The skyline of the National Capital Region (NCR) is undergoing a profound transformation. For years, the luxury housing market was confined to a few established, high-end corridors but today, a new breed of discerning homebuyers and investors is looking beyond the familiar and turning their attention to developing pockets that are evolving into the region’s coveted addresses.
Market observers say this paradigm shift is being driven by a combination of two factors: the promise of an elevated, luxurious lifestyle and the potential for long-term returns.
The numbers tell a story of this change. According to a CBRE-ASSOCHAM report, India’s luxury housing segment witnessed an 85 percent year-on-year growth in the first half of 2025, with nearly 7,000 high-end residential units sold across top cities.
Delhi-NCR led this surge, clocking sales of approximately 4,000 luxury units (a threefold annualised increase), accounting for 57 percent to the total luxury segment.
Another report by real estate consultancy firm JLL showed a 9 percent jump in sales for luxury homes priced Rs 5 crore and above in Delhi-NCR in the first six months of 2025, with 5,168 units sold, or 65 percent of all luxury housing sales nationwide. This surge reflects a deeper aspiration for quality living, prioritising spaciousness, privacy and world-class amenities among the affluent, young professionals and expatriate Indians.