Hyderabad has emerged as South India’s biggest ultra-luxury residential market. Deals for homes priced above Rs 10 crore climbed to Rs 8,562 crore in FY’26, reflecting sharp growth over the past four years. Bengaluru is seeing fast unit sales, while Chennai remains more niche. The report also points to Hyderabad offering more investment space than its peers.
Mumbai’s property market logged its strongest April in more than a decade, with record housing registrations that took many by surprise. The rebound is driven by pent-up demand and a noticeable tilt toward mid-income homes, even as ultra-luxury stays resilient. Still, experts warn this momentum may not last amid wider economic pressures and a possible shift in the cycle.
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Bengaluru’s housing market has recorded a 5.3% annual price growth over the past five years, but the supply gap is widening for “affordable” homes priced between Rs 30 lakh and Rs 50 lakh. Developers are increasingly building premium 3BHK apartments in the Rs 1 crore to Rs 2 crore range, where sales are also strongest.
Mumbai’s property market hit a record-breaking April, with over 14,160 registrations and more than Rs 1,143 crore in stamp duty revenue. Registrations rose 8.2% year-on-year, while stamp duty collections grew 3.3%. Analysts say the numbers point to resilient end-user demand and a subtle shift in the transaction mix toward mid-ticket housing.
Dubai’s property market is showing early signs of strain as the US-Israeli war on Iran rattles sentiment. Transaction volumes have fallen, with some sellers listing properties at discounts. Analysts expect a slowdown and possible price declines, though activity hasn’t stopped entirely—investors are still hunting distressed deals. Developers, meanwhile, are leaning on long-term value.
Dubai’s real estate market is facing headwinds as geopolitical tensions hit buyer sentiment, especially among entry-level buyers. Sales are slowing across segments, and deals are taking longer to finalize. To stimulate demand, developers are introducing buyer-friendly packages such as flexible financing and fee waivers, betting incentives can restart stalled transactions.
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With international uncertainty rising, wealthy Indians are reconsidering overseas property bets. Market observers say some capital is starting to tilt back toward India’s mid and luxury residential segments, as NRIs explore diversification closer to home. Experts view Indian real estate as a stable long-term option, and demand signals like rising buyer enquiries reinforce the shift.
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