As 2025 is set to end in a few days, activity in the premium housing market has gathered pace. Properties in the Rs 1 crore-plus bracket have found steady takers through the year, mostly from families looking for more space or a better neighbourhood. Developers say many of these buyers began their search early in the year and stayed active regardless of season, which helped sustain sales across quarters. A CBRE-ASSOCHAM report reported that luxury housing sales jumped 85 per cent in the first half of 2025, with NCR contributing more than half of those transactions.
That momentum also filtered into the luxury bracket. Homes priced at Rs 4 crore and above, once restricted to a handful of sectors, now attract interest across a wider stretch of the region.
Market reports show that demand for high-end homes has been rising for some time. ANAROCK’s data highlights the scale of this growth, with average luxury prices moving from about Rs 13,450 per square foot in 2022 to nearly Rs 23,100 in 2025. Brokers in Gurgaon and Noida say buyers in this range are particular about layout planning, finishes and the reputation of the developer.
Dwarka Expressway and UER II Reset Connectivity for NCR
A major catalyst for Gurgaon’s premium housing momentum this year has been the completion of the Dwarka Expressway and Urban Extension Road II. Developers describe these projects as transformative. Many homebuyers and brokers frame the infrastructure push as a much-needed intervention delivered under the leadership of Prime Minister Narendra Modi. The expressway, in particular, is often referred to as a long-overdue ‘gift’ to commuters who spent years navigating bottlenecks on the traditional Delhi–Gurgaon corridors.
With both corridors now operational, access to IGI Airport has become noticeably smoother, and commuters from West and North Delhi report shorter and more predictable travel times into Gurgaon’s commercial pockets. Real estate sentiment along the expressway has shifted sharply. Sectors that had remained inactive for years are now drawing sustained interest. Industry data shows steep price appreciation along the stretch over the last five years, with some estimates placing growth at more than three and a half times. Developers say most new demand here is for premium homes backed by improved access and the steady addition of social amenities.
UER II has had a similar effect in the northern belt. The new link connects Rohini, Mundka, Najafgarh and the Dwarka side with highways leading towards Sonipat and Kundli. For residents in these neighbourhoods, the project has created a faster link to the airport and to Gurgaon. Analysts say the enhanced connectivity has already begun to lift the profile of pockets that earlier struggled to attract buyers.
What Real Estate Players Say
Navdeep Sardana, founder of Whiteland Corporation, said, “2025 has been a defining year for the Indian real estate sector, driven by a clear shift in how consumers perceive and pursue premium living. One of the most significant transformations has been the rise of branded residences. Backed by global hospitality brands, these developments have reshaped customer expectations bringing trust, service consistency and lifestyle assurance to the forefront. Indian homebuyers today are no longer just purchasing a home; they are investing in a curated living experience with global standards built into every detail.”
This demand for reliability, design excellence and long-term value preservation has accelerated the adoption of branded residences across major markets. As we wrap up 2025, it’s evident that this segment is not a trend but a structural change in the industry. Branded residences are elevating the benchmark for premium housing and redefining what modern homeownership means in India. Moving into 2026, this momentum will only grow stronger as buyers increasingly seek developments that combine hospitality-driven living, global affiliations and future-ready design, Sardana added.
Rishabh Periwal, senior vice-president of Pioneer Urban Land & Infrastructure, said, “Delhi NCR reaffirmed its position in 2025 as India’s most premium and high-value real estate market. Demand was driven largely by HNIs and NRIs, with the region witnessing some of the strongest price growth among major metros. Buyers continued to prioritise branded, amenity-rich developments, reflecting a clear shift toward lifestyle-led purchasing. Gurugram remained the epicentre of the luxury surge. High-growth corridors accelerated meaningfully, powered by marquee infrastructure such as the Dwarka Expressway. Golf Course Extension Road and SPR also emerged as focal points for new luxury launches, supported by improving connectivity and an ecosystem of high-quality developments.”
Infrastructure upgrades did more than just reduce travel time, they restored buyer confidence, de-risked micro-markets, and directly fuelled price appreciation. In parallel, next-generation residential projects introduced a more holistic definition of luxury, with expansive clubhouses, wellness-driven amenities, curated recreation, and community-centric planning. Looking ahead to 2026, the market is set to pivot from volume to value. The emphasis is clearly moving toward quality: sustainable planning, integrated townships, technologically advanced living, and most importantly, timely delivery as a non-negotiable benchmark. The stage is set for developers who prioritise design, execution, and long-term trust over rapid rollouts, he added.
Rohit Kishore, CEO, Hero Realty, said, “In 2025, the NCR real estate market has thrived thanks to strong buyer interest and investment. Improved infrastructure, especially the Dwarka Expressway and UER-II launched by Prime Minister Modi, has enhanced connectivity and increased the region’s appeal. Tier-2 cities like Ludhiana, Mohali, Lucknow, Dehradun, and Haridwar are also experiencing growing demand for high-quality developments, indicating a shift toward emerging urban centres.”
As we look to 2026, the sector is set for continued growth, backed by better infrastructure and a focus on sustainable, lifestyle-oriented communities. Developers are well-positioned to meet evolving homebuyer needs and deliver lasting value, he added.
According to a recent report by Savills India Research, prices of new villa properties in Goa compare with the apartments in South Delhi and South Mumbai, priced between Rs 7 crore and Rs 10 crore.
Dheeraj Sharma, CEO of GHD Group, said, “India’s property market in 2025 has maintained solid momentum, supported by confident buyers and improved infrastructure. The push for bigger, better homes is shaping demand across mid and premium tiers. Investor interest is also rising, keeping real estate one of the most stable investment avenues this year. Within this national growth story, Goa has emerged as one of the most dynamic and talked-about markets. The state has seen a sharp surge in luxury villa and holiday home demand, with North Goa locations like Porvorim and Thivim recording price jumps of up to 66% year-on-year. This year, a significant number of investors including NRIs and domestic buyers have actively invested in Goa, drawn by its strong rental potential and lifestyle appeal. Remote-working professionals have also continued to choose Goa as a long-term base, further increasing demand.”
Goa’s rise has been supported by major infrastructure improvements, including the expansion of Mopa Airport and enhanced highway connectivity, making the state more accessible for residents, tourists and investors alike. These developments have firmly positioned Goa as a premium lifestyle and investment hub. Looking ahead to 2026, Goa’s momentum is set to continue, with demand likely to outpace supply in key luxury and holiday-home hotspots, he added.
The Outlook
With the year close to wrapping up, the premium segment stands out as one of the most stable parts of NCR’s residential market. A mix of infrastructure upgrades, improved connectivity and consistent end-user demand has defined 2025 for high-value housing. Developers say enquiry levels remain strong, indicating good demand for 2026.
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