Prices Of New Housing Projects In NCR Up Over 2-Fold: Report

Real estate continues to outshine other investment avenues in terms of returns, according to industry experts. Gurugram-based property consulting firm InfraMantra founder, Shiwang Suraj, emphasized that the return on investment (ROI) in real estate has far surpassed other investment options. He noted, “Demand remains robust even at elevated price points, as seen from the reduced property conversion times.”

Growing Demand and Rising Prices in Delhi NCR

Abhishek Trehan, Executive Director of Trehan Iris, highlighted the significant rise in housing prices across NCR since 2019. He believes this price appreciation reflects the region’s increasing attractiveness and evolving real estate landscape. Trehan stated, “As demand continues to outpace supply, we’ve seen a surge in homebuyers seeking long-term investments in well-connected locations within Delhi NCR.”

This trend isn’t just a short-term spike in prices but a sign of the region’s economic strength and infrastructure development, he added. The area’s appeal as a hub for professionals, coupled with an evolving infrastructure network, has made it one of the most sought-after destinations for homebuyers in recent years.

Gurugram: A Hotspot for Real Estate Investment

Arjun Nanda, Founder & CEO of real estate consultancy Your Home (YHATAW), pointed out that Gurugram has become a standout market within NCR, excelling both in sales and value appreciation. He attributed this success to key infrastructure developments, such as the Dwarka Expressway, which have driven both demand and price growth. “Gurugram has emerged as a prime location for real estate investment, with key infrastructure projects spurring further growth,” Nanda said.

While housing prices have increased in tandem with rising land and material costs, Nanda anticipates that the market will either stabilize or experience modest growth in the near future.

Infrastructure Boosting Property Demand

The region’s growing infrastructure, including major projects like the Dwarka Expressway and the upcoming metro expansions, is a key driver behind the increasing demand for properties. These developments not only improve connectivity but also enhance the long-term value of properties in these areas, making them highly attractive to homebuyers and investors alike.

The Future of Delhi NCR Real Estate

The Delhi NCR real estate market is expected to continue its upward trajectory, thanks to a combination of rising demand, infrastructure development, and a growing appeal as a business and residential hub. As experts predict, the region’s real estate market will remain a strong contender for long-term investment, especially in well-connected areas such as Gurugram, Noida, and Greater Noida.