Delhi-NCR Records 19% Rise in Residential Prices
- October 24, 2025
- By: Sanyukta Baijal
- NEWS
The real estate landscape of Delhi-NCR is on fire in terms of its prices. Recently, the region saw a whopping 19% surge in the costing of the real estate market as compared to 2024. As per a new report by Knight Frank, the growth happened this year from July to September in residential sector specifically. According to the data, this is the fastest growing market in India among top cities.
The rise in market prices is being driven by genuine buyers seeking luxury homes in prime locations of Delhi-NCR, rather than by speculators. There's been a rise in demand in areas like Noida and Gurugram where people are preferring premium amenities, ready-to-move-in property, spacious layouts and better construction quality.
On the other hand, developers are stepping up and acing their game to meet the demands of the consumers. While the number of sales has stabilised, the total value of deals keeps rising, showing strong buyer confidence and demand for premium homes
Mudassir Zaidi of Knight Frank India said, "This growth is healthy, not speculative, as it is backed by genuine end-user confidence and a diminishing supply of quality inventory."
Not only residential but high-end office spaces are also in demand which is keeping the rental curve upward. The average office rents are rising by 9% every year. The key areas driving office leasing in Delhi-NCR this quarter were Gurugram’s Cyber City and Golf Course Road, along with select pockets of Noida. These established commercial structures go on to lure big companies and startups due to limited space and high occupancy.
During the same period, developers introduced 1.5 million sq. ft. of new office spaces to the market, which represents a 42% increase in completed projects as compared to the previous three months. This massive addition of premium and spacious work places in buildings indicates that builders are pretty confident about the rise in demand for commercial properties in Delhi-NCR in near future. They also seem optimistic about the region’s growth potential especially amidst Jewar International Airport launch and the other development in the area.
