Business News

Luxury homes above Rs 1 crore capture 63% market share despite 11% market volume decline

Jan 19, 2026

Premium housing units priced at Rs 1 crore and above saw 6 per cent year-on-year (Y-O-Y) growth in unit sales during 2025, highlighting market premiumization trends despite an 11 per cent decline in the overall residential market. According to a press release by JLL, total residential sales fell to 270,323 units in 2025, yet the market demonstrated a clear shift toward higher price segments. Apartments priced above Rs 1 crore increased their market share from 53 per cent in 2024 to 63 per cent in 2025, while the mass segment's share contracted from 47 per cent to 37 per cent.