According to data published by real estate consultancy Anarock, Delhi-NCR has become the leading region in India for the growth of house prices, with a notable 24% year-over-year increase during the July–September 2025 quarter. According to the survey, Delhi-NCR surpassed six other major cities, including Bengaluru, Chennai, Hyderabad, Pune, Mumbai, and Kolkata, demonstrating the region’s robust demand and steady real estate growth.
Rising building costs, a lack of new supply in desirable areas, and strong housing demand are the main causes of this price increase. Especially in Gurugram, Noida, and Greater Noida, end users and investors have shown a renewed interest in the NCR real estate sector in recent quarters. Due to the high sales of projects in these micromarkets, developers have been compelled to introduce additional premium and mid-segment housing developments in order to satisfy the increasing demand.
According to experts, developing the region’s infrastructure has also been a major factor in raising housing costs. Emerging real estate zones are now much easier to reach thanks to the completion of important connectivity projects like the Dwarka Expressway and upgraded metro lines. This has significantly increased the appeal of once “peripheral” locations for both residential and business developments. Furthermore, the steady flow of professionals brought in by the growing corporate, manufacturing, and IT industries keeps up the need for high-quality homes.
Pune and Hyderabad experienced price increases of between 10–12%, while Mumbai saw an increase of about 13%. Moderate rises of 6–8% were observed in Bengaluru and Chennai. Of the top seven cities, Kolkata experienced the least amount of price increases, at about 5%. Analysts point out that the robust momentum in Delhi-NCR is a result of a number of factors, including enhanced investor confidence in the region’s long-term prospects, higher buyer sentiment, and more regulatory openness.
In the future, analysts predict that Delhi-NCR home prices would probably stay stable, particularly in areas with high demand. As one of India’s most dynamic real estate markets, the NCR real estate market is set for continued development in the upcoming quarters thanks to intelligent urban planning, ongoing infrastructural improvements, and stable lending rates.
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