ET Graphic: How big a flat can $1 million buy in India ?
Prime residential property prices in India continued their upward climb, shrinking the space that $1 million can purchase in key cities like Mumbai, Delhi and Bengaluru, even as all three improved their positions in global rankings.
Prime residential prices in India continued to rise, reducing the area $1 million can buy across Mumbai, Delhi and Bengaluru, even as all three cities improved their global rankings. In Mumbai, $1 million now buys 1,033 sq ft, down from 1,066 sq ft in 2024. In Delhi, it fetches 2,207 sq ft compared with 2,239 sq ft last year. India’s rising share in global wealth is reinforcing demand for prime housing. The country accounts for 2.8% of the world’s ultra-high-net-worth individuals in 2026, up from just over 2% five years ago.
