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 across various cities. However, according to a recent report by ANAROCK Research, Delhi-NCR has recorded the fastest rise in luxury home prices between 2022 and 2025, surpassing other major cities like Mumbai and Bengaluru. This surge in luxury home prices in Delhi-NCR is a testament to the region’s growing appeal as a hub for high-end living and investment.
The report reveals 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 in prices can be attributed to various factors, including the region’s growing economy, infrastructure development, and the increasing demand for luxury housing. The rise in prices is also a reflection of the region’s limited supply of luxury homes, which has led to a seller’s market, where buyers are willing to pay a premium for high-end properties.
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 while other cities are also witnessing growth in luxury home prices, Delhi-NCR is leading the pack in terms of the pace of growth. The report suggests that Delhi-NCR’s proximity to the national capital, its well-developed infrastructure, and the presence of several multinational companies have contributed to its appeal as a luxury housing destination.
The rise in luxury home prices in Delhi-NCR is also driven by the growing demand from high-net-worth individuals (HNIs) and non-resident Indians (NRIs) who are looking to invest in luxury properties. These buyers are attracted to the region’s premium lifestyle, world-class amenities, and the potential for long-term appreciation in property values. Additionally, the Indian government’s efforts to boost the economy and improve the business environment have also contributed to the growth of the luxury real estate market in Delhi-NCR.
The report also highlights the emergence of new luxury housing hotspots in Delhi-NCR, such as Gurugram, Noida, and Greater Noida, which are witnessing significant demand from buyers. These areas are being developed with modern infrastructure, including wide roads, malls, and entertainment hubs, making them attractive to luxury homebuyers. The presence of several top-rated schools, hospitals, and recreational facilities in these areas has also added to their appeal as luxury housing destinations.
The growth in luxury home prices in Delhi-NCR is expected to continue in the coming years, driven by the region’s strong economy, infrastructure development, and the increasing demand for luxury housing. The report suggests that buyers who are looking to invest in luxury properties in Delhi-NCR should act quickly, as prices are expected to rise further in the future. Additionally, developers are advised to focus on creating high-quality, luxury projects that cater to the evolving needs and preferences of luxury homebuyers.
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 72% jump in luxury home prices surpasses other major cities like Mumbai and Bengaluru, making it the fastest-growing luxury housing market in India. The growth in luxury home prices is driven by various factors, including the region’s growing economy, infrastructure development, and the increasing demand for luxury housing. As the Indian real estate market continues to evolve, it will be interesting to see how the luxury housing market in Delhi-NCR and other cities shapes up in the coming years.
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