CNN Central News & Network–ITDC India Epress/ITDC News Bhopal: Luxury real estate in Delhi-NCR is seeing sustained growth, offering buyers a diverse range of options, from established high-end neighborhoods to rapidly developing micro-markets. The housing segment experienced a steep surge in demand for both luxury and premium housing, driven by increasing disposable incomes, buyers’ changing lifestyle preferences, favorable home loan rates, and various other factors.
As per CBRE, the real estate sector saw a growth in land deals in 2024, with transactions exceeding 2,200 acres from around 1,900 acres in the previous year, with Delhi-NCR taking the lead. Besides, the Delhi-NCR micro-markets led the chart with over 40 land deals, with Gurugram accounting for more than 60%, followed by Noida and Greater Noida with a 25% share of NCR deals. This uptick in activity across regions highlights a major shift in the luxury housing segment.
Amidst this growth, NCR has seen new and developing sectors, driven by the rise of modern infrastructure, world-class amenities, and competitive pricing. While premium locations like Lutyens’ Delhi, Golf Course Road in Gurugram, and Noida’s Sector 150 have long been the hallmark of luxury living, commanding significant price premiums, newer sectors and developing corridors such as Dwarka Expressway, SPR, Siddharth Vihar in Ghaziabad, Sectors 76-95 in New Gurugram and Greater Noida West are redefining upscale living with modern townships, sustainable infrastructure, and luxury living.
Manoj Gaur, President CREDAI NCR and CMD Gaurs Group, says, “Luxury living in NCR is no longer confined to legacy locations. New developments in emerging corridors are redefining what premium real estate means. The projects in these locations integrate cutting-edge architecture, high-end amenities, and smart home features, catering to a new generation of buyers who seek both exclusivity and modern convenience. Therefore, we believe the future of premium living lies in well-planned, amenity-rich communities that offer seamless connectivity and unparalleled lifestyle benefits.”
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