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Delhi-NCR Housing Prices Climb 12% Despite Subdued Sales
Homes in Delhi-NCR became more expensive in the third quarter of 2026.
The average price reached ₹9,980 for each square foot, which was 12% higher than a year earlier.
But the number of homes sold was slightly lower than it was in the same period last year.
Across seven major Indian city markets, prices rose by 7% on average.
ANAROCK linked rising costs for land and building materials to the increases.
More new homes were also in the expensive category: over 34% cost more than ₹2.5 crore.
Industry executives said better transport links, infrastructure and job opportunities continue to support demand, especially for premium homes.
Delhi-NCR’s average residential price reached ₹9,980 per sq ft in Q3 2026, up 12% year over year.
The region recorded the fastest annual price growth among the seven major cities tracked by ANAROCK.
Delhi-NCR sold 13,765 housing units in July–September 2026, down 1% from 13,920 a year earlier.
Across the seven cities, average prices rose 7% to ₹9,714 per sq ft.
Rising land and construction costs, alongside a greater focus on premium homes, were cited as factors behind the price increase.
- Who
- Homebuyers, developers and the Delhi-NCR housing market; the figures are from ANAROCK.
- What
- Average residential prices rose 12% year over year to ₹9,980 per sq ft, while sales fell 1%.
- Where
- Delhi-NCR, India.
- When
- July–September 2026 (Q3 2026), compared with the same period a year earlier.
- Why
- The article cites higher land and construction costs and a greater focus on premium, luxury and ultra-luxury homes.
Key facts
- Delhi-NCR average price
- ₹9,980 per sq ft in Q3 2026
- Delhi-NCR annual price change
- Up 12%
- Delhi-NCR homes sold
- 13,765 in July–September 2026
- Annual sales change
- Down 1%, from 13,920 units
- Seven-city average price
- ₹9,714 per sq ft, up 7% year over year
- NCR new supply above ₹2.5 crore
- More than 34% in the quarter
- Factors cited
- Higher land and construction costs, and an increased focus on premium and luxury housing
Sources
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