New Delhi, Dec. 4 -- India's luxury market is projected to grow from USD 17 billion in 2024 to USD 103 billion by 2030 at a CAGR of 35%, led primarily by categories such as jewellery, watches and automobiles. This rapid expansion of premium spending is now decisively shaping the housing market as well-an evolution captured inMagicbricks' India Luxury Housing Market Report 2025,released today. The study finds that India's luxury housing segment is entering a new phase of maturity while simultaneously expanding into new geographies beyond traditional metro centres.

A key indicator of this shift is the Magicbricks Luxury Price Index (LPI), defined as the ratio of median luxury property prices in key luxury micro-markets to each city's media...