Delhi-NCR saw fastest rise in luxury home prices from 2022-25: Report
The Indian real estate market has witnessed significant growth in recent years, with luxury homes being a major contributor to this trend. According to a report by ANAROCK Research, Delhi-NCR has emerged as the region with the fastest rise in luxury home prices between 2022 and 2025. This surge has surpassed the growth seen in other major cities like Mumbai and Bengaluru, making Delhi-NCR a hub for luxury real estate.
The report highlights that Delhi-NCR’s market registered a whopping 72% jump in luxury home prices, rising from ₹13,450 per square foot in 2022 to ₹23,100 per square foot in 2025. This significant increase can be attributed to the growing demand for high-end properties in the region, driven by factors such as improved infrastructure, enhanced lifestyle amenities, and a thriving economy.
In comparison, the Mumbai Metropolitan Region (MMR) logged a 43% rise in luxury home prices over the same period, while Bengaluru followed with a 42% increase. These numbers indicate that Delhi-NCR has outpaced other major cities in terms of luxury real estate growth, making it an attractive destination for investors and homebuyers alike.
The report also notes that the luxury home segment in Delhi-NCR has been driven by the demand for high-quality properties in prime locations. Areas like Gurugram, Noida, and Delhi’s upscale neighborhoods have seen a significant increase in luxury project launches, catering to the growing demand for premium housing. These projects often come with top-notch amenities, such as private clubs, swimming pools, and state-of-the-art security systems, making them highly desirable among homebuyers.
Another factor contributing to the rise in luxury home prices in Delhi-NCR is the growth of the city’s economy. The region has emerged as a major hub for industries like IT, finance, and manufacturing, attracting a large number of professionals and entrepreneurs. This influx of high-income earners has led to an increased demand for luxury properties, driving up prices in the process.
The report’s findings also highlight the importance of infrastructure development in driving real estate growth. Delhi-NCR’s improved connectivity, thanks to the expansion of the metro network and the development of new highways, has made it easier for people to travel and access different parts of the city. This, in turn, has increased the attractiveness of the region for homebuyers and investors, leading to a surge in luxury home prices.
In addition to these factors, the report notes that the luxury home segment in Delhi-NCR has also been driven by the presence of high-quality educational institutions, healthcare facilities, and entertainment options. The region is home to some of the country’s top-ranked schools and universities, as well as world-class hospitals and shopping malls. These amenities have made Delhi-NCR an attractive destination for families and individuals looking for a high-quality lifestyle.
The rise in luxury home prices in Delhi-NCR is also expected to have a positive impact on the overall real estate market. As prices increase, it is likely to attract more investors and developers to the region, leading to the launch of new projects and the creation of new jobs. This, in turn, will contribute to the growth of the local economy, making Delhi-NCR an even more attractive destination for homebuyers and businesses alike.
In conclusion, the report by ANAROCK Research highlights the significant growth in luxury home prices in Delhi-NCR between 2022 and 2025. With a 72% jump in prices, the region has surpassed other major cities like Mumbai and Bengaluru, making it the fastest-growing luxury real estate market in the country. Driven by factors such as improved infrastructure, a thriving economy, and a high demand for premium properties, Delhi-NCR is expected to continue its growth trajectory in the coming years.
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