Knight Frank’s Wealth Report 2026 shows India’s luxury housing boom accelerating in 2025. Bengaluru leapt 32 spots to become the world’s 8th fastest-growing luxury market, supported by a 9.4% year-on-year price rise. Mumbai also entered the global top 10 as super-prime demand surged, boosting prices and signaling growing wealth-led appetite.
India has climbed to sixth worldwide for ultra-high net worth individuals, reaching 19,877 in 2026, with projections placing the number at 25,217 by 2031. The Knight Frank report also flags a 58% surge in India’s billionaire count to 207, putting it third globally. While Mumbai leads, wealth share is spreading to Delhi, Chennai and Hyderabad.
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