The Luxury Capital of India: Why Delhi-NCR is the New Hotspot

Delhi-NCR has cemented its status as India's leading luxury real estate destination, with 34% of the residences for sale valued above ₹10 crore. The area registered a staggering 72% growth in luxury property sales during January and September 2024, surpassing Mumbai and other metropolitans. The drivers for this are high-end buyers, NRI investment, and infrastructure advancements. Prominent schemes such as the ultra-luxury projects by DLF have helped fuel this boom, and regions such as Gurugram and Noida have witnessed tremendous sales and price appreciation.

 

Source: Business Standard, Times Now, Financial Express