MUMBAI, INDIA — 26th OCTOBER 2026: The Mumbai region’s luxury residential market gathered pace in the first half of FY27, registering an average of more than 17 homes priced at ₹5 Crore or more every day. According to the latest Half-Yearly Luxury Real Estate Report, The Luxury Real Estate Market Decoded, released by Lighthouse Luxury (a Lighthouse PropTech platform backed by Turbostart and top family offices) and powered by property registration intelligence platform Zapkey, the Mumbai region recorded 3,145 luxury property registrations totaling ₹32,623 Crore between April and September 2026.
The second quarter outpaced the first: Registrations rose 10.5% to 1,651 and value rose 17.1% to ₹17,600 Crore, or ₹191 Crore a day. July was the best month of the half, with 618 homes worth ₹6,669 Crore.
Ultra-luxury deals more than doubled: 29 homes sold for ₹50 Crore or more, worth ₹2,536 Crore. These deals rose from 9 in Q1 to 20 in Q2, and September alone recorded 9, as many as the entire first quarter.
₹152 Crore a home: Three homes at NamanXana sold for a combined ₹456 Crore, the highest average among the top 10 projects.
Worli stays on top: Worli recorded ₹5,558 Crore across 275 deals at an average of ₹20.2 Crore, about 17% of all luxury value.
New engines of growth: Andheri West & Versova doubled in value from Q1 to Q2 and Tardeo grew 125%. New launches from Sri Lotus Developers and Viceroy added more than half of Andheri West & Versova’s growth.
Godrej leads the developer charts: Godrej Properties topped with ₹2,360 Crore across 207 homes, followed by Oberoi Realty (₹1,818 Cr) and LodhaDevelopers (₹1,741 Cr). Godrej Trilogy Seafront, Worli was the top project at ₹1,199 Crore.
Corporate India rents at the top: Eight homes were leased for ₹20 Lakh a month or more between June and September 2026, seven of them by companies. The highest, ₹28.50 Lakh a month at Oberoi 360 West, Worli, comes to ₹3.42 Crore a year.
Q1 FY27 figures have been updated for registrations recorded since the July 2026 release.
About Lighthouse Luxury:
Lighthouse Luxury is a part of Lighthouse Proptech backed by a Multi-Million Dollar Tech fund Turbostart and Top Family Offices like the Dabur Family and many more. Founded by industry experts Mr.Sumesh Mishra and Mr.MurtuzaVapiwala, we are one of India’s first AI-enabled Luxury Real Estate companies catering to the needs of HNIs and UHNIs. We are blending our years of Luxury Real-Estate expertise with cutting-edge technology and developing platforms that can help us serve our elite clientele.
About Zapkey
Zapkey turns India's property registration records into usable market data — registered sale, rent and mortgage transactions, so buyers, sellers, developers and lenders can see what a property actually transacted at rather than what it was listed at. www.zapkey.com · @ZapKeyIndia
