05 Mar 2025
From luxury housing projects and modern office spaces to thriving retail hubs, Delhi-NCR has evolved into a dynamic ecosystem catering to the diverse needs of homebuyers, investors, and businesses. Delhi-NCR’s realty market is witnessing an upward trajectory, with the emergence of new micro-markets and massive infrastructure development. From luxury housing projects and modern office spaces to thriving retail hubs, Delhi-NCR has evolved into a dynamic ecosystem catering to the diverse needs of homebuyers, investors, and businesses.
Besides, the sector has registered record-breaking numbers across residential, commercial, and retail segments in recent years. The housing segment experienced a steep surge in demand for both luxury and premium housing, driven by increasing disposable incomes, favorable home loan rates, and the rise of hybrid work models. During Q3 2024, Delhi-NCR took the lead in the Indian property market as house prices increased 32% year over year, the highest among eight cities. This increase was fueled by strong demand in the luxury sector and market stability. Meanwhile, the commercial real estate sector mirrored this dynamism, with businesses increasingly seeking Grade-A office spaces. Commenting on the same, Manoj Gaur, President of CREDAI-NCR, says, “The Delhi-NCR’s realty market will continue with its exponential growth in 2025 due to continued demand across residential, commercial, and retail sectors." Thus, the year 2024 was defined by key trends shaping the region’s future trajectory. Technological integration became a focal point, with buyers showing a strong preference for smart home features and tech-enabled spaces that offer convenience and efficiency. Sustainability initiatives gained prominence as green buildings, energy-efficient designs, and eco-friendly developments became integral to residential and commercial projects.