Mumbai Records ₹32,623 Crore in ₹5 Crore-Plus Home Sales in H1 FY27

 Mumbai recorded 3,145 transactions involving residential properties priced above ₹5 crore between April and September 2026, with a combined sale value of ₹32,623 crore, according to the Lighthouse Luxury H1 FY27 report cited by Hindustan Times.

The figures work out to an average of approximately 17 transactions a day. Worli led the reported luxury housing markets with 275 sales.

Transactions Increase in the Second Quarter

The report recorded 1,651 transactions in homes priced above ₹5 crore in the second quarter of FY27, up 10.5% from 1,499 in the first quarter. The transaction value increased 17.1% to ₹17,600 crore.

Homes priced between ₹5 crore and ₹10 crore accounted for the largest share by volume, with 2,212 sales worth ₹14,845 crore during the six-month period. The ₹10 crore–₹20 crore segment recorded 703 sales worth ₹9,399 crore.

Ultra-Luxury Sales More Than Double

Transactions involving homes priced at ₹50 crore and above increased from nine in the first quarter to 20 in the second quarter. The 29 transactions recorded during the half-year were valued at ₹2,536 crore.

September was particularly strong, with nine homes in the ₹50-crore-plus category sold for a combined ₹696 crore, according to the report.

Demand Spreads Beyond Traditional Luxury Locations

Worli remained a prominent market, while locations including Andheri West, Versova and Tardeo also recorded substantial increases in average prices. The report suggests that demand for high-end homes is no longer concentrated in just one or two established neighbourhoods.

Market Perspective

The figures show strong activity at the premium end of Mumbai’s market, but they do not represent the broader housing market or typical homebuyer budgets. High-value transactions can materially affect total sales values even when the number of buyers is limited.

Buyers and investors should compare completed transactions, building quality, location, liquidity and recurring ownership costs. A rise in average prices over one quarter should not be treated as a guarantee of future appreciation.