Looking to bring luxury and convenience to your multi-storey home? Installing a home elevator is not only about accessibility. It also upgrades your lifestyle in a meaningful way. Before moving forward, most homeowners want to know how much does a home elevator cost and what is the average cost of a home elevator in India in 2025. This blog explains everything in a straightforward, easy-to-understand way so you can make an informed decision.
What is a Home Elevator?
A home elevator (also known as a residential elevator or home lift) is a compact lift designed to transport people between floors inside private residences. Modern models are stylish, energy-efficient, and built to match premium interiors.
Average Home Elevator Cost in India
In 2025, the average cost of installing a home elevator in India starts at ₹6 lakhs and can go up to ₹25 lakhs or more for luxury custom models.
Lift Type | Starting Price (Approx.) |
Basic Hydraulic Lift | ₹6–₹8 lakhs |
Premium Vacuum Elevator | ₹12–₹18 lakhs |
Luxury Custom Elevators | ₹20–₹25 lakhs+ |
Factors Affecting Price
- Number of Floors: More floors = higher cost.
- Design & Finish: Custom glass, steel, marble = premium pricing.
- Drive System: Hydraulic, traction, pneumatic – all differ in cost.
- Load Capacity: Standard (250–400 kg) vs heavy-duty lifts.
- Installation Conditions: Retrofit or new construction?
Recent blog
Hidden Home Elevator Costs You Should Know
- Annual Maintenance Contract (AMC): ₹15,000–₹40,000
- Civil Work & Shaft Construction: ₹1–2 lakhs
- Power Backup: Optional but recommended
- GST: 18% applicable on most elevator purchases
Final Words: How to Choose the Right Elevator
Price should not be the only factor. Consider:
- Safety features
- Aesthetic integration with your home
- After-sales service & AMC plans
- Space-saving models for small homes
If you’re investing in comfort, convenience, and future-proofing your home, a residential elevator is a smart upgrade.
FAQ
Is there EMI or financing available for home lifts?
Yes, many companies offer financing plans or partner with banks for EMI options.
How long does installation take?
Usually 10–25 working days, depending on lift type and civil readiness.
Do I need a pit or machine room?
Some models (like vacuum or hydraulic lifts) can be installed with minimal civil work and no pit.