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 home prices rising steadily across major cities. According to a report by ANAROCK Research, Delhi-NCR has recorded the fastest rise in luxury home prices between 2022 and 2025, surpassing Mumbai and other major cities. This trend is a testament to the region’s growing appeal as a hub for luxury living and investment opportunities.
The report states that Delhi-NCR’s market registered a staggering 72% jump in luxury home prices, rising from ₹13,450 per square foot in 2022 to ₹23,100 per square foot in 2025. This surpasses the Mumbai Metropolitan Region, which logged a 43% rise, and Bengaluru, which followed with a 42% increase over the same time. The significant growth in Delhi-NCR’s luxury home market can be attributed to various factors, including the region’s improving infrastructure, growing demand for high-end housing, and the presence of major business hubs.
One of the primary drivers of the luxury home market in Delhi-NCR is the region’s strategic location and connectivity. The city is well-connected to major business centers, airports, and other parts of the country, making it an attractive destination for business professionals and entrepreneurs. Additionally, the region is home to several major business hubs, including Gurgaon and Noida, which have witnessed significant growth in recent years.
Another factor contributing to the growth of the luxury home market in Delhi-NCR is the improving infrastructure in the region. The city has seen significant investments in infrastructure development, including the expansion of the metro network, construction of new highways, and upgrading of existing roads. This has improved connectivity and reduced travel times, making the region more attractive to homebuyers and investors.
The growing demand for luxury housing in Delhi-NCR is also driven by the increasing disposable income of the region’s residents. As the economy grows and more people enter the high-income bracket, the demand for luxury homes and amenities has increased. This has led to a surge in the development of high-end residential projects, offering world-class amenities and services to discerning homebuyers.
The report by ANAROCK Research also highlights the growing appeal of Delhi-NCR as a destination for luxury homebuyers. The region offers a unique blend of traditional and modern living, with a range of cultural, entertainment, and recreational options available. From high-end shopping malls to world-class restaurants and entertainment venues, Delhi-NCR has something to offer for everyone.
In comparison, Mumbai, which has traditionally been the hub for luxury living in India, has seen a more modest growth in luxury home prices. The Mumbai Metropolitan Region logged a 43% rise in luxury home prices between 2022 and 2025, which is significant but lower than Delhi-NCR’s growth. Bengaluru, which has emerged as a major hub for technology and startup companies, followed with a 42% increase in luxury home prices over the same period.
The growth in luxury home prices in Delhi-NCR is expected to continue in the coming years, driven by the region’s growing economy, improving infrastructure, and increasing demand for high-end housing. As the city continues to evolve and grow, it is likely to attract more investors and homebuyers, further driving up demand and prices for luxury homes.
In conclusion, the report by ANAROCK Research highlights the significant growth in luxury home prices in Delhi-NCR between 2022 and 2025. The region’s improving infrastructure, growing demand for high-end housing, and increasing disposable income have contributed to the fastest rise in luxury home prices in the country. As the Indian real estate market continues to evolve, it will be interesting to see how Delhi-NCR’s luxury home market performs in the coming years.
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