Mumbai’s Luxury Home Prices Now Rival New York’s Lower Manhattan
A new report reveals that premium apartment prices in Mumbai’s upscale Worli neighbourhood have reached ₹1 lakh per square foot — placing them on par with New York’s Lower Manhattan. The surge reflects a sharp rise in domestic wealth being invested in high-end Indian real estate. Worli alone now accounts for 40% of the country’s ultra-luxury homes priced above ₹40 crore, with over 20 deals above ₹100 crore in just three years. With millions of square feet under development and land transactions worth ₹7,600 crore since 2023, Mumbai’s luxury property market is entering unprecedented global territory.
