Here’s what you can get at India’s ₹100 crore addresses
Subscribe to enjoy similar stories. When you rise to the level of self-actualization, the final stage of Maslow’s need hierarchy, the world is your oyster. For India’s 185 billionaires and some millionaires, it’s a dream house costing well over ₹100 crore.
For some of them, the ₹100 crore house has a 800-1200 sq.ft. sea-facing bedroom in a penthouse on Mumbai’s Pali Hill. Others are sold on the idea of golf courses in their courtyards and luxury spas, top chefs, and premium amenities.
“2024 saw a rise in ₹100 crore-plus transactions, particularly in Delhi-NCR, Mumbai and Bengaluru," said Ritesh Mehta, senior director and head–north, west & east residential services, India, at Jones Lang LaSalle Inc., or JLL, a property consultancy. “Gurgaon’s Golf Course Road and South Mumbai’s Malabar Hill are witnessing record-breaking deals, reflecting growing confidence in ultra-luxury real estate as a stable investment." According to PropEquity, a real estate analytics platform, 13 houses worth at least ₹100 crore were purchased between January and October last year, as against 21 such transactions in 2023. PropEquity tracks the Real Estate Regulation and Development (Rera) website and registration data and conducts on-ground surveys.
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