Delhi-NCR led India’s luxury housing market in H1 2025, accounting for 65% of Rs 5 crore+ home sales. Gurugram drove the surge, backed by premium infrastructure and evolving buyer preferences. With 27% of regional sales now in the luxury bracket, Delhi-NCR is redefining urban living and investment strategy nationwide.
Delhi-NCR has emerged as India’s undisputed luxury housing capital in 2025, accounting for nearly 65% of all residential sales above Rs 5 crore across the country. This marks a dramatic shift in buyer preferences, urban planning, and investment strategy, with Gurugram at the epicentre of this transformation.
Key Highlights
- A total of 5,168 luxury homes priced above Rs 5 crore were sold across India’s top seven cities in H1 2025, with Delhi-NCR alone contributing 65% of these transactions
- Gurugram dominated the region’s premium housing market, accounting for 91% of Delhi-NCR’s luxury sales, driven by infrastructure corridors like Dwarka Expressway and Southern Peripheral Road
- Luxury homes now represent 27% of all residential sales in Delhi-NCR, up from 19% in H1 2024 and just 12% in H1 2023
- The region’s growth defies the broader slowdown in residential real estate, with luxury sales rising 9% year-on-year
- Developers are actively launching high-end projects with biophilic design, smart automation, and green-building certifications to meet evolving buyer expectations
- The buyer profile is shifting toward globally exposed NRIs, CXOs, and entrepreneurs seeking lifestyle-centric, legacy-grade homes
- Premium enclaves now integrate wellness zones, retail hubs, and community spaces, redefining urban living beyond standalone residences
Strategic Takeaways
- Delhi-NCR’s luxury boom reflects a deeper change in urban aspirations and long-term value creation
- Gurugram’s rise as a premium hub is backed by connectivity, liveability, and regulatory transparency under RERA
- The market’s resilience amid broader moderation signals investor confidence and demographic maturity
- Developers are expanding beyond Delhi-NCR into Mumbai and other metros, replicating the premium blueprint
Market Outlook
- India’s luxury housing segment is expected to grow steadily, with Delhi-NCR setting benchmarks in design, delivery, and pricing
- Infrastructure-led micro-markets like SPR and Dwarka Expressway will continue to attract high-value investments
- Analysts foresee sustained demand from affluent buyers seeking gated, green, and tech-integrated living environments
- The region’s dominance in Rs 5 crore+ sales positions it as a bellwether for India’s evolving real estate landscape
Sources: JLL India Residential Market Analysis, Economic Times Real Estate Desk, Business Standard Property Tracker, Times Now Realty Briefs, Housing.com Market Report 2025