The housing sector in Delhi-NCR is experiencing remarkable growth, significantly surpassing other metropolitan areas. According to a recent report by PropEquity, housing sales are projected to increase by 16% in the April to June 2025 quarter, with an estimated 11,700 units expected to be sold, compared to 10,114 units during the same timeframe last year. Unlike Mumbai and Bengaluru, which are facing market saturation, the NCR real estate market is thriving due to a unique combination of buyer confidence and a steady supply of new properties.

Developers in the Delhi-NCR region are responding to this demand with a 37% increase in new supply, introducing 13,823 units in just one quarter. The market's fundamentals are strong, with a healthy absorption rate indicating that demand continues to outstrip supply.

The current surge in demand can be attributed to several favorable conditions. There is a growing interest in luxury and upper-mid segment homes, driven by discerning buyers who prioritize quality and location. Additionally, stable interest rates, low inventory levels, and significant infrastructure developments, such as the Dwarka Expressway and the upcoming Noida International Airport, are contributing to this trend. Both NRIs and millennials are increasingly investing in the market, signaling a shift towards a premium, future-ready property landscape.

Sahil Agrawal, CEO of Nimbus Group, notes that demand is significantly outpacing supply in the region. He emphasizes that buyers are now more informed and are looking for value, lifestyle, and potential growth, which they are finding in NCR. He highlights strong interest from end-users and investors, particularly in areas like Noida-Greater Noida and along the Yamuna Expressway. With the anticipated 16% rise in housing sales, he believes this momentum indicates a long-term transformation of the region into a stable, premium housing hub.

Ishaan Singh, Director at AIPL, asserts that the Delhi-NCR market has entered a new phase of rapid growth, characterized by a shift towards premium living. Buyers are increasingly seeking lifestyle enhancements, modern infrastructure, and reputable developers. This trend is particularly evident in Gurugram, where areas like Dwarka Expressway are attracting affluent buyers. Singh anticipates that this growth will continue strategically for years to come.

Developer sentiment in Delhi-NCR remains optimistic, with many new projects focusing on the premium segment. Notable developers are concentrating on high-value offerings that meet the expectations of sophisticated buyers. Gurugram and Noida are emerging as hotspots for new inventory, with a clear emphasis on quality and long-term value.

Mihir Jha, Head of Sales at Better Choice Realtors Pvt Ltd., highlights that the property surge in Delhi-NCR is the result of various positive changes, including policy reforms and high-end infrastructure development. He notes that buyers are increasingly prioritizing location, brand trust, and livability. The 37% increase in new supply reflects the market's depth, and he believes that the best is yet to come.

Looking ahead, the housing market in Delhi-NCR is expected to maintain a positive trajectory in the latter half of 2025. As infrastructure projects near completion and investor confidence grows due to regulatory stability, NCR is poised to solidify its position as India's most dynamic housing market.