Worli emerges as India’s top Ultra-Luxury Housing market, Achieving ₹5,500 crore in Two-Year Sales: ANAROCK & 360 One Wealth Report

Worli has become India’s top ultra-luxury housing hub, leading ₹40 crore+ sales, driven by record deals, prime infrastructure, and unmatched demand from UHNW buyers.

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Worli has emerged as the capital of India’s ultra-luxury housing market, outpacing every metropolitan pocket from Bengaluru’s tech corridors to Delhi’s high-power diplomatic zones. According to new data from ANAROCK and 360 One Wealth, the Mumbai neighbourhood has single-handedly rewritten the country’s premium real estate hierarchy, accounting for nearly half of all Indian residential transactions above ₹40 crore.

Over the past two years alone, Worli has witnessed the sale of more than 30 ultra-premium homes, each priced above ₹40 crore, cumulatively generating over ₹5,500 crore. In a market where luxury sales are usually spread across several metros, Worli’s dominance signals a profound shift in wealth clustering, investor sentiment and the geography of Indian affluence.

A Micro-Market of Record-Breaking Deals

Across India’s luxury real estate landscape, no neighbourhood has demonstrated the consistency or velocity of Worli’s high-value transactions. The locality has also recorded more than 20 residential deals exceeding ₹100 crore in the past three years—a benchmark typically seen only in global real estate capitals.

One of 2025’s costliest deals also unfolded here: two super-luxury duplexes sold for over ₹700 crore, reaffirming Worli’s status as India’s most preferred address for the ultra-wealthy, including industrialists, fund managers, startup founders, and next-gen family office heads.

The ANAROCK and 360 One Wealth report, The Pinnacle of Luxury: Worli, describes the submarket as an exceptional case study in demand concentration. Anuj Puri, Chairman, ANAROCK Group, notes, “Worli today represents something larger than a luxury residential market. It is the physical manifestation of India's wealth concentration, a 40% stranglehold on the nation's ultra-high-net-worth residential transactions, commanding prices that rival global peers, supported by ₹69,000+ crore infrastructure ecosystem, and fed by an incoming ₹36,000+ crore pipeline.” He adds that “40% of India's entire ultra-luxury apartment market is now Worli.”

Pricing That Rivals Global Luxury Districts

Premium high-rise residences in Worli today command between ₹65,000 and ₹1,00,000+ per sq ft, placing the locality in the same league as international hotspots such as New York’s Lower Manhattan or London’s Mayfair.

The​‍​‌‍​‍‌​‍​‌‍​‍‌ submarket is characterized by a very steep price-to-size gradient of the houses. Properties worth less than ₹8 crore are, in all probability, less than 1,000 sq ft in area, while the area of the ₹8–16 crore range is 1,000–2,000 sq ft. The value of the rich homes is typically around ₹16–24 crore with roughly 2,000–3,000 sq ft, and those from ₹24 to 32 crore are further elongated to 3,000–4,000 sq ft.

Besides that, ultra-luxury homes that are priced at over ₹32 crore are less than 4,000 sq ft. The division here shows not only the vertical land scarcity but also the high price that buyers are willing to pay to live in this very popular ​‍​‌‍​‍‌​‍​‌‍​‍‌micro-market. Two decades of infrastructure and residential transformation—from erstwhile industrial clusters to curated lifestyle zones—have resulted in 4–5 million sq ft of premium residential and retail space currently under development.

Infrastructure Worth ₹69,000+ Crore Reshaping Worli

One of the strongest catalysts for Worli’s value surge has been its integration with Mumbai’s major new transport corridors. An investment footprint of ₹69,000+ crore in completed or ongoing infrastructure now spans the micro-market.

These​‍​‌‍​‍‌​‍​‌‍​‍‌ are some of the landmark projects:

  • The Bandra–Worli Sea Link  virtually changed the north–south connectivity.
  • Parts of the Mumbai Coastal Road, which are minimising the travel time time toward the South Mumbai and the western suburbs.
  • Modified  arterial networks that improve the access of both business and residential communities.

Commercial Spaces Adding Another Layer of Demand

Worli is not only a great place for living but it is transforming into a significant commercial center as well. Grade-A office spaces have an average monthly rent ranging from ₹180 to ₹375 per sq ft, and the vacancy levels are extremely low at 8.1%. In a country scenario where most commercial markets have to face double-digit vacancy rates, the case of Worli is what experts refer to as "scarcity pricing" which means that institutional investors consider the area to be the next major central business district of Mumbai.

The combination of top-notch homes, luxury retail, and premium office spaces is generating a robust community effect that is attracting both businesses and affluent families to the neighborhood.

The future growth of Worli is additionally backed by such a massive upcoming supply. In 2023, the total potential revenue of land deals in and around the area locals has exceeded ₹36,000 crores with more than ₹7,600 crores worth of deals already signed.

The value of the residential projects that are currently under construction is roughly between ₹19,000 and ₹21,000 crores. Besides that, the 40 acres of the future developments mainly residential and mixed-use led by India's top developers are likely to become a source of residential and mixed-use transactions worth thousands of crores. ​‍​‌‍​‍‌​‍​‌‍​‍‌

What sets Worli apart is not just pricing or scale—it is the concentration of demand from India’s most affluent individuals. The neighbourhood is now emblematic of the country’s shifting wealth map, where luxury is defined by vertical living, curated amenities, global-grade architecture and immediate access to business and lifestyle hubs.

Backed by unprecedented infrastructure spending, strong developer pipelines, and demand from ultra-high-net-worth families, Worli is firmly positioned as India’s most prized real estate destination—and one of Asia’s most competitive luxury housing markets.


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