Delhi-NCR Real Estate Prices Surge by 19%: Leading Growth in India
Delhi-NCR continues to dominate India’s real estate market, with home prices jumping 19% YoY and office rentals rising 9% YoY, according to Knight Frank India’s Q3 2025 report.
Real EstateDelhincrLuxury HousingOffice RentalsInfrastructureReal EstateOct 14, 2025
This dual momentum highlights NCR’s transformation into a mature, end-user-driven market. “The 19% YoY price appreciation is a clear indicator that the region’s luxury and premium segments are firing on all cylinders,” said Mudassir Zaidi, Executive Director – North, Knight Frank India.
The residential segment’s surge is largely attributed to the premium and luxury housing demand in Gurugram and Noida, where buyers are seeking larger, ready-to-move-in homes with world-class amenities. Despite stable sales volumes, the total transaction value continues to grow, signaling a shift toward higher-value purchases. Developers are ramping up lifestyle-led projects focusing on design, sustainability, and luxury.
“The 19% rise underscores the robust confidence of homebuyers in our region’s future,” said Ankush Kaul, President – Sales, Marketing & CRM, Central Park. “We’re seeing strong traction in premium and luxury segments that now dominate demand.”
Industry leaders attribute NCR’s rise to massive infrastructure push — from the Noida International Airport to the Yamuna Expressway expansion — and major investments from global players like Microsoft and the Adani Group. These developments are boosting both residential and commercial demand, enhancing NCR’s stature as a world-class urban hub.
NCR’s office market mirrored the housing boom, with office rentals up 9% YoY — driven by demand from Global Capability Centres (GCCs), BFSI, and consulting firms. Key business districts such as Gurugram’s Cyber City and Noida’s Sector 62 remain the most active micro-markets.
NCR also added 1.5 million sq ft of new office space in Q3 2025 — a 42% YoY increase — reflecting healthy absorption and developer confidence. “The NCR office market has transitioned from rapid growth to steady, sustainable expansion,” said Zaidi. “Occupiers continue to prioritise Grade-A spaces with superior infrastructure and accessibility.”
The Knight Frank report signals NCR’s entry into a balanced, sustainable growth phase — driven by genuine demand and disciplined supply. With housing prices climbing and commercial leasing staying strong, NCR stands out as India’s most dynamic and resilient property market, setting benchmarks for both developers and investors nationwide.
Frequently Asked Questions
What is the percentage increase in home prices in Delhi-NCR?
Home prices in Delhi-NCR increased by 19% YoY, according to Knight Frank India’s Q3 2025 report.
Which cities in India saw the highest home price growth?
Delhi-NCR saw the highest home price growth at 19% YoY, followed by Bengaluru at 15% and Hyderabad at 13%.
What is driving the growth in the residential segment in NCR?
The growth in the residential segment is largely driven by the demand for premium and luxury housing in Gurugram and Noida, where buyers are looking for larger, ready-to-move-in homes with world-class amenities.
How much did office rentals increase in NCR?
Office rentals in NCR increased by 9% YoY, driven by demand from Global Capability Centres (GCCs), BFSI, and consulting firms.
What major infrastructure projects are boosting NCR's real estate market?
Major infrastructure projects such as the Noida International Airport and the Yamuna Expressway expansion are significantly boosting the real estate market in NCR.
Related News Articles
Pune Metro's Underground Service to Revolutionize City's Transportation
Pune's infrastructure is set to receive a significant boost with the launch of Pune Metro's underground service, expected to start in September.
Mumbai Proptech Startup Truva Secures $3Mn in Seed Funding to Revolutionize Real Estate
Truva, a Mumbai-based proptech startup, has raised $3 million in seed funding to scale up its product stack and expand operations.
Kalpataru IPO: Real Estate Developer Files Draft Papers with SEBI to Raise Rs 1,590 Crore
Kalpataru IPO comprises solely a fresh issuance of equity shares worth Rs 1,590 crore with no offer-for-sale component.
Festive Season Tax Planning: Gifts, Donations, and Real Estate Purchases
Tax on gifts, Charitable Donations, Taxation on real estate purchases
Indian Tycoon Snaps Up Two Sea-Facing Apartments for Rs 198 Crore in Worli
The real estate market in Mumbai remains a hotbed for luxury property transactions, particularly in prime locations like Worli. One such high-profile purchase has recently made waves, as a prominent Indian businessman has acquired two sea-facing apartment
Vancouver Canucks Star Elias Pettersson Defrauded of $353K in Swedish Real Estate Scam
Vancouver Canucks forward Elias Pettersson has reportedly fallen victim to a real estate scam in Sweden, losing C$353,000. The incident, as reported by Daily Hive Vancouver, highlights the risks of international real estate transactions.