Delhi NCR, Dec 26: As 2025 is set to end in a few days, activity in Delhi NCR’s premium housing market continues at a surprising pace. Properties in the ₹1 crore plus bracket have found steady takers through the year, mostly from families looking for more space or a better neighbourhood. Developers say many of these buyers began their search early in the year and stayed active regardless of season, which helped sustain sales across quarters. A CBRE–ASSOCHAM study reported that luxury housing sales jumped 85 percent in the first half of 2025, with NCR contributing more than half of those transactions.
That momentum also filtered into the luxury bracket. Homes priced at INR 4 crore and above, once restricted to a handful of sectors, now attract interest across a wider stretch of the region. Market reports show that demand for high-end homes has been rising for some time. ANAROCK’s data highlights the scale of this growth, with average luxury prices moving from about INR 13,450 per square foot in 2022 to nearly INR 23,100 in 2025. Brokers in Gurgaon and Noida say buyers in this range are particular about layout planning, finishes and the reputation of the developer.
According to a recent report by Savills India Research, prices of new villa properties in Goa compare with the apartments in South Delhi and South Mumbai, priced between Rs 7 crore and Rs 10 crore.
Mr. Dheeraj Sharma, CEO, GHD Group says,
“India’s property market in 2025 has maintained solid momentum, supported by confident buyers and improved infrastructure. The push for bigger, better homes is shaping demand across mid and premium tiers. Investor interest is also rising, keeping real estate one of the most stable investment avenues this year. Within this national growth story, Goa has emerged as one of the most dynamic and talked-about markets. The state has seen a sharp surge in luxury villa and holiday home demand, with North Goa locations like Porvorim and Thivim recording price jumps of up to 66% year-on-year. This year, a significant number of investors including NRIs and domestic buyers have actively invested in Goa, drawn by its strong rental potential and lifestyle appeal. Remote-working professionals have also continued to choose Goa as a long-term base, further increasing demand. Goa’s rise has been supported by major infrastructure improvements, including the expansion of Mopa Airport and enhanced highway connectivity, making the state more accessible for residents, tourists and investors alike. These developments have firmly positioned Goa as a premium lifestyle and investment hub. Looking ahead to 2026, Goa’s momentum is set to continue, with demand likely to outpace supply in key luxury and holiday-home hotspots.”
Dwarka Expressway and UER II Reset Connectivity for NCR
A major catalyst for Gurgaon’s premium housing momentum this year has been the completion of the Dwarka Expressway and Urban Extension Road II. Market participants across the board describe these projects as transformative. Many homebuyers and brokers frame the infrastructure push as a much-needed intervention delivered under the leadership of Prime Minister Narendra Modi. The expressway, in particular, is often referred to as a long-overdue “gift” to commuters who spent years navigating bottlenecks on the traditional Delhi–Gurgaon corridors.
With both corridors now operational, access to IGI Airport has become noticeably smoother, and commuters from West and North Delhi report shorter and more predictable travel times into Gurgaon’s commercial pockets. Real estate sentiment along the expressway has shifted sharply. Sectors that had remained inactive for years are now drawing sustained interest. Industry data shows steep price appreciation along the stretch over the last five years, with some estimates placing growth at more than three and a half times. Developers say most new demand here is for premium homes backed by improved access and the steady addition of social amenities.
UER II has had a similar effect in the northern belt. The new link connects Rohini, Mundka, Najafgarh and the Dwarka side with highways leading towards Sonipat and Kundli. For residents in these neighbourhoods, the project has created a faster link to the airport and to Gurgaon. Analysts say the enhanced connectivity has already begun to lift the profile of pockets that earlier struggled to attract buyers.
Venket Rao, Founder & Managing Partner, Intygrat Law:
“2025 has been a defining year for India’s real estate sector. The Reserve Bank of India’s consistent stance on repo rates has ensured a stable borrowing environment, giving both developers and homebuyers the confidence to plan long-term. At the same time, the government’s ongoing labour law reforms are bringing much-needed clarity, compliance transparency, and workforce efficiency to the construction ecosystem — a critical step for an industry that thrives on predictability and organized growth. What truly stands out this year is the government’s sustained push for real estate through infrastructure expansion, digital land governance, and policy incentives aimed at accelerating urban development. These efforts signal a clear national intent: to make real estate a cornerstone of India’s economic transformation. As we close the year, the sector is more resilient, more regulated, and better positioned to deliver sustainable value to investors, end-users, and the broader economy.”
Deepak Rai, Founder & Managing Director, Bootes, said,
“2025 has been a decisive year for real estate, reminding us that pollution, rising temperatures, water scarcity, and high energy consumption are immediate challenges. While the market remained stable and buyer confidence stayed strong across mid-income and premium categories, the biggest shift was the growing demand for sustainable, climate-responsible homes. More buyers now prioritise eco-friendly materials, energy efficiency, and net-zero living.”
He further added, “Looking ahead to year 2026, the real estate sector must take responsibility for mitigating these issues. Sustainability is no longer optional — green certifications, renewable energy integration, water-saving systems, and low-carbon construction will be fundamental expectations. The market will stay balanced, but the demand for climate-conscious homes will rise sharply. At Bootes, we are actively working on these solutions. From net-zero homes to energy-optimised designs and responsible construction practices, we are committed to building homes that support a cleaner, healthier, and sustainable future.”
Mr Gaurav K Singh, Chairman and Founder, Womeki Group says
“2025 has been a year of strong economic stability for India, marked by sustained GDP growth, a steady inflation trajectory, and continued improvement in the ease of doing business. The government’s push on infrastructure development, digital public services, and rationalised labour reforms has further strengthened investor confidence. As we move into 2026, the outlook remains optimistic. With capital investments rising, Tier 2 and Tier 3 markets gaining momentum, and policy consistency driving long-term planning, India is poised to unlock broader opportunities and reinforce its position as one of the world’s most resilient and fast-progressing economies.”
Henam Khaneja, Additional Vice President & Head of Commercial Sales, Elante Group,
“As we all know, this year is coming to an end, and 2025 has been a transformative year for the real estate sector. Stable interest rates, growing income confidence, and a definite shift toward quality-driven developments all contributed to the robust demand we saw in both the residential and commercial sectors. Buyers today are more informed and are prioritizing integrated living, sustainability, and long-term value. Tier-2 markets also gained momentum as infrastructure expansion and hybrid working models created new growth pockets. Heading into the year 2026, the market is expected to stay largely balanced, with a slight tilt towards buyers in a few pockets as inventory gradually increases. Mortgage rates may stabilise, improving affordability and boosting buyer confidence. The premium and luxury segment will continue to stay strong, driven by aspirational and high-net-worth buyers who prioritize lifestyle, design, and long-term value.”
The Outlook
With the year close to wrapping up, the premium segment stands out as one of the most stable parts of NCR’s residential market. A mix of infrastructure upgrades, improved connectivity and consistent end-user demand has defined 2025 for high-value housing. Developers say enquiry levels today indicate that the interest is unlikely to fade as the market moves into 2026.