Luxury Demand and Infrastructure Development Propel Delhi NCR’s Real Estate Growth: PropTiger Report
According to PropTiger.com, the transaction and advisory services platform of REA India, residential property prices across India have continued to rise on a year-on-year basis, though the pace of this growth has moderated in recent years. The latest findings suggest that the real estate market is stabilizing, creating an environment conducive to steady and sustainable returns for both investors and end-users. This stabilization supports ongoing buyer participation while preserving the value generated by developers and investors, marking a shift from the rapid fluctuations of previous years to a more balanced and predictable market dynamic.
The Delhi National Capital Region (NCR) real estate market is distinguished by a discerning and sophisticated buyer base, one that prioritizes thoughtful and strategic investment decisions. Particularly in the luxury segment, homebuyers have become more selective, reflecting a growing appetite for premium residences that offer a comprehensive range of upscale amenities. This demand is fueled by multiple factors, including heightened interest in luxury housing options, increased investment activities from both domestic and international buyers, ongoing infrastructure development, and the expanding presence of corporate entities that support economic growth in the region.
Raghav Malhotra, Founder and Director of PRIME Developments, states, “Delhi NCR’s real estate market is undergoing a phase of stable and sustainable growth, driven by infrastructure upgrades, enhanced connectivity, and the development of premier micro-markets. In Gurugram, areas like Golf Course Extension Road (GCER), Dwarka Expressway, New Gurugram, and Sohna have emerged as key destinations. GCER, in particular, is witnessing a surge in new luxury residential launches. Today’s luxury homebuyers seek exclusivity and refined amenities, and developers are responding with more calibrated, high-quality offerings. As a result, Delhi NCR continues to set new standards in luxury and premium real estate, reinforcing its appeal among HNIs, NRIs, and discerning buyers.”
The region is also characterized by rapidly evolving micro-markets that are reshaping the definition of premium living. Established neighborhoods such as Greater Kailash and Defence Colony continue to attract attention, while emerging hubs like Noida Sector 150 and various parts of Gurugram—including Dwarka Expressway, New Gurugram, Golf Course Road, and Golf Course Extension Road—are becoming increasingly popular. These micro-markets feature modern townships equipped with sustainable infrastructure and world-class amenities, appealing to a new generation of homebuyers who prioritize exclusivity, convenience, and lifestyle quality. This transformation is positioning Delhi NCR as a national benchmark for luxury and premium real estate.
Infrastructure development remains one of the most significant growth drivers in the region. Large-scale projects such as the Dwarka Expressway, Delhi–Mumbai Expressway, Delhi–Gurugram Expressway, and new metro corridors are significantly enhancing connectivity and accessibility throughout the NCR. These improvements not only facilitate smoother commuting but also increase the attractiveness of peripheral micro-markets, making them viable residential and investment destinations. Additionally, the presence of a thriving luxury retail ecosystem, encompassing premium shopping complexes, fine dining establishments, and experiential leisure venues, further enhances the region’s appeal for affluent residents and visitors alike.
For investors and buyers considering premium residential units, staying abreast of market trends is essential, as these trends influence pricing strategies, promotional offers, and overall buyer sentiment. Developers, recognizing this environment, are expected to introduce more strategically planned residential projects that align with evolving buyer preferences and market realities. This phase of cautious consolidation is fostering a more sustainable and balanced growth trajectory for the Delhi NCR real estate market. With continued investment in infrastructure, seamless connectivity, and the development of vibrant lifestyle hubs, Delhi NCR is well-positioned to maintain its status as a premier destination for luxury housing and new residential launches.