Archive · 28 May 2025
Luxury Homes Surge in NCR Driven by High Demand
Luxury homes are becoming super popular in the NCR area, with most new houses being fancy ones.
People with more money want bigger homes with cool features like workspaces and wellness areas.
Developers are building more of these homes, especially in places like Gurugram and Noida.
They're also making sure these homes are near good roads and other improvements.
This trend is because people have more money to spend and want a better way of life, making luxury homes the future of housing in this area.
Luxury housing dominates the NCR residential market, with 74% of new launches in Q1 2025 being premium.
NCR saw 7,709 new residential units launched in Q1 2025, a 17% increase over the last two years.
Gurugram led supply in Q1 with a 75% share, and Dwarka Expressway's launch share is rising.
Increased disposable incomes and lifestyle consciousness are driving demand for high-end homes.
Infrastructure development, including the Dwarka Expressway, is reshaping buyer preferences.
- Who
- Affluent homebuyers, HNIs, and NRIs
- What
- A surge in luxury home demand and launches.
- When
- Q1 2025
- Where
- National Capital Region (NCR), particularly Gurugram and Noida
- Why
- Increased disposable incomes, lifestyle consciousness, and infrastructure development are key factors.
- New Launches Q1 2025 (Premium)
- 74%
- Q1 2025 New Residential Units
- 7,709
- Q1 Supply Leader
- Gurugram (75% share)
- Gurugram YoY Growth
- 8%
- Noida YoY Growth
- 9%