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India’s ultra-luxury housing market expands as high-value home sales surge

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Summary

India’s housing market is witnessing rapid premiumisation, with strong demand for high-value homes in Mumbai and Gurugram accompanied by rising premium housing supply and a growing share of residential sales above US$ 104,887.

Key Facts

TypeAnalysis

SourceIndia Brand Equity Foundation

PublishedTuesday, 11 August 2026

Affected Population~100 million urban housing shortage, 30 million rural

Key Numbers

PMAY: 4.13 crore houses total sanctioned

Urban housing shortage: 10 million units

Affordable Housing Fund: Rs 25,000 crore

Key Authorities

Key Stakeholders

Government Context

NDA IIIBJP-led NDA

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