New Delhi, Feb. 23 -- Gurugram has surpassed Mumbai in the total sales value of luxury homes priced at Rs 10 crore and above, recording Rs 24,120 crore in transactions during the calendar year 2025.

"The year 2025 marks a watershed moment for Gurugram's ultra-luxury housing segment, with approximately 1,494 homes priced at Rs 10 crore and above sold during the year -- the highest ever recorded in any 12-month period in the city," according to a report by India Sotheby's International Realty (ISIR) and CRE Matrix. The total transaction value in this segment surged sixfold from Rs 4,004 crore in 2023, reinforcing the city's position as the primary hub for high-end residential growth in India.

The ultra-luxury segment, defined by propertie...