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 homes being a major contributor to this trend. According to a recent report by ANAROCK Research, Delhi-NCR has recorded the fastest rise in luxury home prices over the last three years, surpassing other major cities like Mumbai and Bengaluru. This surge in luxury home prices is a testament to the growing demand for high-end properties in the region.
The report states 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 growing economy, infrastructure development, and the increasing demand for luxury properties from high-net-worth individuals.
Delhi-NCR’s growth in luxury home prices surpasses that of Mumbai Metropolitan Region, which logged a 43% rise over the same period. Bengaluru, another major city in India, followed with a 42% increase in luxury home prices. This trend indicates a shift in the Indian real estate market, with Delhi-NCR emerging as a hub for luxury properties.
The report highlights the growing popularity of Delhi-NCR as a destination for luxury homebuyers. The region’s well-developed infrastructure, proximity to major business hubs, and the availability of high-end amenities have made it an attractive destination for those seeking luxury properties. Additionally, the government’s initiatives to improve the region’s infrastructure and connectivity have further boosted the demand for luxury homes in Delhi-NCR.
The luxury home market in Delhi-NCR is characterized by high-end properties with world-class amenities, including private pools, gyms, and spas. These properties are designed to cater to the needs of high-net-worth individuals who demand the best in terms of luxury and comfort. The report notes that the average price of a luxury home in Delhi-NCR is now over ₹5 crore, indicating a significant increase in prices over the last three years.
The growth in luxury home prices in Delhi-NCR is also driven by the increasing demand from non-resident Indians (NRIs) and foreign investors. These buyers are attracted to the region’s stable economy, political stability, and the potential for long-term capital appreciation. The report notes that NRIs and foreign investors now account for a significant share of luxury homebuyers in Delhi-NCR, further driving up prices.
The report’s findings have significant implications for the Indian real estate market. The growth in luxury home prices in Delhi-NCR is likely to have a ripple effect on the broader market, driving up prices in other segments as well. This trend is also likely to attract more investors to the region, further boosting the demand for luxury properties.
In conclusion, the report by ANAROCK Research highlights the significant growth in luxury home prices in Delhi-NCR over the last three years. The region’s 72% jump in luxury home prices surpasses that of other major cities like Mumbai and Bengaluru, making it the fastest-growing luxury home market in India. The growing demand for luxury properties, driven by high-net-worth individuals, NRIs, and foreign investors, is likely to continue driving up prices in the region.
As the Indian real estate market continues to evolve, it will be interesting to see how the luxury home market in Delhi-NCR performs in the coming years. With the government’s initiatives to improve infrastructure and connectivity, and the growing demand for luxury properties, Delhi-NCR is likely to remain a hub for luxury homes in India.
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