Is 2025 the Right Time to Invest in NCR Real Estate? Experts Weigh in

Delhi-NCR, March 26, 2025: The National Capital Region has long been a prominent real estate hub due to its strategic location, rapid urbanization, and evolving infrastructure. The region attracts investors and buyers, offering them premium residential, commercial, and mixed-use developments. As the Indian real estate sector enters a new growth cycle, 2025 will be a pivotal year for NCR Realty.

Delhi-NCR emerged as the top housing market across nine cities in 2024, whereas Gurugram alone achieved 66 per cent growth in sales value, pushing Delhi-NCR to cross the 1 lakh crore sales value threshold, as noted by a report of PropEquity. The total sales value of Delhi-NCR increased by 63 per cent in 2024, reaching INR 1.53 lakh crore, followed by Mumbai with a 13 per cent increase, whereas Hyderabad witnessed an 18 per cent decline, as per the report.

Moreover, over the last few years, property prices across NCR have shown steady appreciation, with key hotspots witnessing exponential growth. According to a report by Anarock, NCR recorded a 44 per cent surge in new launches, the highest among major regions. The housing market also witnessed an impressive 30 per cent spike in prices, the steepest increase across India, underscoring a strong demand from homebuyers. This price growth surpassed the 21 per cent average increase recorded across other leading cities, positioning NCR as a key driver of the country’s real estate momentum.

Gurugram’s prime locations, such as Golf Course Road and New Gurgaon, have witnessed price appreciation, driven by infrastructure expansion and rising demand. As per Square Yards, Dwarka Expressway has experienced a remarkable rise in residential supply post-pandemic, becoming the largest market in Gurugram with the highest cumulative new supply post-2020, followed by New Gurgaon and Sohna. This growth is driven by the inauguration of the Gurugram stretch in March 2024 and the near completion of the Delhi stretch, fuelling residential activity.

Sandeep Chhillar, Founder and Chairman, Landmark Group, expresses how Dwarka Expressway and New Gurgaon have transformed into investment hotspots. He states, “Several factors are responsible for positioning the market as an attractive investment destination. Driven by superior connectivity with the expressway nearing completion and multiple business districts emerging, these key locations offer strong potential for both commercial and residential investments. We anticipate continued demand and price appreciation in 2025 as corporate occupiers and homebuyers increasingly prefer these well-planned micro-markets.”

With the increasing migration of working professionals and businesses to NCR, there is a sustained demand for both residential and commercial spaces. Amidst this growth, we expect that the demand for luxury residences and commercial spaces here is set to rise further in 2025, backed by limited supply and increasing buyer interest.”

Founder of KREEVA and Kanodia Group Gautam Kanodia says, “With India’s GDP projected to grow at a steady pace, rising disposable incomes and increased affordability are fueling real estate demand. In addition, key projects such as the Dwarka Expressway, Noida International Airport, metro expansions, and elevated corridors are significantly enhancing connectivity and boosting real estate values. To name a few, Golf Course Road in Gurugram and key neighbourhoods in South Delhi are amongst the micro markets in NCR that continue to attract high-net-worth investors and NRIs due to their luxury real estate offerings and proximity to corporate hubs. These areas have consistently delivered strong capital appreciation and rental yields, making them one of the most lucrative micro-markets in NCR.”

Simultaneously, the rise of mixed-use developments is reshaping the market, with integrated townships combining residential, retail, and office spaces gaining popularity in Noida Extension, Dwarka Expressway, New Gurgaon and Faridabad. These factors collectively reinforce NCR’s position as a balanced and high-potential real estate market.

Mohit Goel, MD, Omaxe Group says, “NCR’s real estate market has been on a solid growth path, and it’s only getting stronger with infrastructure upgrades, rising investor confidence, and increasing demand across housing, office, and retail spaces. With game-changing projects like the Dwarka Expressway, Noida International Airport, and metro expansions, we are seeing key cities within NCR transform into growing urban hubs. Faridabad, in particular, has come into its own, due to its strategic location, better connectivity with Delhi and Gurugram, and rapid industrial growth. Further, the demand for premium housing, Grade A office spaces, and organized retail is rising steadily, making it a market to watch. Considering positive sentiments prevailing, mega infrastructure projects like Noida International Airport approaching their inaugural date soon in a couple of months, we anticipate Faridabad and its micro markets to have a significant positive impact of this development. Faridabad’s realty market is offering strong capital appreciation and a business-friendly environment for both investors and end-users making it one of the highly recommended markets to invest in 2025.”

Meanwhile, in Noida and Greater Noida, major projects like Noida International Airport, the Noida-Greater Noida Expressway, and metro extensions have contributed to an increase in property prices, particularly in Noida Sector-150, Siddharth Vihar, and Greater Noida West. Another report by Anarock highlights Noida Expressway in Delhi-NCR witnessed 66 per cent appreciation, attracting both investors and end-users.

Prateek Tiwari, Managing Director, Prateek Group, says, “The NCR real estate market has been on a strong growth trajectory, driven by infrastructure expansion, rising demand for premium housing, and increasing investor confidence. Among the emerging hotspots, Noida Sector-150 and Siddharth Vihar stand out as promising micro-markets for high-end residential investment. Their strategic location, integrated township developments, and infrastructure-driven growth have positioned them as sought-after destinations. Further, the expansion of metro connectivity and expressways has significantly boosted real estate demand in these corridors. With a mix of high-end living spaces and increasing commercial viability, we believe these areas are set for strong end-user demand and steady price appreciation in the coming years.”

Therefore, the long-term potential of NCR’s real estate landscape is driven by mega infrastructure projects, improving connectivity, and the growing presence of business hubs, making it a future-ready investment destination. Experts believe that 2025 is the opportune time to invest, as current market trends indicate steady price appreciation, increased end-user demand, and a favourable regulatory environment. Strategic investors focusing on emerging growth zones will benefit from high capital appreciation and strong rental yields, ensuring sustainable returns in the years ahead.