Summary:

Over 800 ultra-luxury residences were sold in Hyderabad, Bengaluru, and Chennai in FY26, bringing in Rs. 11,246 crore for the country's luxury housing market. 811 properties valued at more than Rs. 10 crore were sold, indicating high demand from wealthy purchasers. The cities with the biggest sales were Hyderabad, Bengaluru, and Chennai. Rising salaries, the accumulation of wealth, and shifting tastes for larger homes with better amenities are all contributing factors to the move toward premium housing. Growth was aided by investments in upscale projects, better infrastructure, and professional and GCC demand. Developers are concentrating on premium markets, and the market is anticipated to continue growing steadily in the future.

Source: IBEF

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