai · Tardeo · Worli · Abhishek Kiran Gupta · CRE Matrix · India Sotheby's International Realty · Sudershan Sharma
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