Delhi-NCR saw fastest rise in luxury home prices from 2022-25: Report
The Indian real estate market has witnessed a significant surge in luxury home prices over the past three years, with Delhi-NCR emerging as the leader in this segment. According to a report by ANAROCK Research, Delhi-NCR has recorded the fastest rise in luxury home prices, surpassing other major cities like Mumbai and Bengaluru. The report reveals that Delhi-NCR’s market has registered a whopping 72% jump in luxury home prices, rising from ₹13,450 per sq ft in 2022 to ₹23,100 per sq ft in 2025.
This impressive growth in Delhi-NCR’s luxury housing market can be attributed to several factors, including the region’s strategic location, excellent connectivity, and the presence of top-notch infrastructure. The city’s proximity to the national capital, New Delhi, also makes it an attractive destination for high-net-worth individuals and business leaders. The report suggests that the demand for luxury homes in Delhi-NCR has been driven by the growing number of affluent buyers seeking high-end properties with world-class amenities.
In comparison, the Mumbai Metropolitan Region (MMR) has logged a 43% rise in luxury home prices over the same period, while Bengaluru has followed with a 42% increase. These numbers indicate that Delhi-NCR has outpaced other major cities in terms of luxury home price appreciation, making it an attractive destination for investors and buyers alike.
The report by ANAROCK Research highlights the shifting trends in the Indian luxury housing market, with Delhi-NCR emerging as a new hub for high-end properties. The city’s luxury housing market has been driven by the growing demand for premium properties, with many developers launching new projects to cater to this segment. The report notes that the average price of luxury homes in Delhi-NCR has increased significantly over the past three years, making it one of the most expensive cities in India to buy a luxury home.
The growth in Delhi-NCR’s luxury housing market can also be attributed to the government’s initiatives to improve the city’s infrastructure and connectivity. The development of new highways, metro lines, and airports has made the city more accessible and attractive to buyers. Additionally, the city’s thriving economy, with a growing number of startups and businesses, has created a large pool of affluent buyers seeking luxury homes.
The report by ANAROCK Research also highlights the changing preferences of luxury home buyers in Delhi-NCR. According to the report, buyers are now seeking properties with high-end amenities, such as private pools, gyms, and spas. The report notes that many developers are now launching projects with these amenities, catering to the growing demand for luxury homes.
In terms of locations, the report suggests that areas like Gurugram, Noida, and Greater Noida have emerged as popular destinations for luxury home buyers in Delhi-NCR. These areas offer excellent connectivity, world-class infrastructure, and a range of amenities, making them attractive to buyers seeking high-end properties.
The growth in Delhi-NCR’s luxury housing market is expected to continue in the coming years, driven by the growing demand for premium properties. The report by ANAROCK Research notes that the city’s luxury housing market is expected to witness significant appreciation in prices, making it an attractive destination for investors and buyers alike.
In conclusion, the report by ANAROCK Research highlights the significant growth in Delhi-NCR’s luxury housing market, with the city emerging as the leader in terms of luxury home price appreciation. The city’s strategic location, excellent connectivity, and presence of top-notch infrastructure have made it an attractive destination for high-net-worth individuals and business leaders. As the demand for luxury homes continues to grow, Delhi-NCR is expected to remain a popular destination for buyers and investors seeking high-end properties.
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