Delhi NCR Sees 9 percentw Jump in Luxury Home Sales in H1 2025

Delhi NCR's luxury residential market saw a robust performance during the first half of 2025, with the sale of 5,168 homes priced over Rs.5 crore, a 9 perent surge over 4,763 units sold in H1 2024, as per JLL's latest report. The zone contributed a whopping 65 percent of luxury home sales within India's top 7 cities, reflecting its position as India's premier luxury residential market.

Gurugram was the hub of this expansion, registering 91 percent of all luxury deals in Delhi NCR. "Gurugram has solidly positioned itself as the hub of luxury realty in India. 61 percent of Gurugram's luxury market came from Southern Peripheral Road and Dwarka Expressway alone." stated Manish Aggarwal, Senior MD (North & East), JLL. 

Key Highlights:

• Luxury home sales in Delhi NCR rose 9 percent YoY, with 5,168 units sold in H1 2025, up from 4,763 in H1 2024
• Gurugram accounted for 91 percent of the region’s luxury deals, driven by hotspots like Southern Peripheral Road and Dwarka Expressway
• Luxury segment grew to 27 percent of total sales, showing resilience despite an overall 23 percent decline in Delhi NCR’s residential market

Dr. Samantak Das, JLL India's Chief Economist, further said, "Developers are optimistic about Delhi NCR's huge market size, particularly in the run-up to the festive season and under a subdued inflation environment."

While there was an overall 23 percent year-on-year slump in Delhi NCR's residential sales across the price bands, luxury remained untouched, with its contribution to overall residential sales increasing to 27 percent in H1 2025 from 19 percent in H1 2024 and 12 percent in H1 2023.

Also Read: NCR Apartments and South Delhi Floors Lead the New Wave in Luxury Housing

Infrastructure projects, including the development of Dwarka Expressway and future Gurugram Metro, have heavily increased property prices and luxury demand along major corridors. In the future, Delhi NCR will continue to lead luxury housing, fueled by urbanization, improved connectivity, and changing lifestyle expectations.