Delhi-NCR saw fastest rise in luxury home prices from 2022-25: Report
The Indian luxury real estate market has witnessed significant growth over the past few years, with various cities experiencing a surge in high-end property prices. According to a recent report by ANAROCK Research, Delhi-NCR has emerged as the region with the fastest rise in luxury home prices from 2022 to 2025. The report reveals that Delhi-NCR’s market registered a whopping 72% jump in luxury home prices, surpassing other major cities like Mumbai and Bengaluru.
The data shows that luxury home prices in Delhi-NCR rose from ₹13,450 per square foot in 2022 to ₹23,100 per square foot in 2025. This significant increase can be attributed to various factors, including the region’s growing economic importance, infrastructure development, and the increasing demand for high-end properties. The report also highlights that Delhi-NCR’s luxury market has been driven by the demand for premium properties in areas like Gurugram, Noida, and Delhi.
Mumbai Metropolitan Region, which has traditionally been one of the most expensive real estate markets in India, logged a 43% rise in luxury home prices over the same period. Bengaluru, another major hub for luxury real estate, followed with a 42% increase in high-end property prices. While these cities have also seen significant growth, Delhi-NCR’s 72% jump is the highest among all the major cities in India.
The report by ANAROCK Research also highlights the factors that have contributed to the growth of Delhi-NCR’s luxury real estate market. Some of the key factors include the region’s growing economy, improved infrastructure, and the increasing demand for high-end properties. The report also notes that the government’s initiatives to improve the region’s infrastructure, such as the expansion of the Delhi Metro and the development of new highways, have also played a significant role in driving the growth of the luxury real estate market.
The growth of Delhi-NCR’s luxury real estate market is also driven by the demand for premium properties from high-net-worth individuals (HNIs) and non-resident Indians (NRIs). These buyers are looking for high-end properties that offer luxury amenities, security, and a prestigious address. The report notes that many developers in Delhi-NCR are now focusing on building luxury projects that cater to the demands of these buyers, with amenities like private swimming pools, rooftop gardens, and smart home technology.
The rise in luxury home prices in Delhi-NCR is also expected to have a positive impact on the overall real estate market in the region. The report notes that the growth of the luxury market is likely to trickle down to the mid-range and affordable segments, driving up prices and demand in these segments as well. This, in turn, is expected to benefit developers, investors, and homebuyers who are looking to buy or sell properties in the region.
In conclusion, the report by ANAROCK Research highlights the significant growth of Delhi-NCR’s luxury real estate market, with a 72% jump in luxury home prices from 2022 to 2025. The region’s growing economy, improved infrastructure, and increasing demand for high-end properties have all contributed to this growth. As the Indian luxury real estate market continues to evolve, it will be interesting to see how Delhi-NCR’s market performs in the coming years.
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