Delhi NCR Property Prices Skyrocket by 81%!

Have you been dreaming of buying a home in or around Delhi? Maybe you’ve been saving up, scrolling through property listings, and imagining your future in the bustling National Capital Region. Well, if you’ve been in the market for a while, you’ve probably felt it in your gut, but the numbers now confirm it: the dream of homeownership in the Delhi NCR Property Prices has gotten significantly more expensive, almost overnight.
Let’s just talk about how much things have changed. If you had your eye on a place back in early 2020, you were probably looking at prices around ₹4,580 for every square foot. Now, for that very same space, you’d need to shell out closer to ₹8,300. That’s an 81% jump across the region in just five years. It’s a figure that’s hard to even wrap your head around, and it explains why the search for the perfect home might feel a lot more challenging today.
The story gets even more intense depending on where you’re looking. If you were considering Greater Noida for its space and affordability, you’re now facing prices that have nearly doubled, shooting up by 98%. It’s a similar story in Noida, with a 92% hike, and even in the corporate hub of Gurugram, where prices have soared by 84%.
So, what’s causing this whirlwind? A big part of it is that the NCR is transforming before our very eyes. Massive new projects like the Dwarka Expressway aren’t just concrete and tar; they are lifelines that are making previously distant areas feel connected and accessible. This has, naturally, made land and homes there far more desirable.
At the same time, the very idea of a “home” is changing. More and more, the focus is shifting from simple, affordable apartments to grand, luxurious living spaces packed with amenities. Developers are catering to a new wave of buyers who want more than just four walls—they want a premium lifestyle. While this is exciting, it also means that finding a simple, budget-friendly home is becoming tougher.
But there is a silver lining in all of this. The fact that so many properties are being bought up—unsold inventory has been cut by more than half—shows that this isn’t just a bubble. Real people and families are moving in and setting down roots. Thanks to regulations like RERA, there’s also more transparency and trust in the market than ever before. For anyone looking to buy, it’s a clear sign that while the challenge is greater, you’re investing in a vibrant, growing community with a very promising future.
Souce :- Business News This Week
Luxury Housing in NCR: The New Choice for Discerning Homebuyers
Luxury Housing in NCR – It seems like there’s a new trend in the National Capital Region (NCR), and it’s all about living life king-size. The real estate market in the NCR is buzzing with activity, and the spotlight is shining brightly on luxury homes. More and more homebuyers are choosing to invest in high-end properties, and it’s not just about a fancy address; it’s about a complete lifestyle upgrade.
What’s Driving the Demand for Luxury Housing?
So, what’s behind this shift towards luxury? It’s a mix of things, really. For starters, the number of high-net-worth individuals (HNWIs) in the region is on the rise. These are people with a good amount of disposable income who are looking for homes that offer more than just a place to sleep. They want comfort, exclusivity, and a space that reflects their success.
Another big factor is the incredible infrastructure development happening across the NCR. Think of the new Dwarka Expressway, the Yamuna Expressway, and the upcoming Jewar Airport. These massive projects are making it easier than ever to travel within the region and beyond. As a result, areas like Gurugram, Noida, and South Delhi are becoming even more attractive for real estate investment.
A Home That’s More Than Just a Home
The pandemic has also played a role in changing what people look for in a home. After spending so much time indoors, many of us have realized the importance of having a spacious and comfortable living environment. Today’s homebuyers want homes with extra rooms for a home office or a gym, open green spaces, and modern amenities that cater to a holistic lifestyle.
Developers are paying close attention to these changing preferences. They are launching new projects that are designed to offer a complete living experience, with features like private gardens, swimming pools, clubhouses, and top-notch security. These aren’t just apartments or villas; they are personal sanctuaries where families can thrive.
Where is the Action Happening?
Gurugram, especially along the Golf Course Road and the Dwarka Expressway, has emerged as a major hub for luxury housing. Noida is not far behind, with many new and exciting projects coming up. Even South Delhi, with its classic charm, is seeing a renewed interest in high-end properties.
In a nutshell, the luxury housing market in the NCR is not just a trend; it’s a reflection of a new way of living. It’s about a desire for a better quality of life, a home that’s a perfect blend of comfort and style, and an investment that promises great returns. As the NCR continues to grow and develop, the demand for luxury homes is only set to increase.
Source: News18
Elan Group Bags ₹250 Crore from Piramal Finance for Gurgaon Commercial Project
Gurgaon‑based Elan Group has secured a ₹250 crore financing deal from Piramal Finance, aimed at fast‑tracking the development of a new commercial project spanning over 1 million sq ft in the city .
This financing builds on the group’s strong recent funding record:
- ₹1,200 crore from Kotak Real Estate Fund last year
- ₹900 crore (USD 110 million) from global firm PAG back in 2022
Industry sources suggest CBRE acted as the financial advisor on this transaction. The fresh infusion will help accelerate timelines across Elan’s expansive portfolio of 15 projects, which includes residential, retail, commercial, and hospitality developments totalling around 25 million sq ft across Gurgaon and Delhi.
Moreover, Elan recently awarded construction contracts worth a combined ₹2,000 crore to Leighton Asia for two flagship developments:
- Elan Imperial, its premium commercial tower in Sector 82, Gurgaon
- Elan The Presidential, a luxury residential complex on the Dwarka Expressway
The group’s expansion into luxury housing began with the launch of Elan The Presidential in 2022 .
What This Means for You (Elan Group):
- Boosted development momentum: With seasoned funders like Piramal, Kotak, and PAG backing its projects, Elan is well-positioned to deliver high-quality spaces faster.
- Commercial real estate on the rise: The injection underscores continued investor confidence in Gurgaon’s commercial property landscape.
- Scale & diversification: Elan’s portfolio now stretches across multiple segments and geographies—putting it among the region’s most diversified developers.
Source : – Realty ET
Zomato Founder Deepinder Goyal Purchases Lavish ₹52.3 Crore Apartment in Gurugram’s Prestigious DLF Camellias
Deepinder Goyal, the founder and CEO of food delivery giant Zomato, has made a significant real estate investment, acquiring a luxurious apartment in Gurugram’s highly sought-after ‘The Camellias’ by DLF. The sprawling residence, located on the coveted Golf Course Road in DLF phase-5, was purchased for ₹52.3 crore.
Documents show that the deal for the 10,813 square-foot super built-up area apartment was finalized in August 2022 and officially registered in March of this year. This acquisition places Goyal among the elite residents of one of India’s most prestigious addresses, known for its opulent amenities and premium lifestyle offerings.
The purchase highlights a broader trend of soaring property values in Gurugram’s luxury real estate market. Market experts estimate that the current value of Goyal’s apartment has already appreciated significantly, now commanding a price between ₹125 crore and ₹150 crore. This sharp increase reflects the robust demand and escalating prices for high-end properties in the region, solidifying The Camellias’ reputation as a prime investment for high-net-worth individuals.
Source :- Reality ET
Elan Group Secures ₹250 Cr from Piramal Finance for Gurgaon Commercial Project
Elan Group, a prominent Gurgaon-based developer, has recently secured a substantial ₹250 crore in funding from Piramal Finance. This significant investment is earmarked for the construction of a new commercial project in the bustling city of Gurgaon, set to span over an impressive one million square feet. This latest financial injection underscores the confidence investors have in Elan Group’s vision and the robust potential of the Gurgaon real estate market.
Strategic Financial Backing
This isn’t the first time Elan Group has attracted considerable investment. The current construction finance deal with Piramal Finance follows a substantial ₹1,200 crore funding secured from Kotak Real Estate Fund just last year. Furthermore, in 2022, the group successfully raised $110 million (equivalent to approximately ₹900 crore) from PAG, a leading global alternative investment firm. These successive rounds of funding highlight Elan Group’s strategic approach to financial management, ensuring robust capital for its ambitious projects. The company’s primary objective with these funds is to fast-track its diverse projects across the region, bringing them to completion more efficiently and rapidly.
Expanding Project Portfolio – Elan Group
Beyond financial milestones, Elan Group has also been active on the development front. The company recently awarded two major construction contracts, collectively valued at a remarkable ₹2,000 crore, to Leighton Asia. These contracts are specifically for two of their highly anticipated projects: Elan The Presidential, a luxury residential development located in Sector 106, Dwarka Expressway, and Elan Imperial, a new luxury commercial project situated in Sector 82, Gurgaon. These projects underscore Elan Group’s commitment to delivering high-quality, aspirational spaces in both the residential and commercial segments.
Elan Group’s comprehensive portfolio currently boasts 15 projects, strategically spread across the residential, retail, commercial, and hospitality sectors. These developments are concentrated in key locations such as Gurgaon and New Delhi, collectively offering an expansive 25 million square feet of built-up area. This diverse portfolio positions Elan Group as a multifaceted player in the real estate market. In a notable strategic move in 2022, the group also ventured into the exclusive luxury residential segment with the successful launch of Elan The Presidential, marking a new chapter in their growth story.
Positive Market Trends
Elan Group’s recent successes are set against a backdrop of a thriving Indian real estate market. According to Savills India, a globally recognized real estate consulting firm, private equity investment inflows into the Indian real estate sector experienced a significant surge in the first half of 2025. These inflows reached an impressive $2.4 billion (approximately ₹20,000 crore), marking a substantial 38% year-on-year increase. This robust growth in investment signals a strong and optimistic outlook for the real estate sector in India, further supporting Elan Group’s expansion and development initiatives.
The sustained investment and development activities by companies like Elan Group are crucial indicators of a dynamic and growing real estate landscape in the National Capital Region and beyond.
Source :- Economic Times