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Delhi NCR Luxury Homes Soar 72% Amidst Market Boom
26 Nov
Summary
- Delhi NCR led all cities with a 72% surge in luxury home prices.
- Luxury home prices across top seven Indian cities rose 40% since 2022.
- NCR leads appreciation in luxury, mid-range, and affordable housing segments.
India's real estate landscape has dramatically changed, with luxury housing now the preferred choice for homebuyers over the past three years. Data from ANAROCK reveals that Delhi NCR has outpaced Mumbai, Bengaluru, and Pune, demonstrating the sharpest rise in home prices across nearly all budget segments.
Luxury homes, priced above Rs 1.5 crore, have been the market's strongest segment. Nationally, these prices rose 40% from 2022 to 2025. However, Delhi NCR saw an exceptional 72% increase, reaching approximately Rs 23,100 per sq ft. This growth outpaces even high-cost markets like MMR and Bengaluru.
This trend reflects a post-pandemic buyer shift towards larger, better-designed homes. NCR's consistent growth across luxury, mid-range, and affordable segments underscores its robust market performance, driven by improved infrastructure, new premium launches, and strong interest from both end-users and investors.
