NCR Housing Markets Show Balanced Growth in Q4 2025

The National Capital Region (NCR) has shown a balanced growth in the housing market during the fourth quarter of 2025. This balanced trend is particularly evident in Greater Noida, which has emerged as a strong supply-led market. The housing supply in Greater Noida increased by 9.6 per cent quarter-over-quarter (QoQ), while demand declined by 15.1 per cent during the same period. Despite the decline in demand, prices have remained stable, indicating a healthy market trend.

This balanced growth is a positive sign for the real estate sector in NCR. The stability in prices, despite the decline in demand, suggests that the market is not overheating and is capable of absorbing the new supply. This is crucial for maintaining investor confidence and ensuring sustainable development in the region.

Greater Noida's strong supply growth can be attributed to several factors, including the completion of several large-scale residential projects and the ongoing infrastructure development in the area. The government's efforts to improve connectivity and public amenities have also played a significant role in attracting developers and homebuyers to the region.

However, the decline in demand is a cause for concern. Economic uncertainties, changes in consumer preferences, and regulatory changes have all contributed to a slowdown in demand. Despite this, experts believe that the market is resilient and is likely to recover in the coming quarters. The focus on affordable housing and the implementation of the Real Estate (Regulation and Development) Act (RERA) have also helped in maintaining market stability.

In other parts of NCR, the market trends are varied. Gurgaon, for instance, has seen a more balanced supply and demand scenario, with both metrics growing at a moderate pace. The recovery in the job market and the completion of major infrastructure projects, such as the expansion of the metro network, have supported the growth in both supply and demand.

New Delhi, on the other hand, has seen a more subdued growth, with both supply and demand remaining relatively flat. The high property prices and the lack of new residential projects have been the primary reasons for the slower growth in this area. However, the government's push for urban renewal and the development of new residential zones is expected to boost the market in the future.

Overall, the NCR housing market is showing signs of resilience and balance. The strong supply growth in Greater Noida, coupled with stable prices, indicates a healthy market trend. While the decline in demand is a concern, the market's ability to absorb the new supply and maintain price stability is a positive sign. As the economy continues to recover and new projects come online, the NCR housing market is well-positioned for sustained growth in the coming years.

The real estate sector in NCR is a crucial component of the region's economic development. It not only provides housing solutions for the growing population but also drives job creation and infrastructure development. The balanced growth observed in the fourth quarter of 2025 is a testament to the sector's resilience and the effectiveness of government policies aimed at promoting sustainable development.

In conclusion, the NCR housing market's balanced growth in Q4 2025 is a positive indicator of the sector's health and future potential. The focus on affordable housing, infrastructure development, and regulatory reforms will continue to play a crucial role in driving the market forward. As the region continues to attract both domestic and international investors, the NCR housing market is poised for a promising future.