The luxury real estate market in Mumbai is witnessing a new record for the sale of expensive houses. In one residential complex, the average cost of a house reached 152 crore rupees. This project is called Naman Xana and is located in the Versova area of Mumbai.
In the first half of the 2026-27 financial year, specifically from April to September 2026, three houses were sold in this project for a total of 456 crore rupees. Thanks to this, Naman Xana ranked first among the ten best luxury residential projects in Mumbai by the average price per house.
According to the Lighthouse Luxury report, this analysis is based on property registration data, specifically statistics from the Chief Inspector of Registration of Maharashtra (IGR). The report indicates that demand for luxury homes in prestigious areas of Mumbai remains strong, with prices in some selected projects reaching very high levels.
Although Naman Xana led in the average price per house, Godrej Trilogy Seafront won the category of total sales volume. In this project, also located in Versova, 54 houses were sold from April to September 2026, totaling 1,199 crore rupees. The average price per house here was approximately 22.2 crore rupees.
Oberoi Elysian ranked second in this list. Over the six-month period, 67 houses were registered for a total of 899 crore rupees, while Rustomjee Crown saw 51 houses sold for a total of 622 crore rupees.
Prestige Nautilus also entered the list of luxury residential projects in Mumbai. From April to September 2026, 18 houses were sold there for a total of 571 crore rupees, corresponding to an average price of about 31.7 crore rupees, and ranked second in the rating by average cost.
Lodha The Park registered the highest number of sales—76 houses, totaling 563 crore rupees, with an average house price of about 7.4 crore rupees. In Runwal Raaya, 36 houses were sold during the same period for a total of 550 crore rupees.
According to the report, a total of 496 houses were sold across the top 10 luxury residential projects in Mumbai over six months. The total value of these transactions reached 6,116 crore rupees. The project ranking was based on the total value of registered transactions, not the number of houses.
The statistics clearly demonstrate significant differences in prices between various projects in the Mumbai luxury real estate market. While the average price per house in Naman Xana was 152 crore rupees, in Godrej Reserve, this figure was significantly lower—around 5.7 crore rupees.