Delhi NCR have shot up by an impressive 81% over the last five years: A bull run fueled by luxury demand
Delhi NCR: If you’re keeping a close eye on the real estate market in Delhi NCR, you’ve likely noticed the property buzz – prices and demand rising, new infrastructure developments, and a growing appetite for high – end homes. The region is setting new benchmarks in housing trends. According to ANAROCK, the property prices across Delhi NCR have shot up by an impressive 81% over the last five years. In 2020, the average rate stood at Rs 4,580 per sq ft. Fast forward to the first quarter of 2025, and that number has climbed to Rs 8,300 per sq ft. This growth pattern isn’t just limited to one region, it spans across key markets like Noida, Greater Noida, Delhi, and especially, Gurugram.
In just the first quarter of 2025, over 28 luxury projects hit the market, many selling out rapidly, a clear sign of strong demand. Renowned developers like DLF, M3M, and Godrej are shaping premium living through projects that blend smart automation, wellness amenities, eco – friendly designs, and global architectural partnerships. The projects offer everything from private elevators and concierge services to rooftop cafes and wellness zones.
For homebuyers, Gurugram’s appeal lies in its modern infrastructure, prime connectivity, and a lifestyle that matches that of global cities. Today’s buyers, especially affluent professionals, NRIs, and entrepreneurs prioritise not just square footage, but smart homes, sustainability, and exclusive community experiences. Gurugram’s growth story is backed by major infrastructural developments like the Dwarka Expressway, GCER, Southern Peripheral road, song with and extended metro connectivity, which have made living in the city even more attractive.
With reforms like RERA and various housing schemes improving market transparency and buyer confidence, Delhi NCR’s property market appears robust, and in no rush to cool down anytime soon. Gurugram remains a magnet for capital, with property prices in some micro – markets touching Rs 18,000 per sq ft. While speculation exists, the market is largely driven by genuine, long – term investors rather than short term flippers, indicating healthy demand.
Delhi NCR, especially Gurugram is evolving into an aspirational housing market of India. Developers are innovating rapidly, homebuyers are more informed and selective than ever, and investors see long – term values. However, with supply rising, sustained demand and project execution will be key to ensuring this growth continues without tipping into a bubble.