New Delhi. A big shift is currently going on in India’s residential real estate market. If the trend of houses today is explained in one line, then it is enough to say that people are now buying a premium lifestyle and not just a house. This is the reason why the luxury home segment above ₹ 1.5 crore has reached the top in the last three years, leaving all other categories behind. According to the latest report of Anarock, the main reasons behind this sharp growth are the increasing income and prosperity of the people, increasing demand for bigger and comfortable homes, and the inclination of buyers towards better quality and safe investment properties.
The average prices of premium homes have increased by 40%. While their price in 2022 was around ₹ 14,530 per square foot, by 2025 it may increase to around ₹ 20,300 per square foot. From the launch of new projects to the pace of sale of houses, the luxury segment is at the forefront. Delhi-NCR is making an important contribution in increasing the demand for luxury homes. Especially in Gurugram. Gurugram, known for tech and office, is growing rapidly and opportunities to buy homes in new areas are increasing.
Everyone’s focus on these areas
Some major micro markets around Delhi-NCR, especially Gurugram, are now attracting a lot of attention for investment and development. Dwarka Expressway is the fastest developing area. With its construction, travel to IGI Airport, Delhi and Yashobhoomi Convention Center has become easier. Golf Course Extension Road has also been attracting high-end developments.
Delhi-NCR becomes vibrant hub
Hero Realty CEO Rohit Kishore says that Delhi-NCR has emerged as a vibrant hub for high-end residential development. Micro-markets like Dwarka Expressway are witnessing continuous interest from buyers. The liveability index of the region is improving along with the infrastructure delivery, making it an attractive option for both end-users and investors.
Manik Malik, CEO of BPTP, says that the boom of luxury housing in Gurugram is a natural consequence of the increasing development of Delhi-NCR. In the last few years, the center of NCR real estate has clearly shifted towards Gurugram. The main reasons for this are improvement in infrastructure, expansion of metro, expressway connectivity and rapid clustering of corporate and GCC companies in key corridors.
Malik says that Golf Course Road, Golf Course Extension Road and Dwarka Expressway are attracting everyone. It is no surprise that almost 60% of new residential projects in NCR this year are priced above ₹2.5 crore, and Gurugram has the largest share of these. The ever-increasing dominance of these micro markets shows that rich people are strong and the desire to buy houses in big cities is increasing. The future of Indian real estate is mainly towards high-end i.e. luxury homes, which is supported by availability of money, fast sales and well-built infrastructure.
