The Delhi-NCR property market is witnessing strong momentum, with experts pointing to infrastructure development and urban expansion as the biggest reasons behind its growth. Once considered far-flung outskirts, many areas in the National Capital Region are now transforming into thriving hubs of opportunity. Expressways, metro lines, smart townships, and mixed-use clusters are not just improving connectivity but also reshaping how people live, work, and invest in the region.
A recent report by real estate consultancy JLL highlights that luxury housing sales in Delhi-NCR rose by 9 per cent in the first half of 2025 compared to the same period in 2024. The region now accounts for 65 per cent of all luxury housing sales across India’s top seven cities, showing its dominance in the premium housing segment. In fact, the share of luxury homes in NCR’s total sales has risen from 12 per cent in the first half of 2023 to 27 per cent in the first half of 2025. Gurugram has emerged as the epicenter of this growth, contributing 91 per cent of all luxury home sales in the region.
Experts believe that the rise in property demand is being fueled by large-scale infrastructure projects that are changing the region’s landscape. According to Dr Gautam Kanodia, Founder of KREEVA and Kanodia Group, areas such as New Gurgaon, Dwarka Expressway, and SPR Road are attracting massive interest because of better connectivity and urban planning. “From commercial towers to residential townships, every segment is benefitting. Developers are focusing on integrated projects that combine lifestyle features with strong investment potential,” he explained.
The much-awaited Dwarka Expressway is unlocking entirely new growth corridors, while the Golf Course Extension Road and SPR Road are pulling real estate activity outward from the city’s core. At the same time, metro expansions are connecting Noida, Greater Noida, Gurugram, and Delhi more tightly, making daily commuting faster and smoother. The upcoming Regional Rapid Transit System (RRTS) is expected to further reduce travel times and boost mobility between major centers.
This improved connectivity is also reshaping the retail segment. According to CBRE, retail space demand in NCR’s malls and high streets rose 25 per cent between January and June 2025, with fashion brands leading the way. Developers are seeing strong leasing momentum as vacancies reach historic lows, and upcoming hubs are becoming as attractive as established city centers. This shift shows how infrastructure upgrades are converting previously overlooked areas into vibrant real estate and retail markets.
Pankaj Jain, Founder and CMD of SPJ Group, pointed out that Gurugram’s retail activity is no longer restricted to traditional hubs. “Untapped micro-markets are growing rapidly. With new expressways and metro links, these areas are pulling in young families and professionals with rising incomes. Retailers see new opportunities to design curated ecosystems blending shopping, dining, and lifestyle experiences for a new consumer base,” he said.
Alongside Gurugram, other micro-markets are also making their presence felt. Siddharth Vihar, for example, is emerging as a promising luxury residential destination in the Noida-Greater Noida region. Developers are seeing strong demand from buyers looking for lifestyle-driven spaces that combine modern amenities with easy connectivity.
Prateek Tiwari, Managing Director of Prateek Group, said: “Noida-Greater Noida’s real estate story is being rewritten by infrastructure-led growth. Locations like Siddharth Vihar are becoming attractive for luxury housing because of expressways, metro links, and integrated township planning. Buyers today want homes that reflect a modern lifestyle while ensuring long-term value appreciation, and we are working to design projects that meet these expectations.”
This growing appetite for premium housing is supported by rising incomes and a desire for world-class amenities. Families and professionals are increasingly choosing luxury homes not just for comfort but also as a secure investment option. Developers, in turn, are focusing on integrated projects that combine residential, commercial, and retail spaces to create self-sufficient communities.
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The overall outlook for Delhi-NCR’s property market remains highly positive. With large-scale infrastructure upgrades, expanding metro lines, and expressways transforming mobility, more micro-markets are expected to gain prominence in the coming years. Retail demand is also rising, with brands moving beyond traditional high streets into newly developed hubs.
Luxury housing, which once had a limited share, is now a major growth driver. Gurugram remains the leader, but areas like Siddharth Vihar and Dwarka Expressway are fast catching up, showing how the region’s growth is becoming more balanced.
Industry experts agree that infrastructure will continue to be the most important catalyst. As connectivity improves and urban clusters expand, NCR’s property market is entering a new phase of development, offering both lifestyle value for homeowners and strong investment opportunities for businesses.
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