The Delhi-NCR region has solidified its position as the leading housing market in India during the January-March 2026 quarter. According to a recent report by JLL, the area experienced an impressive 8% year-on-year increase in housing sales, accompanied by notable price appreciation. This growth is largely attributed to Gurugram, a city undergoing significant transformation due to continuous infrastructure development and a trend toward premium housing options. Gurugram's residential market has outperformed inflation over the past decade, achieving an 8-10% compound annual growth rate (CAGR), showcasing its resilience and appeal to investors.
As the residential landscape evolves, industry experts emphasize the importance of strategic micro-market selection for future value creation. Rishi Raj, CEO of Conscient Infrastructure, highlights that the next phase of growth will be more selective and reliant on well-defined market segments. Key infrastructure corridors such as NH-8, Southern Peripheral Road (SPR), and the Dwarka Expressway are identified as pivotal areas for price appreciation. The Dwarka Expressway, in particular, has emerged as a premier destination for luxury housing, bolstered by enhanced connectivity to major transport hubs including Indira Gandhi International Airport and NH-48. Manik Malik, CEO and President of BPTP, notes that the corridor’s rapid development in both residential and commercial infrastructure is attracting high-end buyers looking for quality investments.
Market trends indicate a significant shift towards high-value housing, with the segment priced over Rs 1 crore driving demand across the NCR. Rajjath Goel, Managing Director of MRG Group, asserts that this trend is particularly notable along the Dwarka Expressway, where demand is increasingly fueled by high-net-worth individuals (HNIs) and non-resident Indians (NRIs). These buyers prioritize location credibility and potential for long-term appreciation over price sensitivity, positioning the corridor as a lucrative market for future investment.
Beyond the NCR, other metropolitan areas like Bengaluru are also experiencing steady growth. The city benefits from strong end-user demand and a vibrant employment landscape, with developers responding effectively to market needs through strategic pricing. Umesh Gowda H.A, Chairman and Founder of Sanjeevini Group, confirms that Bengaluru's real estate market is on a sustainable growth path, with supply levels closely aligned with demand. As housing demand continues to rise across various markets, factors such as favorable monetary conditions and increasing household incomes contribute to improving affordability metrics, further bolstering the housing sector's resilience in the medium term. Nevertheless, experts agree that the Delhi-NCR region, driven by Gurugram's advancements, remains at the forefront of India's housing growth cycle, signaling a promising future for the real estate market.