Delhi-NCR Property Prices Up 6-12% But No Drop In Demand. Should You Invest Now?

SOURCE : NEW18 NEWS

Last Updated:May 20, 2025, 18:27 IST

With rising prices and demand, experts expect further increases soon. They advise choosing a reliable developer, prime location, and budget-friendly property for better returns

Families in Delhi-NCR are increasingly contemplating a move from rented properties to purchasing homes, driven by enhanced metro connectivity, new expressways, airports and improved road networks, which have considerably reduced commute times between offices and residences.

Despite recent property price increases in areas such as Gurugram, Noida, Greater Noida, Ghaziabad, and Faridabad, site visits and bookings have not decreased. Experts attribute the heightened demand for property in these cities to infrastructure development and improved connectivity, prompting individuals to prioritise buying homes as long-term investments over renting.

The real estate sector in Delhi-NCR is currently witnessing an intriguing trend. Property prices for flats and plots have surged by 6% to 12% over recent months, yet buyer and investor interest has grown rather than waned.

Institutional investment in India’s real estate sector rose by 47% to $0.81 billion (approximately Rs 6,750 crores) in the first quarter of 2025, according to a report by Vestian. Residential segment investment during this period was $506.1 million, a 125% increase from the previous year.

This surge in investment is evident in major hubs like Delhi-NCR, where both investment and bookings in the housing sector have risen. Experts suggest that significant institutional and foreign investments in the sector bolster confidence among common buyers, reinforcing trust in NCR’s real estate market.

Where And How Much Did Property Prices Rise

Property prices have seen notable increases across various locations:

• Gurugram (Dwarka Expressway, New Gurugram): Property prices rose by 8–12%
• Noida (Sector 150, Noida Extension): Saw a 7–10% increase in rates
• Greater Noida West: Prices climbed by 6–9%
• Ghaziabad (Rajnagar Extension, Siddharth Vihar, Indirapuram): Witnessed a 6–8% rise
• Faridabad (Nehru Ground, Sectors 88–89): Recorded a 5–7% increase

Reason Behind Rising Property Prices

The price rise is attributed to:

• Major infrastructure projects like the metro, expressways, and airports are driving demand
• Rising construction and land costs are pushing up property prices
• Rental yields have improved, attracting more investors
• Stable home loan interest rates have boosted buyer confidence

What Do Real Estate Experts Say

According to Surendra Kaushik, Founder and Managing Director of ARIPL, “The rising demand in Gurugram’s Dwarka Expressway and New Gurugram clearly indicates that the region is highly favourable for real estate investment. Over the past year, some of our projects have seen a value appreciation of over 15%. Strong end-user participation has helped maintain market stability and trust. Upcoming developments like Cyber Hub 2, the approval of the country’s second bullet train, and the 1,000-acre Leopard Trail project are further boosting demand and future prospects. Haryana Chief Minister Nayab Singh Saini recently announced that the first phase of the Global City project in Gurugram will be completed by the end of next year, which is expected to significantly drive up both real estate demand and property prices.”

Ankit Kansal, Managing Director of 360 Realtors, said, “Property prices in Sector 106, Sector 109, and New Gurugram have risen by over 10% in the past year. Despite the surge, buyer interest remains strong, indicating that real estate is being viewed as a stable, long-term investment. With rental rates also on the rise, investing now is seen as a smart and timely decision.”

Kushagra Ansal, Director of Ansal Housing shared, “Real estate has long been the safest investment during inflationary times. Today, property continues to earn customer trust, with rising rental demand in Delhi-NCR offering strong returns.”

Yash Miglani, Managing Director of Migsun Group, noted, “Inquiries for 2BHK and 3BHK homes have steadily increased in areas like Rajnagar Extension, Vasundhara, and Indirapuram. The growing preference for ownership over renting is boosting the market.”

Vineet Chelani, Founder and CEO of Asset Deals, explained, “Today’s buyers in NCR are more informed, considering not just price but also developer credibility, location, and returns. This is driving higher demand and rising prices—a trend set to strengthen further.”

Neeraj Sharma, MD of Ascon Infra Realtors, emphasised, “In Noida-Greater Noida, buyers now consider the complete package—not just price. Location, open spaces, smooth connectivity, and timely delivery all matter. Over the past six months, we’ve seen steady growth in customer interest in our projects.”

Manit Sethi, Director of Exensia Infra, highlighted, “Real estate prices in Dehradun have been steadily rising, yet buyer confidence remains strong. The city’s appealing mountain lifestyle, growing infrastructure, and status as an education and retirement hub make it an attractive investment destination. Given current trends, now is an ideal and profitable time to invest in Dehradun.”

Amitav Sinha, President of Sales & CRM at Bhumika Group, said, “Delhi-Mathura Road is emerging as a promising investment hotspot. With ongoing improvements in connectivity and infrastructure, property demand is rising rapidly. Despite price increases, buyer confidence remains strong, making now an ideal time to invest. The area’s robust infrastructure and future development plans also enhance its appeal for long-term returns.”

Vishal Sabharwal, Head of Sales at Oris Group noted, “Property prices in Gurugram and Noida continue to rise, yet buyer confidence remains strong, indicating market stability. With ongoing infrastructure development and high demand, now is an ideal time to invest in real estate.

Dimple Bhardwaj, Head of Channel Sales & Marketing at Better Choice Realtors Pvt Ltd, shared, “Prices have certainly risen, but customer confidence remains strong. In a growing market like Gurugram, infrastructure development, metro connectivity, and job opportunities have added stability and appeal to real estate. We believe this is a golden opportunity to invest, as prices are likely to climb further.”

Should You Buy Your House Now

Experts believe that now is the right time to buy a house in Delhi-NCR. With prices and demand steadily rising, it is expected that prices may increase further in the coming months. Additionally, the growth in institutional investment reflects the strength and stability of the market. Experts advise choosing a reliable developer, a good location, and a property within budget to secure not only a quality home but also better returns.

Location :

Delhi, India, India

First Published:

May 20, 2025, 18:27 IST