The Ultra-luxury Segment in 2026
Mumbai's ultra-luxury segment (₹10 Cr+) recorded its strongest half-year since 2015, with 1,847 registrations in H1 2026 — a 28% year-on-year surge. Sea-view inventory in Worli, Bandra and Juhu continues to shrink, pushing average capital values past ₹60,000 per sq ft. Demand is being driven by HNI end-users upgrading from mid-luxury, NRI buyers capitalising on a favourable rupee, and a near-complete absence of new land parcels in prime micro-markets.
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