New Delhi, March 29 -- As many as 49 ultra luxury homes, each priced at Rs 100 crore or more, have changed hands in the country's premier metropolitan hubs of Mumbai and Delhi NCR in the last three years, reflecting strong demand in the country's luxury real estate market, property consultant JLL said on Saturday.

The consultancy firm said that the elite segment of homebuyers has collectively invested Rs 7,500 crore in these opulent dwellings, with half of these transactions-totalling Rs 3,652 crore - occurring in 2024 alone.

"The momentum shows no signs of slowing, as the first two months of 2025 have already witnessed four ultra-luxury home sales, amassing a combined value of Rs 850 crore," it said. Samantak Das, Chief Economist and Hea...