Date Posted : 2026-08-12
Original Article Link : https://www.businessworld.in/article/india-s-luxury-housing-beyond-wealth-618943

India’s luxury housing market is undergoing a significant shift. Premiumisation is deepening across the residential sector, with homes priced above ₹1 crore accounting for around 54% of housing sales in H1 2026. This suggests that luxury and premium housing are no longer a small niche but an increasingly important part of India’s overall residential market.
The idea of luxury itself is also changing. Buyers are increasingly looking beyond expensive finishes, large homes and prestigious addresses. Natural light, ventilation, privacy, landscaped open spaces, wellness, sustainability and connection with nature are becoming important markers of premium living.
According to Rohana Sarah, Founder & CEO of Green World Design, luxury homes now need to support everyday quality of life. Climate-responsive architecture, biophilic design and thoughtful landscape planning are becoming increasingly important because buyers expect homes to remain comfortable, resilient and valuable over the long term.
The article also indicates that luxury housing is increasingly being viewed through the lens of long-term wealth creation and asset quality. Affluent buyers are paying closer attention to location, design, privacy, community experience and the long-term performance of the property rather than simply its size or price.
Developers, therefore, are moving toward more experience-led residential developments, where architecture, landscaping, amenities, wellness and community planning work together. A premium home is increasingly expected to offer a complete lifestyle rather than just premium specifications.
Main takeaway: India’s luxury housing market is moving “beyond wealth.” Luxury is increasingly being defined by wellbeing, thoughtful design, sustainability, privacy, landscape and quality of everyday living, while the rising share of ₹1 crore-plus homes shows how strongly premiumisation is influencing the wider housing market.