Newsvoir
New Delhi (India), February 25: Delhi-NCR luxury real estate is seeing sustainable growth, offering buyers a variety of options, from established high-end regions to rapidly developing micromarkets I’m doing it. The housing segment saw a surge in demand for both luxury and premium homes due to increased disposable income, changing lifestyle preferences for buyers, favorable mortgage fees and a variety of other factors.
According to CBRE, the real estate sector grew in land transactions in 2024, with Delhi NCR leading from around 1,900 acres the previous year to over 2,200 acres. Additionally, Delhi NCR’s micromarket led the charts in over 40 land transactions, with Gurugram accounting for over 60%, followed by Noida and Greater Noida with a 25% share of NCR transactions. This increase in activity across the region highlights a major change in the luxury housing segment.
In this growth, NCR has seen a new development sector driven by the rise of modern infrastructure, world-class amenities and competitive pricing. Premium locations such as Lutyens’ Delhi, Golf Course Road in Gurugram, Sector 150 in Noida, for a long time, have developed a fair price premium, new sectors, corridors such as Dwarka Expressway, SPR, Siddharth Vihar, Siddharth Vihar and more. The 76-95 of Sector Sector Newgargram and Greater Noidah West redefines luxury living in modern townships, sustainable infrastructure and luxurious living.
Manoj Gaur, president of Credai NCR and CMD Gaurs Group, said, “Luxury at the NCR is no longer limited to legacy locations. The new development of emerging corridors is redefineing the meaning of premium real estate. Projects in these locations integrate cutting-edge architectures. High-end amenities and smart home features are living for a new generation of buyers looking for both exclusiveness and modern convenience. It is located in a community rich in well-planned amenities that offer seamless connectivity and the benefits of an unparalleled lifestyle.”
Market trends show support for improved connectivity and proximity to major business hubs, Dwarka Expressways and SPR, witnessing significant traction in residential development in 2024, with 88% It holds stocks in Meanwhile, in Noida, Sector 150 has emerged as a major micromarket, driving real estate growth amid increasing demand for premium homes with premium amenities. The sector recorded a 12% year-on-year rise in luxury rental prices in H1 2024, followed closely by the Noidan Noida Expressway at 11%.
Sandeep Chillar, founder and chairman of Landmark Group, said, “The real estate market of the NCR, particularly the city of Gurugram, has experienced tremendous growth over the years. Hallways like the Dwarka Expressway and SPR are a place to be a luxury real estate hub. Great connectivity, these corridors will attract end users and investors. As these micromarkets mature, when compared to traditional luxury sectors, they are modern amenities and sustainable. It offers a luxurious living experience through a fusion of infrastructure.
Furthermore, according to an Anagol report, Ghaziabad continues on an upward trajectory, with Siddharth Vihar and Indirapuram appearing as a micromarket sought for high-end living. Premium projects like Siddharth Vihar’s Prateek Grand Begonia offer capital and rental valuations through attractive investment opportunities. The group offers a limited 30:70 payment plan where 10% at booking, another 20% within 90 days, and the remaining 70% can pay 10% when they receive the final demand letter. Masu. This flexible plan provides buyers with convenient and attractive options for protecting their units, reducing financial burden. Additionally, this growth shows significant demand for luxury properties in the region, as property prices are valued at Siddharth Vihar.
Dr. Gautam Kanodia, founder of Kreeva and Kanodia Group, said, “The premium market offers stability and long-term value, but offers sudden prices. Meanwhile, the newly emerging micromarket is an early investment. Promises high growth potential with declines in the new age investor and home buyer seeking luxury like the new Gurgaon and Golf Course Road, offering luxury development at competitive prices. These sectors have witnessed the rapid growth of infrastructure, an increasing demand for luxury living, and a micromarket for choosing a lucrative life among home buyers.
Rajjath Goel, Managing Director, MRG Group, said: “As luxury real estate evolves in NCR, there is a clear shift in integrated townships offering green spaces, wellness amenities and high-end concierge services. Homes designed along corridors like the Dwarka Expressway continue to grow. It is strengthening that meets modern aspirations and creates a luxurious life that is more than just the best place.”
So choosing a premium location and a new micromarket ultimately results in what each of them offer. As emerging corridors mature, they are redefining luxury in NCR, setting their premium lifestyles to be more accessible, dynamic and investment-friendly.
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(The story comes from the Syndicate Feed and has not been edited by Tribune staff.)
