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 highlights the growing demand for luxury housing in the region, driven by factors such as increasing disposable incomes, urbanization, and infrastructure development.
The data reveals that Delhi-NCR’s luxury home market registered a whopping 72% jump in prices, rising from ₹13,450 per square foot in 2022 to ₹23,100 per square foot in 2025. This significant increase in prices can be attributed to the region’s strategic location, world-class infrastructure, and amenities, making it an attractive destination for high-end homebuyers.
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 home price appreciation, making it a hub for high-end residential developments.
The report also highlights the factors contributing to the growth of the luxury housing market in Delhi-NCR. One of the primary drivers is the increasing demand for premium properties from high-net-worth individuals (HNIs) and non-resident Indians (NRIs). The region’s proximity to the national capital, coupled with its well-developed infrastructure and amenities, makes it an attractive destination for those seeking luxury living.
Another factor driving the growth of the luxury housing market in Delhi-NCR is the development of new infrastructure projects, such as the expansion of the Delhi Metro and the construction of new highways. These projects have improved connectivity and accessibility, making the region more appealing to homebuyers.
The rise in luxury home prices in Delhi-NCR is also attributed to the limited supply of high-end properties in the region. The demand for luxury housing has been on the rise, but the supply has not kept pace, leading to an increase in prices. This trend is expected to continue, with developers focusing on building premium properties to cater to the growing demand.
The report also notes that the luxury housing market in Delhi-NCR is expected to continue growing, driven by the region’s economic growth and increasing demand for high-end properties. The development of new commercial hubs and business districts in the region is also expected to drive demand for luxury housing, as more companies and startups establish their presence in the area.
In conclusion, the report by ANAROCK Research highlights the significant growth of the luxury housing market in Delhi-NCR, with the region recording the fastest rise in luxury home prices over the past three years. The increasing demand for premium properties, limited supply, and development of new infrastructure projects have all contributed to the surge in prices. As the region continues to grow and develop, it is expected that the luxury housing market will remain a key driver of the Indian real estate sector.
The growth of the luxury housing market in Delhi-NCR also has implications for the broader real estate sector. The increase in prices is expected to have a ripple effect, driving up prices in other segments of the market as well. This trend is likely to continue, with the region’s economic growth and increasing demand for housing driving the market forward.
Overall, the report provides valuable insights into the luxury housing market in Delhi-NCR and highlights the region’s potential for growth and development. As the Indian real estate sector continues to evolve, it will be interesting to see how the luxury housing market in Delhi-NCR performs in the coming years.
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