From Golf Course Road to Dwarka Expressway: Inside Gurugram’s Rs 10 crore+ luxury housing boom

Gurugram has become India’s fastest-growing high-end residential market after achieving sales of homes worth Rs 10 crore and above, which reached Rs 24,120 crore during 2025, as highlighted in the latest High-End Luxury Housing Report by India Sotheby’s International Realty (ISIR) and CRE Matrix.

Gurugram saw 1,494 ultra-luxury homes change hands last year—the highest ever in any 12 months in Gurugram—representing a near tenfold increase from 155 units sold in 2023. The surge reflects a combination of robust domestic wealth creation, rising participation of high-net-worth and ultra-HNIs, and growing global investor confidence in Gurugram’s luxury market.

The average Rs 16 crore ticket size

The average luxury home price in CY2025 was Rs 16 crore, catering to buyers seeking spacious, high-quality residences. The 4,000-to-6,000 square foot (sq ft) segment of homes, which averaged 5,000 sq ft, dominated in value terms. The total sales value of homes which exceeded 8,000 sq ft reached 22 per cent, which showed a strong demand for ultra-spacious residences.

From legacy addresses to emerging micro-markets

While traditional corridors such as Golf Course Road remain coveted, Gurugram’s growth is now being driven by emerging luxury hubs like Dwarka Expressway and Golf Course Extension Road (GCRE).

The report said that Dwarka Expressway experienced an extraordinary increase of 2079 per cent in its transaction value, which rose from Rs 383 crore in 2024 to Rs 8347 crore in 2025. The growth was fueled by large-scale luxury launches and major infrastructure upgrades.

GCRE achieved a 379 per cent increase in sales value, together with a rise in weighted average prices from Rs 24,855 per sq ft to Rs 37,899 per sq ft, showcasing both strong demand and price appreciation.

Meanwhile, Golf Course Road maintained its premium appeal, though sales moderated due to limited new inventory.

Luxury buyers seek quality and amenities

Tina Talwar, Area Director at India Sotheby’s International Realty, noted, “What is particularly notable is that this growth is no longer confined to legacy addresses. Emerging micro-markets such as Dwarka Expressway, Golf Course Road, and Golf Course Extension Road are collectively driving a structural expansion supported by infrastructure upgrades, superior product launches, and enhanced connectivity.”

Abhishek Kiran Gupta, Co-founder & CEO of CRE Matrix, added, “The nearly tenfold growth in the luxury segment over the past two years underscores sustained buyer confidence, strong capital inflows, and the expanding base of high-net-worth individuals. It also reflects a maturing demand profile—one that remains robust, yet increasingly discerning, with buyers prioritising prime locations, superior construction quality, and branded, amenity-rich developments.”

A market fueled by wealth creation

The surge in luxury home sales coincides with broader capital formation in India. In 2025, 103 Indian corporates raised a record USD 19.54 billion through main board IPOs, creating a new wave of entrepreneurs entering the luxury housing segment. This has reinforced buyer sentiment, even amidst geopolitical uncertainties, with buyers increasingly prioritising location, construction quality, and branded, amenity-rich developments.

“This momentum is being reinforced by broader capital formation, with 103 Indian corporates raising a record USD 19.54 billion through main board IPOs in 2025, creating a new cohort of founders and entrepreneurs entering the luxury housing segment. While geopolitical headwinds persist, buyer sentiment remains optimistic, albeit with more calibrated expectations,” added Talwar.

Key takeaways from Gurugram’s luxury market in 2025

• Rs 24,120 crore worth of homes priced Rs 10 crore+ sold.
• 1,494 ultra-luxury homes transacted—the highest ever.
• Nearly 10-fold growth in sales units from 2023 to 2025.
• Average luxury home size: ~5,000 sq ft.
• Homes above 8,000 sq ft contributed 22 per cent of the total value.
• Dwarka Expressway transaction value rose 2,079 per cent, GCRE by 379 per cent.

With record-breaking sales, emerging micro-markets, and a growing pool of domestic wealth, Gurugram is now the epicentre of India’s ultra-luxury residential growth.

Source – Zee Business