Delhi-NCR Housing Market Set to Surge by 16% in Q2 2025
Housing sales in Delhi-NCR are expected to rise by 16% to over 11,700 units in April-June 2025, driven by luxury home demand and new launches.
DelhincrHousing SalesLuxury HomesReal EstateNew LaunchesReal Estate NewsJun 28, 2025
New supply is estimated to reach 13,823 units in the second quarter of 2025, representing a 37% increase from the 10,084 units supplied in the same period last year. Samir Jasuja, founder and CEO of PropEquity, noted that the region has witnessed the most significant growth this quarter, particularly in Ghaziabad and Greater Noida.
India's largest realty firm, DLF, launched and completely sold out 1,164 units in its new luxury housing project, DLF Privana North, in Gurugram, generating Rs 11,000 crore. Additionally, Bengaluru-based Prestige Group launched the first phase of its township project 'Prestige City, Indirapuram' in April, comprising more than 3,400 units with a sales value of Rs 9,000 crore.
Other notable developers, including Signature Global, Smartworld Developers, Sobha Ltd, and Shapoorji Pallonji Real Estate, have also launched projects this quarter. Mohit Agarwal, Business Head of Conscient Infrastructure, commented on the strong sales and launches, stating, 'Luxury homes are becoming the new normal for young buyers in Gurugram, driven by a blend of aspirational, investment acumen, and lifestyle expectations.'
Rajat Khandelwal, Group CEO of Tribeca Developers, added, 'Homebuyers are clearly showing a strong preference for newly launched projects.' Tribeca launched three projects across Mumbai and Gurgaon this quarter, with the 'Trump Residences Gurgaon' selling out in under five hours. 'For quality developments in the right locations, buyer conviction continues to be very high,' Khandelwal emphasized.
In May, Smartworld Developers and Tribeca Developers sold all 298 units in the 'Trump' branded ultra-luxury residential project in Gurugram for Rs 3,250 crore. Garvit Tiwari, Director & Co-Founder of InfraMantra, highlighted the positive growth in the Delhi-NCR market, stating, 'This reaffirms the market's capacity to absorb current levels of stock and maturity to re-align itself with the prevalent demand-supply scenario.'
Abhisheikh Andlay, Founder of Andlay Estates, further noted, 'The 16% projected rise in housing sales across Delhi-NCR is a clear indicator of sustained buyer interest driven by enhanced infrastructure, newer inventory in affordable and mid-income segments, and better execution by top developers.' While other metro cities are experiencing a dip due to high saturation and pricing pressures, Delhi-NCR remains resilient, supported by policy reforms and emerging growth corridors like the Dwarka Expressway and New Gurgaon.
Frequently Asked Questions
What is the projected increase in housing sales in Delhi-NCR for Q2 2025?
Housing sales in Delhi-NCR are projected to increase by 16% to over 11,700 units in April-June 2025.
What factors are driving the growth in housing sales in Delhi-NCR?
The growth is primarily driven by a high demand for luxury homes and new launches across the region.
What is the estimated new supply in the second quarter of 2025?
New supply is estimated at 13,823 units in the second quarter of 2025, up 37% from the previous year.
Which companies have launched significant projects in the region?
DLF, Prestige Group, Signature Global, Smartworld Developers, Sobha Ltd, and Shapoorji Pallonji Real Estate have all launched notable projects in the region.
What are the key factors contributing to the resilience of the Delhi-NCR housing market?
The resilience is supported by policy reforms and emerging growth corridors like the Dwarka Expressway and New Gurgaon, as well as enhanced infrastructure and better execution by top developers.
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